Exercising may cost a little money, but it places you in a much safer position.

I have done transactional funding - but I still underwrite the deal as if they would keep it on the off chance they can’t get the end buyer to exercise and actually close.

From the decision: "Courts must exercise their independent judgment in deciding whether an agency has acted within its statutory authority. " More specifically, on June 28, 2024, the Supreme Court overruled the previous Chevron framework in the Loper decision (H.K.

So it becomes a quick - back of the napkin exercise as you look at properties wherever you find them. 

I do not know how close your friendship is, but I would advise you to exercise extreme caution.

This scenario seems to give the buyer what they want, and unless the land contract forbids subleasing, it works well with the existing land contract in place.If and when you exercise the option, the buyer (who will actually be the owner at that time) still prefers an installment sale for tax purposes, that can be done.

Unfortunately, we have had to exercise the provision ourselves a couple of times over the last year.

So, maybe you had a bond paying 12% interest when inflation was high but now rates for a similarly rated bond are 6% so they exercise the call option and pay off the bond holders who now have to go out and reinvest that money at prevailing rates (e.g. 6%).  

When I exercised my rights under the JV agreement to cancel, have my principle returned, along with interest owed me, it started out with radio silence, then turned to downright lies. 

I chose 21222 for this exercise.