The agreement is contingent upon the buyer securing financing which I was not able to do and have provided a denial letter.The seller is requesting money for damages because the appraisal came in at the purchase price but needed a heat installed in the kitchen which the seller agreed to install (Not in writing).

What you would call a lease, I call a member agreement.

I do accept partial payments with a written agreement only.

., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.

Alternatively, your sibling might use a 1031 exchange to defer taxes by reinvesting in like-kind properties, though this doesn't directly fund a primary residence.Other ideas include leveraging a HELOC on the rental properties for the down payment, taking out a 401(k) loan, structuring an owner-financed agreement, or a lease-to-own arrangement.

Considering where you live and that you have no written lease agreement a lawyer is really needed.

Did you have an agreement in writing signed by both you and the designer regarding payment schedule and purchases?

The lease agreement is quite vague and doesn’t outline responsibilities clearly.

I always just explain nicely that it’s my company policy to deliver the required notice and collect the late fee as per the lease every time rent is late, no matter what, sorry no exceptions for anyone as I treat everyone equally and adhere to the lease agreement that we both signed.

Me and my husband were invested in another property in Florida (not with this builder or broker) through Norada. it was also delayed and passed the agreement completion date.