The two referees shall, within 10 days after the then holder of the legal title has appointed his or her referee, meet and confer upon the award to be made by them.

I personally think it's a smarter model than the big box right now, but you will get more real life training at a big box.Actually Jonathan, my goal is to offer agents the ability to be an agent-owner of their brokerage by receiving stock awards, and the opportunity for monthly passive income streams that sure help you to 'get buy' in a down market when commissions aren't coming in. 

I want them to see what it looks like to take a shot and they've got to see me speak on TV & stage, win awards & praise and they've seen me come home of stories of dead bats falling out of ceilings, cleaning up dog crap in dark basement corners, sucking out water from flooded basements for hours, bloodied, bruised, ect. ect. ect. and now be served with papers. 

Unless there is significant equity in the property 50% LTV may not be enough to payoff the current underlying mortgage.Now here are the exceptions to lift the COB 50% limited LTV restriction:- you inherit the property and it was transferred into your name either via legal award from a domestic partnership/marriage - you have been on title for 24 + months- you took title to the property that was transferred from a partnership or partnership like entity (LLC, LP, etc) that you can document the ownership of 25% or more in- you lived in the property and have been on title for atleast 12 months as a primary residence- you have paid the mortgage for atleast 12 months - or you can demonstrate a relationship with the obligator (domestic partner, relative, family member, etc. )If you qualify for one of the exceptions you are not limited to the 50% max LTV  when considering fannie/freddie conventional cash out refinances on a subject to transaction.

It also allows me to communicate with contractors, solicit and award bids from within the tool and keep my projects on time, within budget and organized.

We self-manage, and are 7 year superhosts on the Airbnb platform, and all 3 of our properties also received the "Guest Favorite Award" on Airbnb.  

If you went to court you would be awarded money for their gossip that you'd likely never collect and you would be SPENDING MONEY to have a lawyer draft a NDA and to take them to court.

I guess had he still lived there, Form 4797 would have been the proper choice.Thank you for awarding me the "knows his stuff" compliment. :)You're exactly right.

@Andrew Postell deserves some sort of award from Bigger Pockets for this thread (e.g. a "knighting" ceremony officiated by @Brandon Turner).

And than there is other iterations, for example on various land deals bought subject-to a zoning or other variance being awarded.