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9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
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10 January 2025 | 9 replies
There are some legal considerations as well as practical considerations 1.
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17 January 2025 | 3 replies
Owner ended up settling with the tenant, but then we had to threaten to sue our own client to get them to pay our legal fees.- Owner must sign a Hold Harmless to indemnify us against any potential tenant lawsuits relating to the work their contractor is doing.--- Another lawsuit resulted from owner's contractor taking down basement handrail to get supplies down the steps, then they didn't put it back and tenant fell down the stairs.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?
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12 January 2025 | 185 replies
TIAOne can walk away, or file legal actions.
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13 January 2025 | 1 reply
Well anyone can write anything into a contract, but whether it is legal and enforceable is for the courts to decide...It is State law here that a contractor must call 811 or they are liable for the costs.
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16 January 2025 | 8 replies
In case someone has been successful please share the methodology that is legally approved.thanks,Ananth
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13 January 2025 | 4 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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3 February 2025 | 27 replies
Hiring a PM can save you time and headaches by handling tenants, maintenance, and legal stuff.
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14 January 2025 | 8 replies
I think there is value in ADU as long as it is legally done and can be legally rented.On the sale side a benefit can always be an in law suite.
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27 January 2025 | 9 replies
Whatever is closest to "Legal".