In addition, if the proposed instrument of conveyance is to be executed by an officer other than a Vice President, Chief Executive Officer, or President, a certified resolution authorizing said officer to execute on behalf of grantor must be recorded.

And the owner of the property prior to selling to the Japanese paid 1 mil to the Resolution trust to release the participation aspect of this mortgage then promptly sold it to the Japanese company ( Owner of SEga Systems) for 110 million and kept all the up side.

More than adequate liability insurance is the 'advised' norm but the latter will not cover illegal action, the pursuit of voracious creditors or the many exclusions including ingesting Lead paint.We also record & file weekly minutes, as well as all resolutions regarding any new acquisition/dispositions etc

If there is a clear understanding between all parties of what is expected and what the consequences are when breaching contract then this provides a few good things:It prevents you from entering a deal with potential problems.It helps point out who is to blame in a dispute.

He is also supposedly building a house, but I can find no record of him owning a lot and his builder tells me he's in some sort of legal dispute with the seller of a lot.

Too many IRS reporting regs and come time to forclose and the borrower disputes your record keeping....good luck post DF!

So let's re-frame this information into your 2014 new year's resolutions.

After that you can dispute it and it will get removed.

People shot over a real estate dispute (or probably more likely, the frustration caused by the disputes..)I heard something the other day about treating other well.. even under a bad situation..Everyone you meet is fighting their own war you are not aware of, so be nice..

(Hope that didn’t sound too much like a New Years Resolution..