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Results (110)
Eric Peoples 2-way 1031 Exchange experience?
12 July 2018 | 7 replies
Does any one have any experience successfully doing two simultaneous bilateral 1031 exchanges? 
Nicholas Lilly What are Non-Disclosure Agreements?
11 June 2024 | 0 replies
For instance, an NDA seeking to restrict an employee forever from applying all skills he acquired in a workplace after leaving that employment may not be considered reasonable.Types of NDANDAs may be unilateral or bilateral/mutual or multilateral.In unilateral NDAS, only one party receives information from the other party and the former bears the obligation to safeguard such information.
Brian Christensen How much info should I give the investor?
18 January 2008 | 11 replies
An option is what is called a "unilateral contract" (a typical real estate contract is what's called a "bilateral contract").The difference between a "Uni"lateral contract and a "Bi"lateral contract is just as the words imply:Uni = one = only one party to the contract is obligated.Bi = two = both parties to the contract are obligated.A standard real estate contract is a bilateral contract, which obligates both buyer and seller to perform.
Alan Clarke Wholesaling Contingency
29 October 2016 | 37 replies
To get that equitable interest, you must exercise the option and sign the attached purchase & sale agreement to create a bilateral obligation.
Jamal Harb Cross Border Taxation for Canadian
22 January 2013 | 6 replies
I've discussed this with several accountants and also consulted with one of the top cross boarder tax specialists in Toronto.Steven's response is correct; due to similarities in law, tax policies and bilateral treaties, there is little if any double taxation when Canadians invest in the US.
Linda Roberts What is the standard paperwork at the end of a tenancy?
31 July 2024 | 1 reply
Specifically, anything indicating that the lease is completed and both sides have no claims or issues with each other.There's no "standard" agreement that I'm aware of, but we've done a bilateral "Termination of Rental Agreement" when we wanted to document that a tenant has officially moved out, that there are no outstanding funds owed, and that there are no claims or issues.These agreements are particularly useful when doing "cash for keys" with a tenant.I would keep it simple: State in the document exactly what you want to establish as facts, and then run it by an attorney for good measure.I'd also recommend requiring the tenant's signature be notarized.
Daniel Phillips Paid Investor Training?
3 March 2014 | 20 replies
You don't need an MBA, but you do need to learn really how the business world operates, it's not how most people think, at least on here.Then pick your industry, here, you have chosen RE.Basic knowledge is dry, unexciting, when you read it it's hard to see where the money is or how in the world does knowing that a legal description "closes" or what a certain deed of conveyance does to make you money.The reason most have problems trying to follow some guru path to wealth is because they don't understand the foundation that the strategy is built on.In basic business law you'll learn what an endorsement is, what an assignment is and the different types of contracts there are (not talking RE contracts I'm speaking of unilateral and bi-lateral contracts).
Scott Esmail Turning security deposits already held in to last months rent
23 April 2017 | 8 replies
In a contract it is a bi-lateral agreement, meaning you perform and they perform...
Nick J. 2 Weeks, 4 Weeks to go
15 April 2011 | 3 replies
They see it similarly but they're more concerned with is it a Unilateral or Bilateral (if you don't know, its Unilateral).
Guadalupe Esquivel "Subject To" Deals
14 September 2019 | 18 replies
Any financing agreement is a bilateral contract and that may not be assigned to another party without consent of the lender, this is basic contract law.