I have had attorneys easily show me how to pierce corporate vail by transferring to an LLC without it being arms length transaction especially if you personally are on the loan.

They can't compete on a cost or rental rate basis, unless supported by a large corporate office for price reductions.3. 

We would probably reimburse you for the cost, not because we are legally obligated but because it was the right thing to do.

So, I may have to find out who this person is or simply go to closing and be prepared to deal with this occupant.On the other hand the bank is having trouble providing the legal corporation paper work required by my title company. here is the latest email from Title to Bank: “Please have the seller (the  bank) contact their attorney to provide the needed paperwork.

Upon acceptance they casually slipped in that they needed me to transaction broker both sides, seller obliged. 

Will the LLc need to be converted to a partnership and corporation as a separate entity?

Hence, suggesting a sub to sale to a seller is NOT encouraging him to violate and law or any contractural obligation. 

During the Due Diligence Period, the Buyer shall have the right to conduct, at its sole cost and expense, any and all inspections, examinations, appraisals, surveys, environmental assessments, and other evaluations deemed necessary or appropriate by the Buyer.Financing ContingencyThe Buyer's obligations under the PSA shall be contingent upon obtaining financing in an amount and on terms satisfactory to the Buyer, in the Buyer's sole discretion.

These properties were not distressed quite the opposite.. but they had 100k to 3 to 5 million of standing Timber on them that if we could purchase our Timber deed we could turn those trees to cash within 90 days..PS I had created a hand made custom data base of properties  10 acres or more not corporately owned that Aerial Photogramy show Standing Timber of an Age we deemed Merchantable. 

If the unit they are currently renting does not meet that requirement, then they will need to move to a unit that does.The landlord is under no obligation to lower their rent or change their terms for an existing tenant.