13 November 2018 | 2 replies
Can anyone provide model language they may have used in a prenup for themselves to best protect their business assets, both currently and going forward.
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16 November 2018 | 56 replies
I currently have language that states the appliances are provided "as is", but it doesn't go into detail on who is responsible for care and maintenance like your language does.
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14 November 2018 | 3 replies
(Sorry for my spelling english is my second language lol)
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16 November 2018 | 3 replies
If they do, then to close on time you and the seller are very quickly going to have to agree to whatever the lender wants in exchange for being willing to doing an escrow holdback at all, which fancy language aside is basically ransom money in an amount greater than the estimated completion cost, to be released once it's complete (ransoms only work if the thing held ransom is worth more than the thing you want).
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17 November 2018 | 10 replies
These are where you will learn the language and find all of the "team" members you need.2.
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21 November 2018 | 39 replies
I am not seeing any language mentioning this.
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17 November 2018 | 4 replies
Issues with Assigning a RE Contract (with BANK OWNED REO property)Many BANKS who are still putting out their REO inventory are refusing to allow for ANY type of language in the Buyers Purchase agreement which allows for the BUYER to ASSIGN their purchase agreement thru the Escrow.
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16 November 2018 | 1 reply
@Romela JoverIt completely depends on what the contract language states.
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19 November 2018 | 6 replies
That's asking for all kinds of friction.Here's a short list on the lost value for honoring the "sweetheart" lease:Security depositPet rent and/or pet feeLoss of rents due to under marketHolding costs/vacancy/marketing when the tenant leaves "whenever he wants"Other operational headaches / PITA "tax"Your attorney should have suggested estoppel agreements as well as language in the contract that states no changes to or new leases can be signed by seller henceforth.
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24 November 2018 | 13 replies
Most people are so negative that they will think up 657 reasons why it won’t work why it’s risky why your uncle louie tried it and failed why you’ll lose money etc .. family and friends won’t understand , it’s not part of their language and they will view this as foolish and haphazard .