Richard Heine
Adding person to LLC
10 December 2018 | 7 replies
I would like to add a (grown) family member to the LLC using an amendment.
Andy Mirza
New Ohio requirements for junior note holders
12 April 2019 | 11 replies
Here's the executive summary:Executive Summary.The State of Ohio has enacted amendments to its Residential Mortgage Lending Act (“RMLA”) that significantly impact note investors.
Eric James
Bound to original contract during renegotiation?
29 January 2018 | 18 replies
The typical outcomes are:-Buyer does nothing and contract moves forward-Buyer requests repairs or concessions and both parties execute an amendment-Buyer terminates and earnest money is refundedThe buyer is not required to provide any "proof" for asking for any concessions.
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Proof of funds when making offer to purchase?
11 December 2006 | 4 replies
Unless, of course, the seller agrees to push the closing back with an amendment.
Account Closed
Inspection Amendment / Difficult Seller
6 February 2022 | 6 replies
I haven't heard back yet on the boiler quote, but the one for new roofs came in at $35,000.I put together an amendment to the purchase agreement requesting that the seller provide me a credit for the cost of new roofs, and sent it yesterday for his approval.
Tony Robledo
How to write a lease with utilities included?
15 March 2023 | 11 replies
I’m a first time landlord about to rent out 2 units in Oak Park, IL.I was planning on using the lease agreement template available on Avail, but I have a custom amendment I need to add and I want to make sure it is written well...Because of the layout of the utilities in the building, we have to include major utilities (gas & electric) in the cost of the rent.When I was marketing the property, I updated the listing to show a lower rent, plus the clause about fixed utility cost.
Jeff Ostreim
Depreciation question
29 February 2016 | 19 replies
If you don't capture depreciation, then the only way to get those 10 days would be to adjust and re-file that return later with an amendment.
Anthony Varner
Adding/Removing tenants - lease
26 November 2015 | 7 replies
You need the "Lease Amendment Concerning Tenant Change" form - TAR form 2211, as well as the standard application etc.
Luke H.
Pet Removal Notice Template
29 October 2020 | 14 replies
I plan to remove the pet rent amount, I believe I need to amend the lease to make this official.Can you please share the document that you use so that I can repurpose.
Reginald Marquardt
Bought Building under LLC - Dividing the shares afterwards?
22 November 2013 | 8 replies
The lawyer will more than likely set up a membership purchase agreement, handle any amendments to articles and operating agreements, assignment of interest, and any other items that need to be handled.