That said, I will *not* be claiming a charitable tax deduction on the donation, so I would imagine that it's 100% legal for you to take the deduction.Here's proof of the payment (email receipt from PayPal):http://imgur.com/fEUfnOG

(you can check with your attorney for his legal opinion) Should anything come up down the road, that should help protect you.Also, before closing, do a walk through and have them sign off.

They should not be able to reattach any loans as the legal owner has now changed.

I've seen many dissolve and end with legal issues.

IMO, many HMLs don't understand this and take advantage of a situation to advance thier self interests irregadless of the outcome to a borrower.A good lender can assess the risks, the viability of a project, understands the market, is aware of costs and liabilities as well as the legal aspects surrounding the business and from that determine what rate of interest and fees is ethically justified on a case by case basis.

If a family of Mom, Dad, and 3 kids fill out an app, you can not legally discriminate against large families.

2.Is it legal for me to claim insurance company's cost basis if last year I claimed county tax assessor's?

What are the legalities to giving a real estate agent a referral fee?

It appears that First American Title Insurance Company (“FATICO”) insured the following: Lots 1, 2, 3 and 4, .......rest of legal description....

Sam, they told you that because they did not want to receive it, once they do, they are legally obligated to disclose the issue and the written report received.Regardless what they stated, I would have sent that report to the list agent anyways.