September 23, 2009 | Posted by admin Your contract may contain a provision that the buyer must be approved for a specific mortgage loan and interest rate. If the mortgage cannot be obtained within the prescribed time, the buyer may terminate the contract and receive a refund of deposit. If it becomes necessary to terminate under this contingency, you should be [...]
Categories: Business | 
Tags: Contract | 
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September 23, 2009 | Posted by admin Tenants in common enjoy equal rights of possession. However, this does not mean that ownership is equitably distributed. Say, three tenants are in common agreement and they hold the property in proportion of 50:30:20 . A person who owns 20 percent of the property enjoys the same rights of occupation as one who owns [...]
Categories: Property | Tags: Tenancy | No Comments »
September 23, 2009 | Posted by admin There are two primary considerations in Commercial Real Estate Lease analysis from the investor’s perspective: Poorly drafted leases can create economic problems for the borrowers that may put at risk his or her ability to make loan payments. If the investor takes the property back, he or she will have to live [...]
Categories: Introduction | Tags: Lease | No Comments »
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