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Results (2,777+)
Spenser Harding Buying an occupied SFR: Potential Red Flags?
25 September 2014 | 4 replies
Obtaining copies of the application and background checks may require the tenants consent - here in Canada, it would be a violation of federal privacy law for the Vendor to simply had them over.One thing Kevin omitted, and why you need the leases before the end of your diligence period, is to prepare an estoppel certificate for each tenant using the information obtained from the lease, then meet with the tenant to affirm the information and to discover any other material facts (i.e. side agreements, pets unknown to Vendor, etc) and have the tenant sign the estoppel.  
Brandon M. Occupied or vacant?
26 September 2014 | 2 replies
If the building has vacant units when we submit an offer, we typically request the Vendor allow us to "assist" with filling it (that way we screen any candidates).We review the Vendors application process and screening practices and often will request to re-screen the tenants - we normally solicit consent while pursuing tenant estoppel certificates.  
Michael Moikeha Owner Carry into Wrap Mortgage
4 October 2014 | 2 replies
To do a wrap and sell again you'd need the original lender's consent, not likely in your example.Buy it with a 5 year balloon, you could lease it, you could give an option to buy but don't finance the option contract and charge close to market rents without any rent credits applied, is my suggestion.   
Nathan Astrup Setting up a LLC, first purchase. Newbie questions.
14 October 2014 | 7 replies
Regarding your second question about transferring title later, you will need Lender consent to do it, which they may or may not give, and you will incur various recording and transfer taxes, if applicable in your state. 
Erv Warner Short Sale question
21 December 2007 | 3 replies
-a signed borrower's consent or authorization that allows you to discuss anything about their mortgage with the bank.
Mariah Jeffery Tenant being evicted, utilites reverted to my name. Can I shut off?
22 February 2014 | 20 replies
Step one would be to investigate this with the utility companies themselves and state that you gave no consent for utilities to revert to your name.
Chad Wallace Disagreement with my Property Manager
8 March 2014 | 16 replies
Can the pm evict without my consent?
Joe Kato Have tenant to rent out garage... any suggestions for a lease?
10 March 2014 | 2 replies
Lessee may not make any alterations to the premises without the written consent of the owner.
Mina G. Tenant paying rent late almost every month now no payment
23 March 2014 | 13 replies
In some states as long as one party to the call consents it can be recorded legally, in some states all parties must consent for it to be legal.
Katharine Chartrand Financing Property Owned by My LLC
7 June 2014 | 3 replies
You'd be advised to ask for written consent...3.