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Recent real estate law questions
I have created a contract to buy 12+ acres of undeveloped
I have created a contract to buy 12+ acres of undeveloped land in TX from my mother in law. Once this Contract for Deed is executed, (she is self financing), what are the steps I need to follow with the state to make this legally binding and recorded properly with the state?Scott
According to the Apartment Owners Association, a resident
according to the Apartment Owners Association, a resident manager of an apartment building has to have a signed employment agreement, they are employees not contractors, and cannot pay above a certain amount of rent.I own two duplexes on a street that has 20 buildings, mostly duplexes and one 3plex, with all buildings owned by 6 owners. There is a filed maintenance agreement with the county that stipulates that all owners will split common costs like our two water wells, the streetlights and sewer and main road repairs. the agreement states it runs with the land, so all (new) owners have to abide by it or change it with 51% of the owners agreeing to do that.There is a couple who have lived there for more than 20 years and "manage" the properties, taking rent to the bank for some owners but not all, making sure the wells stay in good repair, etc. It says in our maintenance agreement the "manager" is to receive no compensation unless we as owners change that. we do reimburse the managers for any expenses they incur.and since I purchased the duplexes in fall 2014 I've paid a small part of these managers' rent. paying part of their rent is written down nowhere.now, we are writing an "employment agreement" for these two managers. Do these 20 separate buildings qualify as an apartment building, so that we can follow the laws pertaining to apartment resident managers??Thanks, ***** ***** Maxwell
I'm Jessica. I'm from West Virginia. In 2008 my mom started
Hello I'm Jessica. I'm from West Virginia. In 2008 my mom started a rent to own with a friend. She payed the bank until 2013 and she had herself and I on the deed. The deed stated that the land and a trailer on the property was ours. She past away and I became soul owner. Fast forward to present day. My husband and I want to use the trailer as a trade in on a new double wide and was told I needed a title. So we contacted the guy my mom bought it from and he said he never had one and gave us a number for the guy he bought it from. He didn't have it and gave us the # ***** the owner before that. Anyway we go back 25yrs worth of owners and call the DMV. We relay all of the above to them. We had all the names on the title correct except one. The title is active in someone else's name they can't say who. So we call around again. The other past owners all have no idea who'd be on it as it was sold to the guy we bought it off of. Who btw isn't even registered on the title. We were going to do a message forward but the DMV said if no one answered the message then there was nothing else we could do. We did happen to get the town the person lives in after the 7th call. The person lives in the same town we do. Its active so that means someone is paying taxes on it and as property so am I lol. I REALLY need that title. Please is there any way to do this??
I have a rental property, which I rented out to a tenant. The
I have a rental property, which I rented out to a tenant. The lease is one year and ends September 1st 2016. There is no clause for the tenant to be able to terminate the lease early. The tenant purchased a home in April and wrote me an email stating he would like to terminate the contract as of May 1st 2016, he will be moved out on that day to his newly purchased home. I called to discuss this with the tenant and left him a message that unfortunately I was not planning to rent the property out as I planned to move back in it myself after their lease was up on Sept 1st.I also mentioned that I could prorate their rent if I could move back in the property prior to Sept 1st and would stay in touch, call back please let's discuss. Also please let me know when they have vacated the property, so I could check on the property.No return phone no return text no emails.No communication from them what so ever. Completely ignoring all my attempts to talk to them regarding the vacated property. My neighbor informed me that they moved out 2nd week in April. I received the rent payment for May 1st, so they are paid up through June 1st. I feel like they left angry or annoyed because I wouldn't terminate their rental lease.What are my rights? Can I change locks if it is vacant, can I turn off the water main line since it is vacant. I gave them 4 days notice that I would be visiting the property tomorrow.No response.
