Bart Lucas
Rent to own information
23 November 2024 | 1 reply
@Bart Lucas a rent to own option is a unilateral relationship (not bilateral).
Samantha Coppinger
How to turn down a tenant I already accepted a holding deposit for
8 October 2024 | 22 replies
It was just a signed paper about the holding deposit, that if the tenant doesn't move in by the date it's forfeited and if for any reason the landlord decides not to rent then the landlord has to give back the holding deposit.Exactly, and I am not a lawyer, but the "paper" you signed about the holding deposit sounds like a "bilateral contract" where in exchange for this deposit you agree to provide them with a lease.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
1 October 2024 | 15 replies
Thankfully, you'll be able to get deductions based on the bilateral treaty for the avoidance of double taxation but that means that you'll always pay the maximum of the tax rates between the two countries for each category and some items might not be deductible.4.
Linda Roberts
What is the standard paperwork at the end of a tenancy?
31 July 2024 | 1 reply
Specifically, anything indicating that the lease is completed and both sides have no claims or issues with each other.There's no "standard" agreement that I'm aware of, but we've done a bilateral "Termination of Rental Agreement" when we wanted to document that a tenant has officially moved out, that there are no outstanding funds owed, and that there are no claims or issues.These agreements are particularly useful when doing "cash for keys" with a tenant.I would keep it simple: State in the document exactly what you want to establish as facts, and then run it by an attorney for good measure.I'd also recommend requiring the tenant's signature be notarized.
Nicholas Lilly
What are Non-Disclosure Agreements?
11 June 2024 | 0 replies
For instance, an NDA seeking to restrict an employee forever from applying all skills he acquired in a workplace after leaving that employment may not be considered reasonable.Types of NDANDAs may be unilateral or bilateral/mutual or multilateral.In unilateral NDAS, only one party receives information from the other party and the former bears the obligation to safeguard such information.
Nick Brubaker
Help!! After signing the lease tenant is attempting to back out!
1 September 2016 | 43 replies
Without a deposit you fail to meet sufficient consideration for a bilateral contract.
Dan Wells
Legal document that gives right to purchase?
19 November 2018 | 11 replies
Just a bilateral agreement that specifies:The giver of the option, or optionorThe receiver of the option, or optioneeThe purchase priceThe term (start date and end date) that the agreement will be in effectThe consideration (typically a dollar amount) paid by the optionee to secure the right to buyPLUS whatever else your attorney thinks is necessary.Make the document recordable by your county clerk, get it signed (and possibly notarized), and then have it recorded on public record.The intent is to ensure that if he tries to sell to anyone else, a title search will find this agreement and trigger a title defect.
Dan Miller
a few simple short sale questions from a newbie
21 August 2008 | 2 replies
Because the contract is a bilateral agreement.
Bill Gulley
NON PROFIT HOUSING WITH REVENUES
18 August 2018 | 105 replies
They can have relationships with other business entities through agreements, installment purchases, leases, options, re-purchase agreements, or simply bi-lateral or unilateral contracts.
Reggie Youngblood
Wholesale A Seller Finance Deal?
22 May 2013 | 8 replies
http://law.scu.edu/site/gary-neustadter/contracts-2012-13/main/cases/SaewitzUnilateral.htmlAn installment sale or note is a bilateral contract, you can NOT assign the obligation of one party to finance and place another party in place of the other party without consent.