I have a commercial lease expiring next month. one person that is one the lease was bought out, and therefore is not going to be on the renewal. An other partner was added. I am thinking only offering a extension of l...
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Anybody here have a Ohio Lease extension form? I have a fairly detailed lengthy lease but the tenant is extending by 1 year..so just wanted to see what to put there. or do the same original document with a new date?...
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Hi,I did a private lending, term was 1 year. there was a clause that borrowed can extend loan (if lender is ready) for 2 times, each time for 3 months. but borrower has to pay 1 point for each extension(3months). so e...
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i am a landlord in NJ. I know a lot of landlords when the renew the lease they send a whole new lease and sign it, and so did i do up until now.MY QUESTION: is it necessary at all? or can i just sign some kind of ren...
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Has anyone done an extension on an open ended loan? I am familiar with the concept, but not so much with the nuts and bolts of how to get it done. I believe there needs to be a new note and security instrument. Not...
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I leased a property 2 years back using the agent who helped me find the renters and provided background check and agreement services for a fee. He is not a property manager. In his representation agreement 2 years bac...
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I've got an owner financing agreement with a 5 year balloon but I wanted to put in verbiage to have an optional extension for 3-years per buyer's discretion? Is this something that I can put in the 'additional instruc...
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Hello,I’m renewing the lease of one of my tenants in the next two months for a property I manage (about 45 min drive from where I live). I’ve always just used the previous lease agreement document but updated it for t...
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Hi allI hope all is well. I was recently offered this, wanted to get feedback, questions, etc. Assume you have cash currently earning 4.6% in high yield savings. Key Deal Points:Loan Amount: $88,000Lien Position: 1s...
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We are listing a flip soon and looking for alternative exit strategies in the event we cannot sell by the time our loan terms. At the moment, it does not look like renting is a viable option as the market is thin for ...