It happens automatically upon notice being sent.As such, this email will provide you notice that Norada has chosen to exercise its right under the Note §6 to issue equity to you in Norada.

However, if your income can't support the debt of the mortgages plus whatever else you may have (car loan, student loans, etc) then you may NEED that lease signed in order to offset some of the debt.

Keep in mind in the early 80s seller finance was used far more than we do today as you note the carter interest rates were like CC or bad car loan rates..

It happens automatically upon notice being sent.As such, this email will provide you notice that Norada has chosen to exercise its right under the Note §6 to issue equity to you in Norada.

Your estate could still go through probate to determine how the LLC and other assets are distributed.You may be able to record a "transfer on death" deed for your property so it automatically transfers to another person when you die.

My personal bank will finance pretty much anything I want to buy in eastern TN for 10 percent down, but they don't like car loans. ??!!

@Thomas YoungmanToday's edition of the "Expresso" brings an article about automatic tax exemptions for foreigners in Portugal.

So if lots of parking, ideally walking distance to busses or transportation to cut down on cars, you might get away with it (legally).Operationally;  this is a can of worms to manage. 

You haven't seen it, but you know automatically that that you can increase the rent by $25K a year?   

We carry no balances and have no car payments and only one mortgage..