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16 April 2020 | 72 replies
Handle each tenant that same so there is no discrimination and keep good records of correspondenceAdding amendment to leases to defer payments as long as they have applied for SBA loanNot suggested to lower rent.
2 September 2021 | 1 reply
I had such statements in the contract amendment: "In the event that seller is unable to vacate by March 12, 2019, it shall pay Buyer $250/day to remain in occupancy for a maximum of 30 days, time of the essence as to this date."
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23 March 2020 | 2 replies
NAR also signed a coalition letter(link is external) that would encourage Congress to provide readily accessible, unsecured credit to employers and self-employed individuals of all sizes to ensure they have the cash to pay their workers, rent, and other costs during this crisis:Suspend the filing of business returns and the payment of all business taxes to the federal government for the duration of the pandemic; and amend the Tax Code to, among other items, restore the ability of businesses to carryback any net operating losses against previous year tax payments;Suspend the application of the Section 163(j) limitation on interest expense deductions for tax year 2020 to avoid penalizing businesses for borrowing during this crisis; andSuspend the Section 461(l) loss limitation on pass-through businesses to allow businesses to full deduct any losses they incur this year.Essential Real Estate ServicesNAR is working with state associations, many of whom are reaching out to their Governors to request that certain real estate services be deemed “essential services” during emergency declarations.
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23 March 2020 | 4 replies
You could get it amended and it would have to be amended for all the investors.
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28 March 2020 | 40 replies
To answer your question in regard to the hard money lender, you would have to draft an amendment to the private money contract and have the lender sign it.
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23 March 2020 | 8 replies
@Don Barlow Here's the one that came out for the California Association of Realtors: CAR - CORONAVIRUS ADDENDUM/AMENDMENT
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24 March 2020 | 7 replies
I recently purchased a duplex which will be owner-occupied with an established renter on the other side. Do you suggest that I create my own lease for the renter's or just allow their current lease to run its course? ...
15 June 2020 | 11 replies
Terrific...https://www.nmhc.org/news/press-release/2020/apartment-industry-urges-sba-and-treasury-to-amend-paycheck-protection-program-to-enable-multifamily-participation/
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10 April 2020 | 4 replies
Do I keep the existing lease and add an amendment?
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10 April 2020 | 5 replies
Would I need to amend the contracts?