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13 July 2009 | 16 replies
Here you go:The sales contract or agreement, lease or option, or rental of real estate by an unlicensed owner of real estate who owns any interest in the real estate if the interest being sold, leased, or rented is identical to the owner's legal interest" If a person signs a sales agreement then he/she has a type of equity ownership according to blacks law dictionary it is a form of doctoring that allows or grants a person the intended purchaser the right to hold a part of the realty in which you have bargained as a position in equity same as a realtor when they bargain or establish the commission structure however possession by true simple fee interest must be met by state conveyance laws the possession stops you from taking possession until a true passing of clear title occurs.
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2 June 2008 | 5 replies
I'm concerned still though because the effective date of the title insurance shows as the date when the previous owner (bank) took possession, hopefully they will change this or explain to me at closing.
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2 June 2008 | 4 replies
You really need to check local LL/Tenant laws...you may have an out since he really didn't give you "possession" as you have no key and the space isn't ready.Consider this a lesson for future reference.
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9 February 2008 | 6 replies
[b]At the eviction (TX), the person who foreclosed can indeed place the former owner's possessions on the curb.
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9 February 2008 | 5 replies
Title issues, financing issues, tenant issues, inspections, possession dates, pro rate dates, personal property, how is condition of property at time of possession.. broom clean?
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18 October 2014 | 3 replies
They don't pay, evict.Your title says co-signer; a co-signor or endorser is not a co-tenant, they have no rights to possession but only guarantee the financial obligation created.
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23 June 2014 | 9 replies
Here are some more details:Seller (Tenant) Temp Resi Lease Terms: Lease commence on closing date and terminates 48 hours later Tenant pay $0 (Zero) as rental for 48 hours with $0 Deposit with all utilities paid by tenant Tenant pay $42/per day during the possession after the termination of the leaseBuyer (Landlord) Intention Since, it's a summer time, I (Buyer/Landlord) would prefer seller (tenant) to vacate as early as possible so I can put it for regular rent Is it reasonable to offer 48 hours for FREE without ANY rental/deposit?
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27 February 2014 | 13 replies
If they lose the eviction process which they might do on their own, they will be told to go to foreclosure at which point they will need the attorney they say they can't afford.I'd not call this an installment sale that could be in violation of law, but rather a sale contract with possession prior to closing, which can be terminated.Can't read the contract, but I assume since a Realtor was involved it's a standard PA with prior possession and rent amounts, that can be terminated. :)
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25 March 2014 | 24 replies
You can have a really poorly written agreement but the buyer is in possession with a tenant, that should show any judge there was an intent to sell.
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26 September 2014 | 9 replies
I think there are two separate issues:1) Getting possession back, with little or no damage, in the shortest time, in order to get rent ready before the holidays, when people prefer to not be relocating.