Failure is not an event.

The bond issued by a CFD is considered a lien against a property and failure to pay the tax can quickly result in foreclosure since Mello-Roos districts are subject to accelerated foreclosure laws.Basically its double taxation.  

Our standard lease forms do not carry the same weight for security deposits vice the regular rent payments (that is to say there is no language in the lease template for failure to pay the deposit when it is presumed paid already).

Chris I brought this up way early in this most entertaining thread.... as a potential note buyer there is no standing in the real estate and I know my note purchase agreement is a bare bones doc that does not even contemplate the seller default or failure to close on the note if the note does not show up you just don't close .. note sale is far different .. this guy wants to weave that into a purchase and sale agreement.. its just a note sale were the seller of note simply did not follow through I personally don't know of any punitive remidies for this scenario other than transaction did not go through as the note was never delivered..  

I never hear about  the failures.

I chalked the failure to being tired. 

Failure to perform clause recommended to re-assure sellers?

Do not misdirect your failures onto a tenant.5.

If not, then you're setting yourself up for failure if you can't MTR in time. 

Trying to hold property owners responsible- morally - for society's failure to be able to properly house and care for all of the elderly people in the USA seems misplaced.