My wife and I have been in this home and under a verbal
my wife and I have been in this home for 9yrs and under a verbal rent to own for 500 a month plus 50 to be in escrow to pay taxes on it for a year then all rent pd to be deducted off principal of 56000.00 at simple 10 percent interest on contract after first year.after a year the owner gave me a contract but did not have terms we had discussed .I told her I could not sign that contract and she said she could change contract it was not set in stone but she did not . so I thought I was renting to own but now 9 yrs later in march of 2016 she sends a letter from her attorney stating she want to sell the property and we have first offer and to sign contract but there was no contract enclosed . or move by May 1et 2016. we contacted her and let her know we have not seen a contract and we have not heard from her or her attorney until to day a police officer just delivered a notice of eviction to vacate not more than 30 days from today. My wife and I are both diabled and on fixed income and were waiting to see what terms she was in the contract for home we have paid 49050.00 for . do we have any options under any laws to do anything or did we get fleeced?JA: OK. The Real Estate Lawyer will need to help you with this. Have you consulted a lawyer yet?Customer: no ,we live in indianaJA: Is there anything else important you think the Real Estate Lawyer should know?Customer: I have her and I conversation recorded disscussin rent to own and her not changing contract on rent to own after first year and not producing it but taking our money every month like as if we were buying.JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Real Estate Lawyer about your situation and then connect you two.
IF A LANDLORD HAS A CONTRACT WITH A TENENT RENT TO OWN
IF A LANDLORD HAS A CONTRACT WITH A TENENT FOR A RENT TO OWN WITH STATEMENT THE TENENT IS TO PAY TAXES, PROVIDE A INSURANCE POLICY, LATE CHARGES STARTING THE 6 TH DAY AND IF GOES 45 DAYS THE SALE IS NULL AND VOID.WHAT PROCEEDURE WOULD THE LANDLORD TAKE TO TAKE PORCESSION OF PROPERTY. ALSO THE TENENT HAS PAID 48 PAYMENTS ON THE CONTRACT.
JD, I am wondering if I use an Articles of Agreement form for
JD, I am wondering if I use an Articles of Agreement form for a rent to own purchase of my house, could it negate the non-lease clause that is in my neighborhood's HOA?JA: Thanks. Can you give me any more details about your issue?Customer: I live in a single family home. my hoa has an amendment stating that we cannot rent or lease our home, and that it must be owner occupied. we have tried for 2 years to sell our house, to no avail. so we would like to get a tenant to agree to rent-to-own, with the purpose of them really purchasing the home. i was told that due to the owner occupied clause, that it would be easier to have them sign an articles of agreementJA: OK got it. Last thing — Real Estate Lawyers generally expect a deposit of about $18 to help with your type of question (you only pay if satisfied). Now I'm going to take you to a page to place a secure deposit with JustAnswer. Don't worry, this chat is saved. After that, we will finish helping you.
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Recently I was declared a victim of a criminal real estateView more real estate law questions
recently I was declared a victim of a criminal real estate scam. My case was one of the worst the investigator investigated. I was sold a home on land contract. The home was unsafe for living which at the time was never disclosed to me. The company that sold m the house never recorded my contract per Ohio law, and refused to make necessary repairs. Over 5 years I paid my monthly payment for this land contract. In march of 2015 the company deeded the home into my name without my knowledge to avoid the health department. The company also forged me into an additional $20,000 mortgage I did not sign. In December 2015 my land contract was paid off. I asked for a deed and was denied. I stopped making payments after police became involved. They actually produced my deed, and said clearly the house is yours, just maintain the taxes. This angered the company. They then forged my name on a deed in lieu of foreclosure. The day this happened I was with the officer going over the criminal case, and the officer testified there was no way I signed that deed. The next day I received an eviction notice for $5,000 for non payment of RENT. I owned my home, but due to the fraudulent deed in lieu of foreclosure they appeared as the homeowners again. The officer successfully stopped the eviction, and has documented every form of intimidation and harassment I received. The case is moving forward soon criminal as part of a multi home indictment. Should I retain a civil attorney as well? At the end of this case it is undetermined if I can even keep the home in it condition.