Since when does having to take a loss on a loan constitute winning?

If that is the case, using 401k to buy this would constitute a prohibited transaction.

According to my HELOC note agreement additional advances can be denied or amount of credit line can be reduced in following cases:1) Value of secured property declines significantly2) There is a reasonable believe that borrower won't be able to fulfill repayment obligations3) Maximum APR reached4) When a government body decides that taking addition advances constitutes unsafe banking practice+ 3 other minor clausesFew people I personally know have HELOCs open with pretty much the same terms.The most risky part (at least in my HELOC note agreement) is the following: if any time unpaid balance on the account exceeds amount of credit limit then the excess becomes due immediately.

Germain Act.TheGarn–St Germain Act is a federal law that allows lenders to enterinto or enforce contracts, including mortgage agreements, thatcontain due-on-sale clauses even if a state’s constitution or laws,including their judicial decisions, prohibit them.

The zoning definition for what constitutes a "single family" then comes into play, and it will often have a limit on how many unrelated persons may occupy a single family unit.

If you've ever taken a high school civics class you may be wondering, "wait, how the hell is that Constitutional?"

This disclosure does not act as or constitute a waiver, disclaimer or limitation of liability.Now this is mostly used when a realtor is helping a client filling it out but may also cover the case when a Spanish speaking paralegal may be helping a Spanish speaking applicant. 

Fact of the matter is, any advice you give which has a legally operative effect is legal advice, and legal ethics opinions are quite clear on this matter.I have given you considerable guidance on where you can look to determine whether or not what you are doing constitutes legal advice.

Of course, if she moves, the rent for the entire month of June can be charged against her security deposit and, if your lease is clear about what constitutes proper notice, the other month could probably be charged (that will be dependent upon Florida law).

I actually have a portion in my rental agreement as to what constitutes an "emergency" & how those & other "non-emergency" repairs will be handled, by whom & when.