This phrase is attributed to the Oracle of Delphi and has been widely interpreted and discussed by philosophers throughout history.

Sometimes what the law says and how it is interpreted by overworked magistrates is baffling.

Many title companies will not provide title insurance within the 90 days even if it is sold for less than 120% of the purchase priceThe Fha 90 day anti-flip rule is a restriction on a buyer of a property using an fha loan and is usually interpreted as no contract can be signed within the 90 day period.

Unfortunately not too many buyers or real estate brokers know how to read and interpret them!

Telling that same seller that you will only close if you find a buyer could be interpreted as "acting as a broker without a license.

Originally posted by Jean Bolger:I like Kurt K's suggestion... these numbers would support a price of about 50% of what they're asking.Jean,I am presently looking at two small multifamily buildings (7 & 11 unit respectively) and did the above just this week: verbally told one of the vendors I was having difficulty reconciling the data provided and based on what I see the "business" was worth about 53% of the asking price.I have since been told the accountant will be in touch next week to assist me in interpreting some of the items in the financials.So .. go ahead and tell them what their data is telling you.

If that is, in fact, the case, I would be responsible for paying the difference in the commission rate, since the sales price would be lower than the list price.Am I interpreting this correctly?

Originally posted by @Nicky Reader:The "morality" argument is completely up for interpretation, and I interpret morality much differently.   

I could see just about any tenant using that to their benefit, but obviously it was just confusion on the way I was interpreting it.If that's the case though, why are Landlord's out there charging damages based upon depreciation as described in the first link?

However, I've only seen that interpreted in light of knowledge of the Gospel, not in a literal financial sense.If you have thought through this, or want to, please join in.