Lending or loaning your property to someone may help them out, but it can sure put you in a quandary, especially of the person you have lent/loaned it to is not a responsible individual. Be it a car or a house; if there is damage, you need to ask for a settlement. A demand… Read More »
If you intend to purchase a house, it is better to put it in a letter so that the seller can hold it for you. While technically not legal documents, letters of intent serve to halt a seller from selling the property you want to someone else. Imagine making the rounds and finding the… Read More »
Whether you want a tenant to vacate your property in good faith or not, you have to be polite when giving him a sufficient notice period. You want the process to be smooth and prompt, and you do not want to give him time to make excuses. When you write a notice to ask… Read More »
Driving tenants out of a rented property can sometimes become a difficult task. However, if your tenants are responsible people and follow the lease/rent contract that transpired between them and you, you should thank your lucky stars. And if you are at this end of the rope, you should be good enough to provide… Read More »
Buying and selling property involves enormous sums of money and a lot of risks. Since anything involving real estate means huge investments, buyers often ask sellers to provide them with a letter of intent to sell. This type of letter, while not legally binding, can have a significant impact of a business transaction of… Read More »