I want to make sure we have the same interpretation of what A/B class is. 

Built in the colonial style with a modern interpretation, you will find everything you need to raise your kids or retire in comfort.

Built in the colonial style with a modern interpretation, you will find everything you need to raise your kids or retire in comfort.

Built in the colonial style with a modern interpretation, you will find everything you need to raise your kids or retire in comfort.

I interpret that to be a bank that does business in Florida.

Because the PPM was not explicit in how the distribution was going to be prepared and account for when funds were received, I made a judgement based on what I believed was a substantial interpretation.

Of course it's important to get their interpretation, though I don't necessarily believe it's in my best interest to rely on their answers alone.

If it is a Fannie loan, here is Fannie Mae's own guidance to the loan servicers, basically the official Fannie Mae interpretation of Fannie Mae paperwork (look on bottom corner of that deed of trust, confirm that the words "FNMA" or "Fannie Mae" appear): https://www.biggerpockets.com/forums/49/topics/610831-oh-yeah-the-due-on-sale-clause-is-now-llc-friendly-sometimesAs always a judge can come in and say whatever she wants.

Even if as a broker owner if I call the real estate commission they will just say to anything questionable "NO" you can't do it.Flipping short sales isn't the hard part.Being ABOVE BOARD flipping short sales and fully disclosing to all parties is.Once investors see what they will have to do to be compliant and it makes deals harder to close many will try to cheat the system or bend the rules.When you bend the rules you ride the line and open yourself up to interpretation of the law of what is correct and not correct.Whether it be an agent or investor when they are starving for cash many will choose to play with fire to make money.

of situations that can arise during the purchase/sale of real estate, and any situations that are not directly addressed in the contract are going to be open to interpretation by the parties involved.