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25 March 2017 | 25 replies
If they have a regular mortgage, there will be an exclusion prohibiting vacation rental activity most likely.
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8 October 2016 | 16 replies
.: "Financial institutions (i.e. banks) are prohibited under Public 97 (the Garn St-Germain Act) from accelerating a loan or otherwise invoking a 'due on sale clause' when real property has been transferred into a land trust WHEN: the beneficial interest owner of the said land trust is the same the day after the transfer as it was the day before the transfer."
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25 November 2019 | 17 replies
This should increase your personal credit score(s)...3) Next step would be verifying there is nothing else prohibitive on your credit report (i.e. collections, slow pays, etc.).
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5 December 2016 | 10 replies
It may be prohibited.
15 January 2017 | 6 replies
Given the break-ins, he requested a dog for his daughter, but our current lease prohibits pets.
17 January 2018 | 7 replies
I'm pretty confident that the HOA prohibits this sort of activity.
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23 May 2018 | 9 replies
Jessica Consider checking your lease for these actions to be considered violations and if nothing present, consider modifying your lease for future renewals to include rules that prohibit storing of junk vehicles, personal property etc. on the exterior grounds of the property.
20 April 2016 | 7 replies
The IRA owner is prohibited from making any repairs or doing any maintenance work on the property - that is considered sweat equity, an illegal contribution to your IRA.
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18 November 2015 | 3 replies
Needs a pretty decent rehab ($50K) to get back to market value.Intent vs. legality of arms length disclosureMy understanding is that the intent of the disclosure is to avoid mortgage fraud by allowing a related party to purchase the home at a deep discount then reselling or renting the property back to the original seller.The affidavit is not only a disclosure of information but prohibits the buyer to be of relation to the seller.The intent of my purchase will not include the seller being involved in the property going forward at all (fix n' flip or rental to an unrelated tenant)How does the affidavit apply to an LLC buyer?
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31 December 2015 | 13 replies
It doesn't have so much to do with Kansas being a non-disclosure state as it does that Kansas has a "unique" privacy law in place that prohibits the use of information gained from public records to use for sales solicitations.