Illinois law recognizes the distinction between the assignment of a right and the delegation of a duty and recognizes that an assignment can involve merely the transfer of a right.

The note does not appear to have a DOS clause at all, it merely states that the loan is not assumable, but it does not specify what penalties, if any, would be imposed were the loan to be transferred in some way.  

I never disagreed with you here, not sure why you feel the need to argue.I was merely pointing out that in "SOME" cases, EMD's will be necessary.

I'm merely saying you can't apply it to this discussion because it's different.

It was merely a convenience thing to satisfy my lazy side.Again, I appreciate the reply and the heads up on how to check posts from each user.

Dear Tiara,Real Estate Need a patient person and needs you to have some skills specially communication and eye contact, if you have it and know how to deal with different people and know how to meet people needs you will be successful, I started in this business 18 months ago and i did my first sale after 6 months and i did some good money from this business which i do most of my properties marketing online through the internet so if you clever enough on the internet you can do someting while setiing at home as I'm looking for agents or people market my properties and get 60% of the commission if they find clients and sent them to me @ Red Sea Egypt have a look @ my site http://www.redsea-realestate.net and let me know if you can do somethign wiht me

With the current "bailout system" we are merely trying to sustain the status quo, which penalizes those banking institutions that did not make bad decisions while at the same time rewarding poorly managed institutions by handing them taxpayer money.

Jason, here is what I have been advised: If your entity is on title, but you are named personally as the insurance policy holder, the insurance company could have a "reason" to not pay out claiming the owner was not the insured party.

The best thing you can do, Jayme, is to become 'educated', or even better become an 'expert' in whatever investments you are interested in.There's plenty of money to be made out there, but not by people with mere 'general' knowledge or who depend upon other people's 'guidance'.This I have learned the hard way.

Pat yourself on the back for looking at what many others do not.I'll merely echo what has been said on planning.