Thanks to our "get a deposit, collect payments, declare default, rinse and repeat" gurus and operators.I totally agree with the procedure of informing a borrower of the option to provide the DIL, provide a request they can present after default and then, acting on the borrower's request accept a DIL.

Lender declared Foreclosure implementation and Sale for March 2012.

Muscle car works better for men?

I assume they would declare bankruptcy on the new entity and close my friends store down.My questions for this situation are: 1.

Did the tenant give you notice of a "problem," time to cure, and advise you of her intentions to move out and declare a constructive eviction. 

Screening is essencial as we have a high number of "educated" tenants and professional tenants in the province.Do not rent to anyone on any form of government assistance, the rent is not guaranteed, they are the highest risk tenants in the province and you can not collect when they default, the government has declared them to be a protected species.Join a local landlord association.

If so, your capex expenditures would be greatly reduced although that is usually offset by the HOA fees you will pay.Request copies of the By-Laws and Declarations and read them thoroughly so you can have a firm grasp on what you are responsible for and what the HOA is responsible for.

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.Burden of proof is on the person to PROVE they are not acting as an unlicensed broker.

If your children have money in the bank, college savings funds and other stuff like real estate, those amounts will be added dollar for dollar to the amount FASFA declares as your family contribution.

It's income that you yourself - assuming you're not running the business in a corporation that is its own tax subject - have to declare in your personal tax return.