The insurance co faxed me the following (and is mailing a hard copy for my records): Type of Insurance: General Liability there is a X in the box for Commercial General Liability, and a X next to a box that has Occur (not sure what that means).

Give them that along with a copy of the B-C contract which should state it is contingent on short sale approval and you getting clear title to the property.

Also, the county recorder will probably have a copy of the mortgage on the property.

Copied from another thread you startedFirst off, I really wish the media would stop using this cliche', especially in the U.S.

If not managed by property management the sell needs to get a copy of rent receipts for the last 12 months or time of occupency.

In our case we did have to provide copies of our leases/mortgage for our primary to demonstrate what that amount was in addition to any other debt that would show up on the credit report.

I have been reading the forums and blogs on BP and wondering where I can get a copy of a assignment contract that protects myself if for some reason I can't close on a property in the given amount of time.

There is no more money to be made in real estate than in any other area of investing or starting your own business.For the most part the 'stories' you heard of people making many millions are just 'stories'.However, there is a very small percentage of posters here on BP who have actually done very well for themselves, and have freely shared their methods.But no one is going to do it for you.

It is hereby agreed that such condition shall be for the exclusive benefit of the Buyer and may be waived or removed by it at any time during the Feasibility Period by delivery of written notice tothe Seller.Seller shall provide to Buyer all of the following information and documentation (hereinafter called the Review Items) to the extent that it is in Seller’s possession, within five (5) days from the date of execution of a Purchase Agreement between Buyer and Seller:a) Copies of any and all ground leases, residential leases [which shall be made available to Buyer at the Property], easements, land use restriction agreements (if applicable), deed restrictions, liens and deeds of trust, and any other documents encumbering the property.b) A complete set of as-built building plans and specifications of the Property and all improvements thereon, including all structural, mechanical and electrical plans andspecifications, to the extent in the possession of Seller;c) Copies of any and all existing soil, environmental, structural, mechanical and other consulting studies or reports pertaining to the Property and any improvementsconstructed thereon which have been completed within the last three (3) years, to the extent in the possession of Seller;d) Copies of all financial statements pertaining to the operation of the Property, including income and expense reports for (a) the last three (3) full years and (b) each month of the last twelve months, to the extent in the possession of Seller.

And unfortunately, most of these tax preparers aren't any smarter than a copy of TurboTax, asking questions and punching in the answers.