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23 June 2008 | 7 replies
If Lessor’s right to re-entry is exercised following abandonment of the premises by Lessee, then Lessor may consider any personal property belonging to Lessee and left on the premises to also have been abandoned, in which case Lessor may dispose of all such personal property in any manner Lessor shall deem proper and is hereby relieved of all liability for doing so.
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9 July 2008 | 23 replies
If you also buy at a good discount, you should be in a position to sell the house quickly or refinance if they did somehow exercise the due on sale.
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22 July 2008 | 3 replies
I am in need of a lease to purchase contract that I was hoping someone would be able to e-mail me and let me use/modify theirs.....I have a tenant who is in a property of mine & wants to buy in about a year or two...I would like to give her an option to buy it, but she has to wait AT least a year....but I would like to be able to allow her to exercise heroption at any time after that year....Would someone have something that I could use (preferably for free)...that way I could modify it to suit what I need???
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23 July 2008 | 19 replies
I think this may just be one of those houses that are just an exercise in learning, which is fine.
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29 July 2008 | 15 replies
From what I have read and heard the seller can still actively market the property to other buyers until you exercise your option.
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9 August 2008 | 4 replies
You are also exposed to the due on sale clause which I know people say is never exercised by lenders but I know first hand that that is not true.
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14 August 2008 | 2 replies
If the tenant stays then that will have to be worked out in the deal.Once you get the prospective buyer, you can discuss the length of the exercise period and the exercise price.
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26 August 2008 | 6 replies
When the end buyer wants to exercise their option, you exercise yours too.
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26 August 2008 | 7 replies
But, you will ikely have this happen, if not before he moves in, then after a few years when something happens and he decides not to exercise the option to buy.
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28 September 2008 | 7 replies
You are looking for a win-win relationship, not just a futile arithmetic exercise based on splits of mythical commissions that haven't been earned.Only in real estate do complete beginners walk into job interviews armed to the teeth with "what's in it for me" questions for their employer.