Lydia S.
Brother and sister on Deed
2 March 2016 | 14 replies
Just that they arrive at a bilateral agreement on their own?
Malcolm Brown
Lease purchase vs assignment of sellers financing
26 April 2016 | 11 replies
We have "unilateral" and bi-lateral" contracts.
Arianne L.
International lending - tax and legal implications
18 April 2016 | 4 replies
If in name of an entity, there are additional filing documents with the Secretary of State where the entity shall be opened (entity method is best to work with a qualified attorney with international clientele knowledge)(2) Anti-Money Laundering: This is a check that many a banks do and one would have to manage appropriate documentation for both inbound and outbound funds.(3) Taxation: This varies based on bi-lateral treaty with the US for each country of citizenship and residency, but you have the general rule of thumb identified in your point (1).(4) If it is perceived as a capital raise in the US (whether from domestic or international sources), then the SEC items matter and a qualified professional can guide you through that.(5) Depending on the amounts of money, that is being lent and the types of loans, you can be perceived as a financial lender, so a lending licensing may be a requirement in each state.
Mark Miles
real estate agent's response to inspection
14 October 2019 | 17 replies
The inspection contingency is unilateral, not bilateral.
Corey Huston
Help with doing a JV wholesale deal
30 October 2019 | 8 replies
If it is done right, and you have an established bilateral contract between you and the seller that stipulates that you are acquiring equitable interest and also need to prove that you have intent to purchase.
Brian Brusich
Liability for steep stairs
19 October 2022 | 3 replies
I am looking into buying a property but it has one of those old steep staircases circa 1890sIf I carpet the stairs and put up bilateral rails am I still on the hook for personal injury if it occurs?
Mark Tabah
New OOS Owner - I Think I Need to Fire my Property Manager?
24 December 2019 | 29 replies
As for the keys, it's part of our onboarding process to ask who has them, and only after all documents are signed do we reach out to that party and arrange for pickup/delivery.I'm in Ohio, not Indiana, so things may be different there but the core concept of a management agreement seems pretty universal - a BILATERAL contract that outlines both owner's and PM's expectations and duties and gives management authority to the PM to do its job.
David Fritch
How ironclad is a letter of intent?
16 April 2017 | 51 replies
Unfortunately this debate can't be accurately debated unless you have seen if the specific LoI meets the requirements for a binding bilateral contract.
Don Spafford
Rent to own vs Lease Option vs Land Sale Contract
6 October 2017 | 2 replies
The tenant-buyer would obtain traditional financing from a bank.Lease-purchase: A bilateral (two-way) agreement.
Jason Lee Mathis
I work for Uber and am looking for a mortgage in another state.
18 January 2021 | 5 replies
It's a bilateral move, but they aren't sure if the banks will need 3-6 months of working in Michigan or they might possibly can use my income.