Sentences with phrase «tenants remain the owners»
With a T / O / D designation, the sole owner or joint tenants remain the owners of the account.
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After the first of the joint tenants dies, that owner's one - sixth portion will be redistributed evenly amongst the other survivors so after the death, each of the survivors will own one - fifth of the property, jointly with all the other remaining joint tenants.
In single - family rentals, noise from adjacent property owners and parking remain high on tenants» most - hated lists.
The owner remains in control and sets about looking for a new tenant.
The tenant would pay a below - market rent to the owner, and any amounts collected over the base rent amount by the tenant would be split between the owner and the brokerage, which had a separate exclusive listing and consulting agreement to secure tenants for the remaining 14 acres of the parcel.
Ironically, tenants are but one of the «group» of unlawful occupiers that rental property attorneys encounter in court and, relatively speaking, are far more accommodating than squatters whom have occupied a residential property without any right in law or in fact, or a property owner who has lost ownership by way of foreclosure but feels the need to remain in the property.
The company has committed to remaining the clear leader when it comes to representing Buyers, Sellers, Owners and tenants for a quality experience.
Pricing from service vendors has remained constant, and we have continued to leverage PICOR's buying power in the market to benefit owners and tenants of Tucson commercial real estate.
«Since only 23 % of the units have been renovated, the new owner will benefit greatly from future financial upside by renovating the remaining units as leases roll over and tenants vacate.»
-- including a lien on the stock of a cooperative housing corporation (a «co-op»)-- no lender can enforce its due - on - sale clause due to any of the following prevalent circumstances: (1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property; (2) The creation of a purchase money security interest for household appliances; (3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) The granting of a leasehold interest of three years or less * not containing an option to purchase (5) A transfer to a relative resulting from the death of a borrower; (6) A transfer where the spouse or children of the borrower would become owners of the property; (7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property (8) A transfer of the borrower's property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or (9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.
Krawitz says that often the remaining term is five to seven years and frequently the building owner is prepared to negotiate with the sub tenant for continuance after expiration.
A former owner who remains on the property following a foreclosure becomes a tenant, but if the owner has relinquished possession prior to foreclosure, then they have no right to re-enter the property post-foreclosure.