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?

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.

Unfortunately this debate can't be accurately debated unless you have seen if the specific LoI meets the requirements for a binding bilateral contract.

The tenant-buyer would obtain traditional financing from a bank.Lease-purchase: A bilateral (two-way) agreement.

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.

I will discuss it with attorney about whether is unilaterally or bilaterally.

Any clause can be unilateral or bilateral dictating who controls to decision process.

It IS generally customary and acceptable, with proper written notice, to change where a payment is to be sent, and update management contact info, but in order to change "material" terms such as method of payment, or amount of late fee, or virtually anything else specified in the original, you need to bilaterally agree to, and sign, a new agreement.

I would like a bi-lateral exchange of information.Any software out there that can do this?

Based only on the info you provided, sure it's legal...you have a bi-lateral contract which you are uni-laterally asking to cancel.