Il and Md have either passed laws or they are still in legislation that will require that foreclosure sale are to be ommitted from any real estate appriasal, according to Appraisal Insight, an appraisal site for appraisers.

Laws are passed by legislative bodies.Anyway, shop around with some other lenders.

Ryan:Check your local tenancy legislation, but it is commonly the case that a periodic monthly tenancy (aka month-to-month) is the default lease in effect when there is no written lease.

I have the local knowledge of market, professionals and legislation. 

My Atlanta based CPA is giving a seminar related to this new legislation.  

The location of the property is irrelevant, numerous states have recognized the series LLC as legislative option of an LLC.

Thus, we must look to IRC § 469(g) and legislative history[2] for guidance."

Flip side though, Seattle legislation is getting tighter. 60 day notice of rent increase, limits on how much you can raise before you are required to pay a relocation fee, etc.  

The reasons cited by most people for getting our of the USA are: oppressive Federal legislation, a lack of morality in government, a lack of privacy, racial tensions, bad schools, and usurious taxation.Just thought this would be a good read for everyone....Charles

She said that most of the committee members spent money like drunken sailors and no concern for the future impact of legislation.