My landlord has put our condo up for sale, Can we break the lease early,Do we have to have viewings Phila. PA
Answers: No you can't break your lease early without permission from the landlord. The landlord is allowed to sell his property and most state laws state that the lease will follow over to the new owner. As far as showing go.yes, you need to allow viewings as long as the landlord/realtor give you advanced warning of at lease 24 hours.
No, you cannot break the lease without your landlord's consent. If the property sells, the new owner is subject to the terms of the lease until it expires and must honor it.
Unless he's targeting the sale at the investor market it would be easier for him to sell if the property is empty. As such, he may be willing to let you out early without penalty. On the other hand, if your lease is up in just a few months you should prepare now for the likelihood that he won't renew it and force you to move then. Talk to him and see what he wants to do and try to work something out.
A common clause in most leases is that you must allow showing of the property to prospective tenants or buyers at "reasonable" hours. What's reasonable to you may be quite different from what your landlord or worse, a realtor, may think. Usually if there's a disagreement then "normal business hours" usually passes the "smell test" on reasonable. Of course if you're a shift worker your "business hours" won't jive with the agents. Negotiation is the key here. Maybe the landlord takes $20 off your rent per showing as an "inconvenience fee" or you agree to allow showings on Tuesdays and Thursdays from 2:00 to 4:00 and try to have it looking decent at those times.
I've been in the situation a couple of times when buyers showed up at the door at all hours or entered the property without advance notice (usually 24 hours is required) or other such foolishness. I quickly discovered what you can do with a few old pairs of underwear, some peanut butter, and a bit of chocolate sauce! Run that though your creative mind and I'm SURE that you'll come up with something. Funny how the problem solved itself pretty quickly that way!
No, you cannot break the lease early, and neither can the landlord, without your agreement. Pennsylvania law is sadly lacking in clearly stating the rights of tenants under such situations. It is generally accepted that a 24 hour advance notice of intent to enter the premises is sufficient. You have the right to be present, if you desire, but the landlord is under no obligation to schedule showings when you ARE present.
As long as the landlord provides sufficient notice of intent to enter, you will have to allow them in. You might have a discussion with the landlord, in attempting to reach some sort of agreement where showings are restricted to a few days of the week, or on weekends, when you might be out and about.
I sold a house 12 yrs ago to a unadulterated estate broker. I newly find out that the action and mortage is till is my?
name. what can I do? What can we do to resolve this issueAnswers: Move back within.
Seriously though you should consult with a local indisputable estate attorney on this. While a deed does not technically enjoy to be recorded to preserve the owner's title it can be impossible to prove title if it isn't. At most minuscule some states require that the deed be record within a set extent of time folling a change of ownership or it is unenforceable. If that's the casing in your state, YOU are still the endorsed owner of the property.
I would hazard a guess that the "broker" may own been involved contained by an "equity skimming" scheme and tried to get rid of a Contract for Deed to a savvy buyer (or one with a virtuous attorney) who has be paying on the note since consequently with the work held in trust. If that's the armour, and the state allows that, it may be legal at least possible in a fringe sense.
But again, you really entail to consult with a local concrete estate attorney and find out what's been going on as YOU can still be held liable for the property, its taxes, and the mortgage file if they're all still within your name.
You involve to find the attorney that did the closing and have them execute a up to date General Warranty Deed unless the old one is still around.
Apparently the closing attorney never record it.
Recordig is NOT necessary to verbs ownership...so the "other" advice of moving put a bet on in will attain you arrested if the owner can find a copy of the original signed General Warranty Deed, and most predictable had title insurance to cover such an error.
All soundtrack is...is just tape. The ownership transferred on the day of the closing
How is that possible? Did you do a grasp deal and resign from? If you went thru a contract process and signed closing paperwork near a title company and a bank wired you money or give you a check then the Dutch auction paperwork should have be filed next to the courts to show the sale and the unusual owners. That's not a good position to be surrounded by, what if the Real Estate broker lost the house in foreclosure, it would effect your credit, also it in a minute makes it impossible for the Real Estate broker to get rid of the house as it does not have clear title.
Contact a authentic estate attorney and inquire on how to get this issue rectified.
You don't have need of an attorney yet.
Contact the title company that handle the transaction and ask your question. They may know how to handle this by pulling up the transaction and contacting the court house where on earth the the deed should own recorded.
Will mortgage rates verbs to topple, stay steady or rise by this time subsequent year?
Trying to determine the best time to buy - would like to own 20% down to avoid private mortgage insurance, but not sure if its worth waiting if the market make a turn around and interest rates go rear legs above 6%Answers: Rates are going up. I suspect by spring, rates will be back into the 6's.
Being waiting for the bottom of the bazaar might save a few thousand dollars, but family who waited for the bottom of the interest rates will let go much more over the life of the mortgage.
PEOPLE. RATES ARE ACTAULLY UP THIS WEEK.
I don't see 30 yr rates going much lower.
This isn't purely me talking, it's principal econ 101