Same document sheds light on your other thread in re:"In dealing with the buyer, a seller's agent should (a) exercise reasonable skill and care in performance of the agent's duties; (b) deal honestly, fairly and in good faith; and (c) disclose all facts known to the agent materially affecting the value or desirability of the property, except as otherwise provided by law."

Unfortunately - for lack of historical perspective - since LLCs shave been around, interest rates have been going down; if this situation changes, lenders may start exercising the wording in the contracts.

Otherwise, I need to exercise what is in my right to protect my business."

Most banks will not exercise this right if the payments are made current and continue to be paid on time.

I will run through the exercise when I get back to a computer so I can give it ALL of my attention.

Yes, the 20% the buyers put down would be applied to the purchase when they exercise their option.

It's made to be affordable and accessible for anyone to exercise their constitutional rights without having to hire an attorney.

@Chuck KautzHey Chuck,I like your idea of getting your daughter involved.As a father of 2 kids that went to college I think this is a great time to expose your child to what the whole process involves from purchase to rehab to managing this property.Your child will get so much real world experience out of the process I hate to say but this exercise my have more of an impact on her life then the BA has!

Will this be an exercise in futility?

Have you ever exercised before?