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17 November 2018 | 1 reply
INSURANCE:It is Owner's responsibility to have coverage and to maintain property insurance coverageagainst any and all perils on the subject properties .Owner shall indemnify and save the Agent harmless from any and all costs, expenses, attorney's fees, suits, liabilities , damages from or connected with the lawful management of the property byAgent or the lawful performance or reasonable exercise of any of the duties, obligations, powers,or authorities herein or hereafter granted to Agent.The Owner agrees to indemnify and hold the Agent harmless from any claims, debts, demands,suits, costs, or charges, including necessary attorney's fees in connection with or arising from themanagement of herein described property including necessary attorney's fees in connection with orarising from the management of herein described property (but for any claims that arise from an alleged lack of due care exercised by Agent) and from any liability for injury suffer donor about thepremises by any person whomsoever.Owner agrees to carry liability insurance in limits of not less than $300,000.
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1 March 2018 | 8 replies
When the tenant buyer exercises the Option to buy a few years later, generally that has bought down our underlying financing and we split those profits 50/50 as well.
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27 October 2017 | 11 replies
., as the court's in Kentucky have interpreted the statute to mean what it says so any improvements beyond how you bought the property cannot be recovered if the owner decides to exercise their right to redeem.
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13 December 2020 | 21 replies
It will not enhance your own safety nor increase your profit margins.
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30 September 2018 | 31 replies
The basketball court looks poor where the Crisp refreshing pool would enhance the appeal.
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9 November 2018 | 5 replies
In other words, having cash or other financing available to be able to cash out the lender in the event the due on sale clause is exercised.
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6 February 2019 | 19 replies
:)But getting zoning and density and annexing is an exercise in engineering and politics even more than it is a real estate exercise.
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26 February 2019 | 2 replies
If the bank expresses they may exercise the Due on Sale Clause in the case of a transfer into the LLC, you can also go the route of using a land trust as outlined in this article.
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27 October 2019 | 12 replies
All option money is non-refundable and applies to down payment if option is exercised.
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19 June 2020 | 5 replies
With only around 5k families exercising their right to school choice it doesn't seem to be used very much.