There is language in the lease saying that if we move out before July 23rd we forfeit the deposit and are subject to "recovery by the landlord of other damages allowable by law".

Don't worry about the trust and custodian language - basically they have multiple funds they manage for investors and they separate the servicer (Investa Services) from the lien owner (various trusts).   

I asked how he wanted to structure late fees since there was no language in the contract about that (newbie mistake big time!!).

Looking for advice on how landlords handle pests and rodents in lease agreements. How do you structure your leases regarding tenant - landlord responsibilities?  As a landlord, how specific do you get and at what poin...

I do have a contract which states 1/2 to begin job and 1/2 on completion of the job.I would appreciate any thoughts you have on this situation and how you have handled similar issues in the past.Thank so much April  If you have a contract in place, then I think you should gently push back on all of his extra requests and reference the language in the contract when doing so.

You're focusing on the language around the word "intent" - an interesting angle, possibly not without merit.

Lastly, I take issue with the "All LPs must participate language" which is likely incorrect but I recommend reviewing the PPMs with an attorney. 

Along with the same client is building a small resort on one of the Islands. to me the pros are things are based on english law and english is the language of the country.for us where at our age health care is important I would not choose to live there as an x pat.

Some leases use slightly different language saying these items are "payable BEFORE rent" meaning that whatever money you receive pays those items FIRST leaving unpaid rent leftover.

Ask to see a copy of the lease and look for the length of lease, current rent amount, tenant obligations like paying for utilities and adhering to house rules and look for Landlord obligations like things the landlord may currently being paying for (like trash and water)Make sure to have an assignment of the lease and clear language on the security deposit WITH interest shall be transferred to the new owner at settlement.Consider tenant quality - what’s their payment history looked like, obtain rent receipts or bank statements from the seller to review on-time payment history.