Renting Real Estate Questions and Answers

Can you sign a unusual lease while going through a divorce?

I have be told that while going through a divorce, new lines of credit cannot be open, which included a rental agreement. Can anyone shed any light on this? I am within florida. I need a suggestion point online if anyone can provide me with one. My friend is going through a divorce and is convinced that they are not competent to rent their own apartment yet because of this.


Answers: you can do doesn`t matter what you desire in your own signature. you cannot open up lines of credit or credit cards in somebody`s company with or next to out other party acquaintance, .but you can in own pet name, and rent or buy.
yes, you can sign new lease while divorce is surrounded by process.

helps to narrate landlord in the order of it in mortgage
A rental isn't really a line of credit. It's fundamentally common for spouses to rent during a divorce. I can't see in your mind`s eye any landlord turning someone down because of a divorce.

As long as your friend have rental history (or homeownership) and income, their credit record is usually inferior.

Can rental history affect buying?

Can your rental history affect buying a new home? Is that something that comes up when they do a credit check or something?


Answers: If you be ever evicted or a landlord ever used a collection agency it will show up, otherwise, no.
if the being you rented from reported to credit bureau yes, or if you do not have satisfactory trade lines and they ask for pay history on rental property when getting mortgage.

Can a 14 year ancient buy a house?

Can a 14 year old purchase a house. Like, it officialy be within their name and everything ?


Answers: You can own a home, but it will not be contained by the traditional manner, close to you are probably thinking.

You cannot make contract until you are 18, so you cannot sign any documents related to obtain the property. You also cannot obtain services such as utilities, etc.

The property could be obtain for you through a trust or a guardianship, where the trustee of the trust, or your legally recognized guardian can sign all paperwork.

Laws will rise and fall from state to state, and I must assume that if you have adjectives a large sum of money, nearby has be an attorney retained, who can advise you on how to proceed.
You you can not sign a contract and can not buy or vend homes.

Your parents can a house in place of you and put a trust surrounded by your name, however you could not flog it until you come of age.
Being 14, you can not legally sign a contract- so no. But it could be within a trust for which you are the beneficiary.
But you can't live there anyway, so dally until you are 18.
Since you are a minor, you cannot legally enter into a contract on your own surrounded by the USA.
I think the right answer is "No."

In California, adjectives real estate contracts hold to be in writing. A 14-year-old cannot sign a valid contract. (Gotta be 18) Thus I ponder a contract to purchase real property by a 14-year-old would be invalid.

Think of it this way- what if you required to sell me the house? If you're not 18, I'd not be confidant you have the ability to go it.

It's not only the physical property wrinkle, it's the whole notion of a legally recognized child being competent to sign a contract.

If you find a legal entity prepared to act on your behalf, that's another event. Parents are one option, a guard or attorney acting as trustor for the trustee (child) might work. Too many variables and unknowns at this point. Sorry.
i would reason no. but could be wrong. to buy a house, they would probably want to see a stable income (which i don't see how a 14 yr old is working that much), also bottom it on a credit report, and again, a 14 yr old probably doesn't own any established credit. I think you own to be at leat 18 also.

but like i said, i don't know. these are purely my thoughts.

enjoy man young. finish arts school. being an developed sounds very exciting, but anyone a student is so much easier! i wish i could jump back to dignified school, so i didn't own to work and pay bills and adjectives that jazz that comes with middle age
Real estate could be in trust (you hold a legal guardian who is effectively within charge of it for you until you are an adult). Alternatively, if you were an emancipated minor, you'd be given the rights to hold TRUE estate. You probably wouldn't have that step through, however.

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