I'm familiar with straightforward quick flips, but this seems more complex.Could someone suggest key protective terms to put in place, or a source for boilerplate LLC operating agreement language to compare against?

I know automation is key at a certain point in your business, but as a new Investor, there's a sense of wanting to do things manually (eg, I can build my own websites and wish to insert my own language (my brand) into email responses.

However, the language on the foreclosure deed (aka deed under power) revived the leases.

Let us know about any assignment language.

@Angelo Without getting into legal or tax advice we typically have language in our letters of intent to the effect of buyer will assign the property to a new entity created solely to hold the property.

I had to do some research on the difference (which I remember there actually did turn out to be a difference)...in the end, it did not matter, as the pet was in violation of the lease due to the language of the lease and he had to find another home for the pet.

I should note that the weather was -5 degrees with a wind chill of -20 or -30 degrees....record lows and coldest temperatures in 20+ yearsI have 2 questions:1: I have language that would support holding the tenants accountable for 'accidently' leaving the door they granted access to the utility employee open by not making sure it was properly secured.

I was basing my opinion on the quoted language you provided, which I still interpret the same way.

Does any one have a sample non-renewal form they'd be willing to share? I looked in the files but no luck...

Thanks in advance!

After a brief back and forth between the seller's and HOA's lawyers, we got a letter stating that we the seller can sell the unit as a rental unit.The exact language states that "the board approves the request of the homeowners to sell the above referenced unit to be used as a rental unit".Now I am not a lawyer, but to me that is clear as mud.Should I expect the HOA to write a letter addressed to us stating that we can rent the unit and when we sell, our buyer can also rent the unit?