Some would declare that won't last 10 years.

You could make the best case in the world and still lose and judge rules in the tenants favor.

I declare for the whole world to see and hear and read I am truly sorry.

@Carlos C.For instance if you need to evict a tenant; when you appear in court the judge will drop your case if your LLC is not registered in that state.

Most title companies will not release it without the signed agreement, for liability reasons....it is Not their job to be the judge of this.  

We are mostly concerned about the short Term, point 3B, and I have more of the contract which I will post here underneath:ClaimabilityThe amount owed (with accrued interest on the entire principal during the entire term, three months extra interest and the costs) will be immediately due and without notice, notice of default, written warning or other formality due in the following cases:a. if the debtor may be negligent in complying with one or more provisions made by this deed;b. if the debtor has been granted suspension of payment or the debtor has been declared bankrupt, the debtor's property has been wholly or partially seized by third parties and if the debtor otherwise loses the free disposal of his assets;c. upon seizure of the collateral;d. upon alienation (whether or not only economically) or expropriation of the collateral in whole or in part;e. in the event of fire damage or any other depreciation or potential depreciation of the collateral, whether or not due to the application of any government measure to the collateral; f. if another debt for which the collateral may be linked to a mortgage becomes due and payable;g. when (one of) the debtor (s) dies.

In addition is a seller refused to close, you could in theory go to court to sue for "specific performance" of the sales contract and if the seller refused to sign the deed the judge could sign it.

Steve at this point you have a Judges ruling against you.

Judges love to stick it to people that show up unprepared almost as much as the ones that don't show at all. 

Do I need to declare my rental income when I file for tax?