I finally found an attorney in DC working for the federal government, who told me that he was in charge of interpreting that part of the law.

Do you know how this likely to be interpreted by a lender?

You are right on with how you interpreted what I'm trying to accomplish.

LAZY is open to interpretation.

At the state court level this usually means one county (or a few counties) interpret the statute in one way and another county (or a collection of a few counties) interprets the statute in another way.

If that license has lapsed or was never applied for they are no longer legal units and it's a 2-3 month process to get them reinstated (if the city allows them).....the process here involves a property card interpretation by the city to see if they were legal to begin with and an inspection by the building dept to make sure they meet current code.

Lots of people, known to me and not known to me, have arrived at the same interpretations.

Banks create guidelines and overlays that help interpret these types of transactions that come through their pipeline in hundreds of thousands.

I agree that the RLTO says written notice and nothing more, but often times how that language has been interpreted by courts can be more complex than meets the eye, and they might require proof that the letter was delivered.

However, there is one clause in the contract agreement that I'm not sure about.It says:"If any action is commenced at law, equity or through arbitration (including an action for declaratory relief) to enforce or interpret the provisions of this agreement.