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3 March 2015 | 11 replies
The lender, if any, must give consent.
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21 March 2015 | 3 replies
The borrower(s) may have initially purchased the property as one of the following: a natural person; an eligible inter vivos revocable trust, when the borrower is both the individual establishing the trust and the beneficiary of the trust; an eligible land trust when the borrower is the beneficiary of the land trust; or an LLC or partnership in which the borrower(s) have an individual or joint ownership of 100% The original purchase transaction is documented by a HUD-1 Settlement Statement, which confirms that no mortgage financing was used to obtain the subject property.
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27 September 2013 | 9 replies
Otherwise, the agreement can be immediately voided and any persons at the property evicted and trespassing charges filed.If the seller of the property you are considering purchasing gets an attorney involved, most likely the agreement will contain the language prohibiting you from leasing or selling the property in any manner without the consent and approval of the seller.Put yourself in the shoes of the seller.
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6 February 2024 | 108 replies
That's my understanding.Having said that, I invest through a revocable living trust so that all the asset is under a living trust.
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29 October 2015 | 21 replies
This can get into SEC requirements and you'll often find that they may have a solution to defaults or demands for capital by substituting notes or collateral, this gets pretty much a scam as no note is identical to another, substitution with consent is one thing, substitution at the option of a lender/broker with a note holder or investor should not be agreed to.
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22 September 2012 | 30 replies
You can do this by filing for automatic IRS consent via IRS Form 3115 - Application for Change in Accounting Method.
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7 April 2022 | 2 replies
I was able to get a hold of one of the agents, henceforth referred to as Agent A, who, after some back and forth, succeeded in correcting the mistake, retroactively crediting my principal with what it would have been had Dominion taken my payments as instructed to begin with.After this, and without my consent, Dominion suddenly transferred my loan to another lender.
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12 March 2022 | 11 replies
I was able to get a hold of one of the agents, henceforth referred to as Agent A, who, after some back and forth, succeeded in correcting the mistake, retroactively crediting my principal with what it would have been had Dominion taken my payments as instructed to begin with.After this, and without my consent, Dominion suddenly transferred my loan to another lender.
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21 September 2017 | 6 replies
@Phil Yan, Your trust is a disregarded entity as long as it is a revocable living trust that does not file a tax return.
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20 December 2013 | 14 replies
We did have one landlord with whom we executed a "Consent to Sublet" agreement whenever there would be a change in employees in residence.