
1 November 2014 | 7 replies
If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument.

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.

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.

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.

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.

21 December 2007 | 3 replies
-a signed borrower's consent or authorization that allows you to discuss anything about their mortgage with the bank.

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.

10 January 2015 | 21 replies
The hard rock deal was an equity deal, so deciding between individual ownership, an LLC (as a disregarded entity) or a trust (assuming it is revocable) will not change the way you are taxed.Since it appears you have a revocable trust, that would generally be your best option aside from an LLC with the sole member being the trust.
8 March 2014 | 16 replies
Can the pm evict without my consent?

9 March 2018 | 98 replies
When the "TRUST" department finds you want to self direct, they'll tell you they can't do it, which is true, they can't.If you can find a bank officer to listen to you, tell them you need a business savings and checking account similar to the ones they set up for A-B revocable trusts.