For instance if they miss payments, or don't pay the taxes, or let the insurance lapse...Vic

I've tried a well recommend local bank and they are not able to help.1031 45 day period lapses tomorrow. 

Goodness and longsuffering makes for joy, peace, etc.I do not at all concern myself with my kids' momentary emotions but rather with their character and their spirit. 

The next item is lapses in insurance that is owned.

Sorry, that's not the way the world works.If your house burns down, why should it be the mortgage company's responsibility to waive your debt because you elected to allow your homeowner's insurance to lapse?   

Hey @Wayne BrooksActually, this NTQ is for lapse of time and personal use But it sounds like my best course of action is to hang tight?

My reason for the notice to quit was due to lapse of time and for my personal use My question is: the reason for my personal use is I’d like to move in w my girlfriend/fiancé.

That's because there are no tax consequences to the grantor until the option lapses or is exercised.If the option lapses (that is, the holder chooses not to buy the real estate), the grantor has income equal to the amount paid to him or her for the option.If the option is exercised by the holder (that is, the holder buys the real estate), the sale proceeds for purposes of determining the grantor's gain or loss on the sale of the real property includes the amount the grantor received for the option.The grantor's tax deferral can only be achieved if the agreement is a true option. 

I bought a 4 unit zoned as a 4 unit and the building department said they would no longer grandfather in the basement 4th unit since the rental license had lapsed. 

She also allowed utilities to lapse and the house was at risk of freezing.