Investment trusts, etc combined with the institutional investors like hedge funds.It affects all investors in that it creates a highly competitive market where cash has become the supreme ruler, not just the king.

But these provisions were declared to be unenforceable by the state Supreme Court in Grafton Partners v.

I think they are taking it to the Supreme Court.My question would be- Once you disclose it what percentage of buyers will be like okay no problem.

Years ago (when I was a landlord) we had a school teacher leave our high end SFH a mess when she left.She sued for the security deposit plus damages of some sort, we took pictures & had the neighbors as witnesses to the damage.She also owed a water bill.The Judge ruled in her favor so I appealed it to the Supreme Court (that was an experience as I did it all myself).

Eventually the state supreme court may reconcile any differences in how the statute is interpreted.If the statute has never been clarified in court (or the specific issue with which you are concerned in that statute has never been clarified in court) then you are flying blind and you hope and pray that a court will agree with your interpretation - IF it ever gets that far....

Women sit on the Supreme Court, etc.

Supreme Court of FloridaNo.

Likewise, the US Supreme Court sets a rebuttable presumption that a note with a maturity over 9 months is a security unless it resembles a type of note that commonly is not considered a security.

Also know as an acceleration clause.A little history lesson…In the old days when banks loaned money and took back a 30-year mortgage that's exactly what you got.It didn’t matter if you sold the property to someone else that loan stuck with the property for 30 years and could be taken over and paid by anyone.Well, in the early 70's banks, lenders, state governments and other interested parties were so upset that they were getting stuck with low interest rates, missing out on taxes, assumption and other sale fees, that lenders started adding due on sale acceleration clause to their contracts.As you can imagine, a lot of borrowers thought this was unfair and brought suit against banks and lenders.Unfortunately around 1979 the United States Supreme Court found in favor of the banks, and today the due on sale -acceleration clause (usually paragraph 17) is found in most if not all conventional mortgages.For years now buyers and sellers have been trying various ways to get around the problem.

Now my clients are realistic to the marketplace so if a great deal is a true 8 cap they aren't wanting a 11 in a supreme location etc.