However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument.If Lender exercises this option, Lender shall give Borrower notice of acceleration.

This gives you control should you exercise the option.

If you are bold enough to exercise some leadership to resolve the issue, you will naturally capture higher appraisal values as a reward.Often neighbors wait for someone else to solve problems that burden their property values.

Traditionally the only rights of possession that a lienholder could exercise was the right to petition a court to appoint a receiver to collect rents and pay them to the lienholder. 

So for the purpose of this exercise I'll be looking for 3 - 5 bedroom homes with a minimum 2 full bathrooms and at least 1,200 square feet of livable space.

If the bank exercises the due on sale and the loan isn’t paid off their only real option is to foreclose.

I am trying to go through a shoulda coulda woulda exercise regarding 2006, so I can make better decisions in the future.Here is my shoulda coulda woulda: I sold a condo at the top of the bubble, tried and failed to do a 1031 exchange (failed meaning I didn't find a good deal to buy - I did NOT want to just buy any property).

If it works out after 3 months etc. then exercise the purchase option.

Three years is a good amount of time for a tenant buyer to get their finances and credit in order to exercise a lease option saving me around 6-7% in closing costs. 4.

Two and Three have to exercise after receiving notice, what happens if both Two and Three want to exercise, and what happens if Two and Three don't exercise.