In those cases, you should execute a written consent of the member approving the action.

So, if the beneficiary deed is recorded and there is no later BD or a revocation, then the deed takes effect at death.

Trying to start a LLC but lawyer highly recommended I get consent from the mortgage lender about transferring deed to the LLC.

Germain) specifically exempts jr. liens as an encumbrance to title that gives any lender the option to proceed under the DOS.After the sale, then the due on sale is applicable as there has been a transfer of title.While the end result is the same, the basis to accelerate a senior obligation is different pre and post foreclosure.Generally for any lien holder to foreclose, notice is required to all lien holders of record, in reality, proceeding with the consent of senior lien holders may be accomplished, with amounts bid in to pay all if agreed.

Just don't take on anything yourself without consent of the boss!

But if its a revocable living trust, then she can change it at will.

:(I'm back, sorry....One thing I'd explore with an underwater home would be a Sub-2 with notice (and a wink and a nod of consent) to the lender.

Being a straw man facilitating a commercial loan could have issues.If you're flipping a contract, attempting to have financing terms agreed to and then have someone assume that financing without specific consent by the seller will be another big issue.It's best that you stay out of the financing side and allow the seller and end buyer to devise the deal. :)

If so then hire an attorney and watch how they handle it (the consent agreement) once you know the ropes you can do them yourself.

You also have a checkbook control and dont have to obtain custodian consent when making investments.