ft Editorial Staff | firsttuesday Journal

Assignment of rents clause

Posted by ft Editorial Staff | Aug 8, 2004 | Property Management, Real Estate |

This article discusses the uniform rules for enforcement of assignment of rent clauses. The lender’s rent collection scheme An assignment of rents clause is commonly placed in all trust deeds. The clause includes rents as...

August events

Posted by ft Editorial Staff | Aug 8, 2004 | Real Estate |

August is: National Inventors Month; National Water Quality Month; and American Artist Appreciation Month. Other (unusual) July holidays and events 8/1 International Friendship Day start of National Clown Week 8/8 start of...

The Olympics

Posted by ft Editorial Staff | Aug 8, 2004 | Real Estate |

According to the International Olympic Committee, the first Ancient Olympic Games were held in 776 BC on the plains of Olympia in honor of the Greek gods. Held every four years until 393 AD when Emperor Theodosius banned the...

Working the AITD

Posted by ft Editorial Staff | Jul 7, 2004 | Real Estate |

This article discusses the advantages of a carryback all-inclusive note and trust deed (AITD), the forms to be used and the terms to be negotiated. Flexible carryback financing As a debt instrument and security device for the...

Property related disclosures

Posted by ft Editorial Staff | Jul 7, 2004 | Real Estate |

This article reviews a broker’s use of unverified information when marketing real estate. Sold “as-is” is a prohibited disclaimer – sell property “as-disclosed” A broker and his sales agents must...