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14 November 2014 | 1 reply
The Title company can only do exactly what the contract states so if you make a mistake it's up to you to fix with a contract amendment.
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11 April 2014 | 4 replies
So, if the lease is still young, you might consider amending the lease to include the utilities as part of their rent payment.
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30 May 2014 | 18 replies
@Karen Margrave @Josh RichIf this is a close friend nothing .. otherwise I would recommend you and your partner are equal members of the LLC.. and just write out your business deal in an amendment to the operating agreement. the great part of an LLC is you can have unequal profit distributions.If you have your partner own the property in HIS LLC and have no recorded collateral your giving an unsecured loan.If you buy the property in an LLC with you and your partners as owner members then you have some ownership interest to secure your investment.
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17 April 2014 | 25 replies
I will work on amending that out of the lease.For the record, the tenant arranges the deposit, not me.
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31 March 2014 | 2 replies
If there is such language they you either have to amend the contract or do a double close.
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3 February 2014 | 22 replies
On REOs, there's only been one time that a seller/bank refused to pay us our commission because we were representing ourselves as buyers (and they pretty much "tricked" us by including the clause in another amendment, hoping we wouldn't see it).
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5 March 2012 | 22 replies
I guess I need to amend the lease agreement.
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7 March 2019 | 10 replies
You will eventually be stuck with a lien from unknown bills.In my opinion with a single family, either keep it in the owners name and send them a copy of the bill each month and deal w/eviction if they don't pay it per the lease; or amend the lease and suck it up to pay the flat fee each month if they are a responsible tenant w/good on-time payment history.
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2 January 2020 | 2 replies
Even if Japanese operator sold off you might still have kept him on the hook for the lease and might of helped with an early termination fee to get another tenant in where the costs of lost rents, tenant improvements, attorney legal fees, and any leasing commissions were covered.At this point you really have to look at what does the lease and all amendments say to see what options are available.
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11 August 2017 | 7 replies
If you don't want the stuff there then you can amend the lease and if they don't follow those terms then you can have them evicted.