If you have a Buyer Broker Agreement in place with your agent, it may include the language that says all inquiries go through the agent, as well as what amount of compensation is due to them with any purchase you make as their client.

This is generally due to the fact that this is how the American housing giants – Fannie Mae and Freddie Mac – government-sponsored agencies, separate their loan programs.Note that this is another example of where real estate “lingo” doesn’t always match with the standard English Language!

@Sayli MulayMake sure title company properly titles the deed and connect with your custodian in advance for proper language requiredThese get delayed all the time because of improper language

If you sell an Option, you would not have debt payments, but they may want to exercise the Option right away, so you meed to think about the language you put in it.Example. 

I wound up coming up with standardized language to put into the lease (which originally just said that service animals would be permitted according to law).

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.

I'm a man at 30 years of age,  current living in the Greve area, a bit outside of CopenhagenI am looking to make a team in which we all win:It would be cool if is was men/women from Denmark, as it would make the laws/language easier for us allHere is some of my thoughts:- Help each other- Get started with rental property (together or separate)- Technical/document/assesments help etc.- Maybe a once a month get together or zoom call - or maybe much moreThe ultimate goal is to become financially free/generational wealth - for everybody in the teamThank you for reading Leave a message if interested

@Ketan Parekh you can find an experienced attorney to add language to your Lease that puts a lot of the requirement to avoid mold on the tenant.

I also like to purchase options.I'm just confused by your language of wrap around and down payment in addition to option fee.  

Note that this is another example of where real estate “lingo” doesn’t always match with the standard English Language!