Is he looking for a place for a new office for his practice?

Although many of these law firms and loan modification companies have failed miserably in their attempt to “slay the banks,” many of them have been very successful in collecting upfront fees from borrowers facing foreclosure.We recently were approached by an individual who is seeking a hard money loan to buy an investment property.

As a licensed agent you HAVE to use fill in the blank contracts or you are practicing law without a license.

Yes you can go after her in small claims, but even if you win you will have to collect.

My hunch is they put in on her bill, which will go to collection eventually, and that's it.

If anyone is easily riled and they attempt to collect payments and get hot under the collar, realize you can lose your investment.

Sounds like you already closed, so for the next time you should have an estoppel certificate completed by each of the existing tenants; with that, you can establish conditions of the premises at move-in (along with lots of other things) - especially important if the seller does not have such records (hobbyist landlords and mom-n-pop landlords don't always use good paperwork and practices).Now, what do you do in your present situation?

Compare that - after research - to your winning chances and the level of collectability (is that a a word?)

Collect a fee from the end buyer when you make the assignment (preferable) or as an assignment at closing.

Best case: They come, look (or not), find it ok, give you a virtual slap in the face while you play the dummy innocent novice, and they approve it.Worst case: They put you on chains, have you bust up the concrete yourself, and practically have you rip it all out and redo with permit and licensed plumber, plus fines.Or anything in between.