Dean West
Property Manager Raising Management Fees
28 June 2020 | 6 replies
In OR, 8% is standard for market-rate (for now), however, LIH props with more compliance paperwork is 13%.None of that justifies a one-sided increase without your knowledge/consent however.
Mike Hendrickson
Squashing the "Wholesaling is illegal/legal" argument!!!
30 January 2019 | 94 replies
The rule of Free Market is that anyone can offer anything for what they wish and buy for what one wants, as long as both consent to transaction.
Daria B.
Due On Sale - Estate Planning
8 October 2016 | 16 replies
It's a good thing when notes are sold the new note holder has to abide by the original terms.It reads as so:If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument.
Garrett Pressick
Landlord access to show unit to potential new tenant
5 January 2016 | 6 replies
Except in an emergency, we shall give you at least one (1) day notice before we enter the Premises, and shall not enter the Premises unless you are present or you have consented to our entry, which consents shall not be unreasonably withheld.
Ryan H.
Broker Agreement / Dual Agency
31 July 2019 | 6 replies
We also have an "Advanced consent" meaning you know that up front and I can then take you into a house by someone else in my office.
Shiloh Lundahl
Seller Financing in Burbank, CA and should I add central air?
11 May 2019 | 17 replies
The due-on clause is called an alienation clause, and the call is referred to as an acceleration of the note balance.The due-on clause is triggered by: any conveyance of ownership, including land sales contracts; origination (except home equity loans) or foreclosure of junior trust deeds on the property; or the creation of a lease for more than three years, or any lease with an option to buy. [12 Code of Federal Regulations §591.2(b)]The carryback AITD transaction, of course, involves both a sale (the grant deed) and a further encumbrance (the trust deed).Thus, an AITD transaction triggers the due-on clause in any underlying trust deed, allowing the lender to: call or recast the loan unless written consent to the sale has been given; or fail to act on the right to call after notice of the transaction, called a waiver.Thus, when current market interest rates are high and the AITD is most beneficial to both the buyer and the seller, a senior trust deed lender is likely to call the underlying loan due on the sale.
Mark Miller
What tenant/other information do I require after PMA termination?
14 June 2022 | 4 replies
Also, you can't legally sign a new lease agreement without the Tenant's consent.
Trent Egenlauf
How to run background checks on tenants?
10 September 2019 | 3 replies
@Trent Egenlauf The first thing you will want to do to run background checks on potential renters, have them fill out and sign a rental application giving you consent as well as their personal information to run the check on them.
Simon Qu
tax deed with a mortage California question
17 March 2016 | 3 replies
There are other types of liens/encumbrances that could/would still remain on the property, such as IRS liens, liens for special assessments from any taxing agency that doesn't consent to the sale, unpaid Mello-Roos taxes, etc.
Jordan Schneider
Getting Licensed in Kentucky (Also Licensed in NY)
21 October 2016 | 2 replies
no you do not have to be a resident but you must sign a If the applicant is not a Kentucky resident, form #407 “Consent to Service of Jurisdiction” must be attached. ** i had to sign a the same form for California even though I am a Nevada Resident,buy the way the requirements seem to be very lenient for a license