I signed a California Association of Realtors Residential
I signed a California Association of Realtors Residential Listing Agreement- Exclusive Authorization and Right to Sell Form and changed my mind about selling the property less than 24 hours after signing. However, the broker will not work with me to terminate the agreement even after telling her the property is not for sale and to withdraw the listing. The contract is good for one year and she's holding me to it. She is unethical and won't compromise even though I am unhappy and don't trust her.However, this is not my primary residence. It is tenant occupied and I have been earning rental income on this property and paying taxes on rental income of the property for 5 years. Shouldn't I have signed the Commecial, residential income non-owner occupied listing agreement instead? What are my rights? Does this void the residential listing agreement since it is not my residence?
I am a landscaper in ct and I cater to Condomiums and
I am a landscaper in ct and I cater to Condomiums and Commercial properties. I have been working at an Association for 8 years that has recently gone out to bid. And RFP was sent out and due back in a given date. I was told that there were several bids higher then me and one extremely lower then me. I was told by the person in charge originally that they would throw out the low bid. Well in the end it appears they didn't throw out the low bid and have spent time with him going over his bid in an effort to get him to increase his bid. If he increased his bid it would then not look so bad and the Association would still get the benefit of a lower bid. As the company who has had the contract for years without out any issues and was in the middle of the bidding from what I have been told , is this legal? I have received my information from other members of the Landscaping committee. This contract has not been awarded yet but it will be in the next two week.
THE REAL ESTATE QUESTION THAT I HAVE IS IN RELATIONSHIP
THE REAL ESTATE QUESTION THAT I HAVE IS IN RELATIONSHIP BETWEEN ME AND MY BROKER, WE HAVE A WRITTEN AGREEMENT THAT SAYS THAT ANY LISTING THAT THE FIRM GET THROUGH MY CONTACTS AND CLIENTS THE SPILT WILL BE 50%-50% FOR COMMERCIAL PROPERTIES AND 75%-25% FOR RESIDENTIAL PROPERTIES, I SECURE A PROPERTY FOR ONE OF MY CLIENTS AND SHE EXPRESS THE DESIRE TO ACCOMPANY ME TO SEE THE PROPERTY WITH MY CLIENTS. NOW SHE IS CLAIMING THAT SHE DESERVES 50% OF THAT DEAL AND NO 25% AS OUR COMMISSION AGREEMENT SAID BECAUSE SHE HELPE ME, MY QUESTION IS,JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: IF SHE DIDN'T EXPRESS IN ADVANCE THAT SHE WAS ASSISTING ME AS AN AGENT AND NOT AS MY BROKER, IS SHE HAS THE RIGHT NOW TO CLAIM THE DIFFERENCE IN THE COMMISSION?JA: Has any paperwork been filed?Customer: FLORIDA, THE CONTRACT IS EXECUTE, AND WE HAVE A WRITTEN COMMISION AGREEMNET SIGNEDJA: Anything else you want the lawyer to know before I connect you?Customer: THAT SHE NEVER EXPRESSED BEFORE THE CONTRACT WAS EXECUTE THAT SHE WAS ASSISTING ME AS AN AGENT, SHE NEVER TOLD ME AND NOW SHE IS ASSUMING THAT I SHOULD KNOW.
Can the same lien be placed on three properties. Arizona,
can the same lien be placed on three properties.JA: Where is the property located?Customer: ArizonaJA: Has any paperwork been filed?Customer: yes on commercial real estateJA: Anything else you want the lawyer to know before I connect you?Customer: The lien is for 250k line of credit. I never drew from the line of credit so zero draw but the guy wants to foreclose. He has placed 250k on three different properties.
My question is out of curiosity and pretty much being nosy.
My question is out of curiosity and pretty much being nosy. I randomly like to pull up the local register of deeds documents and just look at various deeds and mortgages. This evening I saw something that I had never seen before. It is an "Assignment of Rents" document. I did my own research as to what this is...and there was an "assignment of rents" clause in a deed with the mortgage company on this particular piece of commercial property. Is an assignment of rents executed when a person, company, defaults on the mortgage payment? Is it because the owner of the commercial property decided to rent out the commercial building that they had a mortgage? I'm just confused because I have never seen this as an actual enforced document...not just being a clause.
Can a Mall Landlord (In California) incorporate in their
Can a Mall Landlord (In California) incorporate in their lease agreements a clause to force tenants to purchase local advertising?"The landlord's intention is to guarantee foot traffic for the tenants, and reduce default rates.We have been informed that this strategy is utilized in some malls in southern California.
I have a commercial apartment building I would like to sell
I have a commercial apartment building I would like to sell that I own. It currently has a loan. I wanted to ask if the following could be structured.I was thinking to set-up a master lease for the property. We would set-up the master lease that I would retain ownership/title to the property initially.I was thinking to set-up the master lease with the following:* The master lease would provide the lessee the right to collect rents, repairs etc for the property. The title would remain the same initially. * The lessee would pay me 20% down.* The lessee would pay me an amount equivalent to the purchase price minus down payment amortized over 20 years at 8% interest rate. * Monthly property tax and insurance would paid separately to me and held in escrow.Within 3 years the actual sale would occur, I would pay off the existing loan on the property and provide lessee title to the property. I would offer seller financing, but it will be seem less to the lessee as the payments and remaining principal amounts would remain the same. Lessee would take care of the property taxes and insurance on his own at that time. These things will be mentioned in the master lease.I have heard it being done with many other commercial properties. I wanted to ask if you have any concerns using about doing this? Is their any way to have the insurance in the lessor's name?
I'm in Nebraska. I tried to buy my property back at the
I'm in Nebraska. I tried to buy my property back at the forclosers auction, I didn't win the bid got to High. The wining bidder, knew I lived there and had electricity shut off the day of the auction. My two dogs almost suffocated, luckily I returned before that. He received restitution of premises the court proceedings, sheriff showed and gave me orders to leave. I was unable to remove my business assets personal property and most of my property ended up in landfill or the new property owner keep.JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: NebraskaJA: Have you talked to a lawyer yet?Customer: Briefly and was told that there is no president setJA: Anything else you think the lawyer should know?Customer: Being harassed by new owner