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11 June 2024 | 18 replies
I've had to pay for some insurance premiums and some late penalties on property taxes but i can say, I've never been successfully sued in 15 years, because our process is well documented and its not a pattern or pervasive or malicious in intent (Some elements needed to sue in my opinion) if we make a mistake and, I've always made the borrower whole.
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11 June 2024 | 0 replies
A non-disclosure agreement (NDA) is an agreement document that creates a confidential relationship between parties who will be exchanging confidential information.
11 June 2024 | 7 replies
What sort of additional documents can I request?
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11 June 2024 | 9 replies
Im going to buy my parents apt, we have most of the details worked out but im not sure who i speak to to create the actual document.
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11 June 2024 | 11 replies
@Tina Chau Hey Tina, mortgages are recorded and public record most of the time, you can access this info at the county clerk website where you can sort by document type (mortgage) and see the amount taken out.
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10 June 2024 | 5 replies
I am being told in a specific instance that copies of leases are not provided to owners because the legal binding agreement is between the property manager and the resident.In this case, I would have zero visibility on the nature of the lease terms, as well as who is responsible for certain costs borne (utilities, etc)If this exclusion to owners is allowed, what is required in terms of document retention in the case of termination of relationship?
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11 June 2024 | 6 replies
Can the anonymity not be at risk if the company designates its attorney to sign the mortgage documents on behalf of the company so it will be client-attorney privilege?
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10 June 2024 | 10 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
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11 June 2024 | 5 replies
Use an attorney to draft up your legal loan documents and ensure it's safely secured against the property as a deed or mortgage.
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11 June 2024 | 0 replies
It involves thorough evaluation and research of a business in great detail, understanding the client’s commercial objectives, analyzing industry documents, and identifying key business issues before a deal is made.One of the first steps and key considerations in due diligence is to gather information about your client and their counterpart.