Ilva Kibare
Probate sale of income property
13 February 2018 | 5 replies
Your due diligence on the property should be done before the hearing.If you can't close after your 10% deposit is accepted (the winning bidder) you'll forfeit your money..Use caution..
Jenna Joan Singleton
Where do I File a my Civil Suit.
26 July 2022 | 22 replies
The good news is that in not answering they may forfeit their right to contest jurisdiction if they were properly served.
David Hart
Paperwork - What Form is Required?
12 May 2014 | 13 replies
Binder deposit which will remain as a binder until closing, unless sooner forfeited or returned, according to the provisions in this Agreement $________B.
Ben Cochran
Tenants trashed my rental
13 February 2023 | 28 replies
I spoke with the tenant and she admitted in a text that she knew she’d be forfeiting her deposit due to the carpets not being able to be cleaned.
Scot C.
1099 Misc Box 3
27 February 2020 | 8 replies
If you need a black-and-white statement about forfeited deposits being income, read this:https://www.irs.gov/ht/taxtopics/tc414
Judy Parker
Landlord's Rights Being Violated
27 March 2020 | 12 replies
That’s why 60% of the residential rental buildings in the Bronx were forfeited by their owners in the 1980s, the legal amount of rent resulted in loses even if the property had no mortgage.
Kishore Babu
Notice period - how to handle our situation
14 January 2024 | 7 replies
I'd send them a letter stating that their deposit has been forfeited due to non notice and let them know they owe the other month but I wouldn't fight for the extra one.
Anthoni S Bereziuk Jr
Investing Realtor Basics
27 October 2015 | 2 replies
Am I, as a real estate agent, able to fill out the agreement if I want to forfeit my commission and act SOLELY as a principle buyer?
Cody Cavenaugh
questioning getting license, 20 year old real estate investor
16 August 2022 | 13 replies
I forfeit my commission as a cash buyer so I can in effect buy a HUD home for 3% less than a buyer using an agent.
Brian Pulaski
Keeping EMD, Your Opinions!
4 September 2018 | 21 replies
Knowing his personality I can guarantee he explained to the buyer that their EMD is at jeopardy/forfeited, but at this point it is into lawyers hands, not the agent.