Tell them you want to help the tenant, but they believe the Governor executive means they have the right to ignore you and make no effort to pay rent or get assistance to pay rent. 

Additionally- they would have to demonstrate such a claim.If I was in a market which was "pro-landlord" and did not have every branch of my government: legislative, executive and judicial, looking to impair my business, then perhaps I would do things differently.But one thing is for sure, if I did operate in such "landlord friendly" market I would not presume to tell a fellow, successful, landlord in a more restrictive market how to conduct himself.

You are definitely heading in the right direction and now it’s time to execute.

Justing R and Andrea D, you articulated much better than I could have.I only add that many inequities in home ownership were not market driven but executive boardroom driven; redlining was commonplace for generations. 

When this was telegraphed last year, the working paper suggested a $400,000 income limit for executing exchanges. 

We already have a purchase and sale agreement executed.

You want to make sure that is not included in the seller's contract prior to executing the contract for deed. 

It depends on the specific properties within specifically analyzed micro-markets, executed using specific strategies where the analysis generated profiles match the criteria of your REI plan, at the current timeline in that plan.Or, another way to say that is, "All squares are rectangles, but not all rectangles are squares"

We have come to a verbal agreement as to how I am going to buy him out of his share.The deal is that I will pay a sum of money on a note that he holds tied to another asset over the course of two years, and when complete we will execute a quitclaim deed assigning full ownership to me.I am looking for advice about formalizing this agreement in the best way possible so we are both bound to the terms of the agreement.Is there a standard for this type of transaction?

Contract prepared and executed?