 Whats the best way to get started in flipping houses for profit? |
| I watch flip that house and the real estate pros all the time, I think flipping houses would be fun and I know the income great but how would I get stsrted? Anyone know?... |
|
 Can I leave husband off of title to house? |
Married. Live in IL. Do not want his name on the title.
Additional Details
Buying a new house.... |
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 Renters' Rights? |
| Do you have any good online resources for information on renters' rights? In Nov. 2005, I moved in with an old friend who owned her own home. In Feb. 2007, she gave me a letter that stated, &... |
|
 How is it to live in a mobile home? |
Hi,
I have saved some money, and I could buy a little mobile home... and I am wondering if this is a good idea or not.
Please help me.
Are mobile homes only for poor ... |
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 Contents insurence for tenents? |
| i am a concil tenent and want to find out about contents ... |
|
 Can a lease be broken if not in writ ting? |
| I started renting to own my house 5 years ago. 2 days ago my land lord informed me i wasnt renting to own but just renting. He named several reasons why he broke the lease. But nothing was ever ... |
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 There is a empty house 3years in my neighborhood the owner died can i take over the house?i live in californi? |
i herd i have to do a hostile reverse domain 1 trespass 2 fix it up 3 live in it.is this right?whoever this property was left they have left it behind and have not been there for over three years
... |
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 How do I know when everything is going to close for sure on a home? |
| Our offer got excepted and we submitted everything except for 3 papers that I am waiting to receive (1 paycheck stub and 2 bank statements). We signed papers and shipped them back and I checked the ... |
|
 Has anyone ever had trouble with an attorneys and fraudulent charges? |
| I have been done with this attorney for 2 years since my divorce was final. I have been slow paying, but mainly because she did a terrible job in representing me. Also she charged me for reading a ... |
|
 I have my RE license. I dont want to be a realtor but I want to sell my parents 2mil dollar house. How ? |
| My parents want to sell their house in a year and buy a new bigger one. How can I learn to sell their house and find a new one without becoming a full time realtor. Any suggestions? T... |
|
 Any LANDLORD out there?? need some advice? |
hello all
i am a new landlord. i just bought an apartment. i will be moving into it myself in a couple of years but i will be renting it out in the meantime. it is currently in livable ... |
|
 Mortgage rates where are they going? |
what do you think about the mortgage rates in the next 2 months, will it go up or it will continue to sink?
i'm planning to buy a house but im thinking twice since i know that the fed ... |
|
 Can a landlord terminate a rental lease at the end of the term period without a reason? |
| The lease has run out and we want to change tenants. What if the tenants do not vacate by the end of the lease period after receiving a 30- day notice from the landlord?... |
|
 Escrow Question...? |
| I have money sitting in escrow from a real estate deal that fell thru. I was denied by the co-op board... How do I go about getting it back? I have no lawyer anymore. How long can money sit in escrow?... |
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daniel.brillet | Is it legal to have someone take over your lease? |
Are there different laws depending on the State you live in? |
 |
 
nikbern525
|
It's considered sub-letting and only if it's agreeable to your landlord. If the person who took over for you missed payments you would then be responsible. You're better off talking to your landlord about getting out early if possible. |
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Andy
 |
There is no law against it, you need to read the lease agreement. Many landlords will include a clause in the lease that states that you may not sub let the property. Sometimes the clause states that you can sub let the property, but only if the landlord agrees. If you do have someone takeover your lease, you are still legally obligated to make the payments if the person who took over the lease stops paying. The landlord can sue you both for non-payment of rent, but can not get double the rent, he/she can only get the total amount of the rent - it just doesn't matter whether it comes from you or the subtenant. Read the lease carefully and have a lawyer advise you if you do not understand it. Many law schools have free clinics that can help you if you do not want to pay a lawyer to look at it for you. |
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Muga Wa Kabbz
 |
Yes, it is perfectly legal. However, the person taking over your lease will have to meet the minimum credit requirements for leasing your previous place. If he/she doesn't meet the credit requirements of the leasor, then, they obviously cannot take over the lease because the leasor will not allow it. |
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Derrick L
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It is legal to have someone take over your lease (sublet or sub lease). However, you must review the section of your lease agreement that addresses this to see if a sub is allowed. If you sub and it is not allowed, then you are in default of your lease agreement. Being in default could cost you a lot of money in addition to being evicted from the property so read your lease and talk to your landlord. |
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HairyBack
 |
Depends on your lease. That is what is called a Sub-Lease. Some state don't allow for it. |
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BoomChikkaBoom
 |
It's not a question of legality.
It is a question of whether or not subletting or assignments of the lease are allowed in the contract, meaning your original lease. |
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Joe N
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It usually depends on the terms of your lease. What you're talking about is either subletting, where you stay a tenant and you're responsible for rent, but you let it to someone else and they pay you - or it's assignment, where you actually sell the lease to someone else and your relationship with the landlord ends. Both normally need the permission of your landlord. |
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INACTIVE
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Are you talking rental lease, car lease, or what??? Your contract is what will tell you what you can and cannot do to reassign a lease. Leases are legal documents... you should always read them before you sign them. |
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romulusnr
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No, it's not legal. A lease is a contract, you can't change it or break it without the agreement of the other party (your landlord). |
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