We asked them to "define flipping" as I could rehab and resell and flip in 45 days and the negotiator for WF said, "We don't care what you do with the property once you take title"Now, that does't mean they will remove the language from their approval.

A common misconception is that you need to write language such as “and or assigns†after the purchasers name to make it assignable.

In your agreement it will need to have language of it prevailing over any other agreements made to that date (signing yours last with date and times).You can incorporate your contract by referrence and any paragraphs that may contradict will be prevailing under your contract.You should have an attorney do this for you the first time and then follow that addendum style thereafter.Actually, a Realtor is between a rock and a hard place because at the local level, like with the Board of Realtors, they may have agreed to use only the standard contract and amend it as necessary, OTH, state law will probably state, as well as broker's requirements, to present all offers.

My question is about how to handle the renewals:1) Create a new lease.2) Create an addendum to the existing lease, saying that the agreement between old owner and tenant is now is now between us and tenant (any tips on language also much appreciated).The content of the old lease is ok, so I'm mostly interested if there is any advantage of one over the other.Thanks in advance for any replies.

In my opinion, things that are very culturally specific or language / accent / idiom related are harder to outsource.

Keep in mind that it will likely need to change a bit for your use, but this may be something to insert in the standard BP agreement if the language is soft...I am too lazy to review it.

JD, as to tyhe inspection period, you need to check if this can be waived by agreement as some contracts may state a different period and include language that buyer waives certain rights and that the contract provisions will govern.

would there be language in the master lease of the single family home giving me that right?

Scott's contingency language sounds like it may be a good option.

BTW i am French and English is my second language so please do not pay too much attention to the word 's misspelling and others mistakes that i have made in this message .