The IL Condo Property Ace is quite clear about the process required in order to amend governing documents, of which rules and regs are one.

AMENDMENT.

If I do that, do I need to have her amend the contract in some way?

Basically, the SEC has been talking about amending the definition of an accredited investor for years...as long as I can remember.

Consider the risk/benefit of this.Be sure they are responsible pet owners and create a Pet Agreement that covers their responsibilities.Here's ours:PET AGREEMENT(Addendum to Rental Agreement)The Month-To-Month Rental Agreement (the “Agreement”) dated_______________________ between __________________________________________________________________________, as Landlord and ________________________________________________________________________, as Tenant of real property located at _______________________________________________________, is hereby amended to include the following terms and conditions: The rental agreement specifically prohibits keeping pets and animals without Landlord permission; Tenant agrees to follow these terms and conditions in exchange for permission to keep a specific pet:Condition for keeping a pet:Tenant agrees to pay additional rent of _____________ per month for the privilege of keeping this pet.Tenant agrees to pay additional security deposit of ______________ for the privilege of keeping this pet.Name of pet: ___________________________________________________________________Description of pet: ________________________________________________________________________________________________________________________ (type, breed, color, age)Veterinarian: __________________________________________________________________Emergency Caretaker: ___________________________________________________________Tenant agrees to:1.

I was feeling like perhaps this was a common addendum/amendment I simply wasn’t familiar with yet, very much appreciate your feedback.

So I would go back and amend prior year taxes to capture depreciation.

@Hemender Devangan You can mitigate this issue by filing Form 3115 since you are out-of-scope for amended tax returns.

I would like to repost it on craigs with a price decrease, and maybe here on bigger pockets, but I just wanted to see if the mls error could be amended...

You can go and amend your last 2 years of tax returns to married filing separately and pay the fines and penalties for that.But then you can apply without any of the stuff just in his name showing up.Always remember when applying for a mortgage the quality of the collateral, the actual quality of the borrower and your actual ability to pay back the loan are all far less important than the loan officer and underwriter being able to check off the boxes people like the most on a bunch of forms that will go in a file never to be seen again.