Nov 20 '08, 02:34 AMI am looking to start making offers on several properties in Edmonton Alberta, Canada. It seems to be one of the best strategies for a guy like me with little to no money.
THIS IS WHERE I COULD USE SOME SUGGESTIONS!!!!!
I am trying to make two contracts for a sandwich lease option deal. DOES ANYONE HAVE ANY SUGGESTIONS FOR THE BUYER CONTRACT AND THE SELLER CONTRACT (as in, what would some strong key points be for the two). Such as, for example, for the BUY CONTRACT I would want to put certain clauses like:
>I would need to have the option to re-let and to sublet
>I would also need to have the option to assign (and or assignee)
>I would need the option to renew ( say mke it a 6yr contract)
>The seller of the property woul have to pay for maintainance up to say anything over $200[/b]
On the other side for the SELL CONTRACT:
>I would maybe rent it for one year
>The tenant could NOT sublet
>The tenant could NOT assign
>The tenant would have to pay for maintainance of anything under say, $300
PLEASE MAKE ANY FURTHER SUGGESTIONS AND ADD TO MY LIST. THE MORE THE BETTER.
THANKS
