Archive for October, 2007
Investment Property Exchange
I bought a house a month ago.A man is living in an outbuilding claiming to have a lease for 5 years.?
The house was bought quickly as an investment.
We did not check the property properly before purchase as it is a large manor house which we intend to do up. We do not know what to do with this ‘tenant’ which we did not want. He tells us he signed a deed with the previous owner and he moved in 6 months before we exchanged contracts. Can we get rid of him? Can we sue the previous owner for his failure to tell us?Thanks.
You need to contact your solicitor. He needs to contact your vendor and verify this, and also see the so-called ‘deed’. Presumably you used a solicitor? If so, he has been grossly negligent in not finding out about this character. If you didn’t see one, get one now. You can have this person removed if he cannot prove his right to tenancy.
1031 Exchange Investment Property: What’s Ineligible
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Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market $13.45 The purpose of this book is to help readers understand the basics of stock market investing. Material covered includes the difference between stocks and businesses, what constitutes a good business, when to buy and sell stocks, and how to value individual stocks. The book also includes a chapter covering four case studies as well as a supplemental chapter on the pros and cons of real estate versus… |
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Irrational Exuberance: Second Edition $16.70 Sequels often disappoint when compared to their predecessors, but author Robert Shiller has proved the exception to the rule with his second edition of Irrational Exuberance. When the original book released in 2000, Shiller’s prescient analysis of bubble-like market behavior provided perspective on the painful meltdown of stock-price valuations that subsequently occurred. Five years later, the Yal… |
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Exchanging Up $19.99 In easy-to-understand language, you’ll learn how to: Use the Six Essential concepts that are necessary for every exchange. Build on land that you already own using your exchange proceeds from your sale (so called ‘Build-to-Suit’ Exchanges. Make improvements to the property that you’re buying or exchanging into…(Improvement Exchanges). Do construction on land that you buy in an exchange (Cons… |
