I just read this article
http://fieldguide.reitactics.com/articles/if-you-wholesale-protect-yourself
and it talks about how if the investor that we assign the contract to screws up/goes bankrupt then we can be sued by...
I have a pretty solid sub-to deal that I can put under contract, but I'd prefer to assign it rather than take it down myself. I'm hesitant because I don't want to be on the hook if in the future something goes wrong l...
Straight forward question - when asking tenant/vendor to add to "additionally insured" do we advise them to put the PMC info or Landlord info? TIA.
Looking to buy an investment town house. The HOA is under litigation. I heard that can cause financing problems.In digging further the litigation is from a single person complaining about not being treated well by HOA...
A partner that I worked with in the past purchased a house with cash. Now he shared with me that the title isn't clean. Is this typical? Would it be wise to do a title search before paying cash for a property? If you ...
Here are some topics in an agreement that have my concern:
- Waive the requirement for approval from owner for any repairs or maintenance of any one item under a specified amount (one company is asking for $600…). Th...
I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/...
Question is in the title. Does the tenant get to decide? Is the suit by default on the landlord? Does it depend?
I'm working on getting a new property manager. In the management agreement, they have a clause that seems to indemnify them from liability. Here's the line:
"Owner agrees to hold Agent harmless from any claims, charg...
We went into contract on an auction.com home 7 weeks ago. Tonight, they sent over a cancellation agreement due to "inability to read the water meter because it is inside the home and is occupied". We think this is a g...