should be in the leasing documents-If he did one- I know of a landlord who bought a triplex and the condition of the units was not noted by the original landlord when the buyer got the leasing documents-- tenants moved out , lots of damage, he could prove nothing-- could do nothing and could not charge for damage because they said it was that way when they moved in--judge in small claims agreed Because he had no proof of condition when they rented the unit--and he practically had to remodel the unit-- also-- i agree with Michelle-about a new lease

Also they hide behind their Terms of Use of their website which means you cannot sue them in small claims court and you must use an arbitration company that they select, and you must travel to Canada to do so.

When researching it I discovered that it has a foreclosure notice placed on it last June, but the bank has not acted on the notice.I tracked down the owner who had claimed bankruptcy, has no other additional debts, liens against the property, and is moving back to Mexico within 2 months.

Can you get Hml in an llc and then quit claim the home back to you personally after purchase?

After the one year rent guarantee runs out the buyer, almost always distant, discovers they have bought a property at an above retail price that needs continual maintenance and doesn't rent for anywhere near what the seller claimed.

How do I ensure I am not liable for claims that their property is damaged because of me?

After a small amount of research, I'm thinking we can use a quit-claim deed to transfer our half of the condo to the buyer.She is going to give us our equity ($32k) in cash.Anyone see a problem with this?

Regardless of the length of time of non-performance of a borrower they will have rights of redemption and a basis for claims to excess proceeds from any foreclosure sale.

Did the neighbor have homeowners insurance - seems like a simple claim with them.

Insurance claims reports also show firedamage being paid through insurance, although I could never find any evidence of anything being burnt.