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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.
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14 June 2022 | 4 replies
Also, you can't legally sign a new lease agreement without the Tenant's consent.
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27 February 2014 | 13 replies
I agree they should not have touched the plumbing without written consent from you.
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6 July 2014 | 6 replies
A judicial foreclosure in those Canadian provinces which use it, the lender must file a Statement of Claim before the Court of Queen's Bench to obtain consent to proceed with the foreclosure.
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9 December 2013 | 8 replies
or should I also have an affidavit signed and notarized stating he or she can not sell to anyone else without my consent?
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18 March 2016 | 5 replies
I was never informed of this until recently and I don't know how he could have sold my property without my consent but it may have been another scam he could have planned on the potential buyer.Ironically, I got the news of McNutt's arrest from another management company I hired after McNutt and terminated also within a short period of time because they were going out of business without telling me ahead of time.
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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.
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9 May 2013 | 6 replies
You could with consent of the owner, actually having them lease it to them.
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31 March 2016 | 15 replies
The commissioner may obtain an administrative inspection warrant under RSA 595-B if consent of the property owner or the owner's agent for an investigation or inspection is denied.The full laws can be read here...
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2 February 2015 | 8 replies
In order for a sale to truly take place you will need the owner of records consent.