Easily Remove Option Field from the Land Lease Agreement

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How to Remove Option Field from the Land Lease Agreement

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[Music] okay lets say you get a hundred thousand dollar property its worth that and you get it on an option for 80 000 like you said you Market it and then somebody says Hey I want to buy it lets do it are you like buying it like youre exercising the option to buy it yourself and then youre selling it to them with a double closing or are you somehow assigning the option and they jump in how does that other mechanics of that work so weve been really fortunate we have expanded um but when we started doing this method Im about to tell you about we started in Arizona and we work with Great American Title Agency out of Phoenix there they have been awesome and I recommend them to everybody weve also found one in Tennessee that we use and what weve been able to do with them is do a true a to c double close where they use the buyers money and they pay everybody and that has been a huge game thats big deal not not only that theyre able to do it without disclosing what our profit wou

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What does demise unto the lessee mean?

In property law, demise means to transfer by lease. The phrase demised premises generally refers to premises that have been transferred by lease, as opposed to the retained parts which are not transferred but are retained by the landlord.

What are the option terms of a lease?

A lease option agreement means that the buyer pays rent and has an option to purchase your property at some point in time in the future. You still get money from them while they use your home as their own, but theres no big upfront payment like with a traditional sale of real estate.

What is the role of lessee and lessor in leasing?

When the asset under lease is a piece of real estate, then the lessee is a tenant and the lessor is the landlord. The lessee is the temporary occupant of the property, and the lessor owns the property in which the lessee is staying.

What is the definition of a lessee UK law?

noun. The person a property has been leased to.

What is an operating lease obligation?

Operating Lease Obligations means all obligations for the payment of rent for any real or personal property under leases or agreements to lease, other than Capitalized Lease Obligations.

Who is the lessee in the finance agreement?

A finance lease is a contract between a lessor (a funder or finance company) and a lessee (your business), where the lessee requires the use of business equipment, vehicles, or machinery. The lessor provides the use of such equipment in exchange for pre-agreed regular payments.

What are the obligations of the lessee?

The lessee is bound to take as much care of the leased property as a person of ordinary prudence would take care of his own property, and to do ordinary maintenance and petty repairs thereof. The lessee is bound to allow the lessor or his agent(s) to inspect the leased property at a reasonable time.

What is the indemnity clause in a lease agreement?

Indemnification is the assumption of another partys liability under a contract, such as a lease. Therefore, under an indemnification clause, tenants typically agree to reimburse the landlord, or pay directly, all losses, claims, suits, liability, and expense related to a liability situation.

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