I have acquired a piece of property that has an existing cell tower on it. The previous owner had already sold the lease about 10 years ago for a lump sum payment. I have requested a copy of the lease. From what I und...
Closing a loan in a few days and as usual there is a Assignment of rents agreement. But this sentence, which I see in every assignment of rents agreement, pisses me off.
LENDER'S RIGHT TO RECEIVE AND COLLEC...
So my dad is getting married again. He has a pre-existing property before the marriage, and planning to do a transfer on death (TOD) deed to put the property in my name as the beneficiary. However, would the new marri...
Hello all,
To preface this, I am a newbie at the real estate game!
I own a double in which I rent out the upper flat. The tenant was on a lease which has now expired. Honestly, I like the idea of keeping them mon...
I have found an Investment property I am really interested in. It has a single family home, a 4 plex, a 3 plex and a separate studio apt, all on the same lot. It is all currently rented and appears to be in really g...
I am looking for a good plain language but sufficient residential lease for a SFR...if you would be willing to share, it would be much appreciated. Feel free to shoot me a colleague request or PM.Thanks!
Hi all,
Hoping to get the opinions of the smart folks in this community.
I bought an REO from one of the big banks.
Step 1 was to sign an addendum they required services via their asset administration division.
Ne...
My property management contract contains a "Hold Harmless" clause which provides as follows: "Owner agrees to indemnify, defend, and save Agent harmless from all suits in connection with the leasing and managing of th...
I have seen several bank owned listings in which there is a owner occupied priority period. How is a bank able to enforce this? Does anyone know if it is occupied by an adult child of the owner if that is acceptable?