All Forum Posts by: Ronald Rohde

 Unlikely, but depends on the value of the land, location, etc.

In my experience, you're bound by your insurance requirements. If it specifies bonded, licensed commercial contractors for XYZ type of job, then yes, you run the risk of not being able to collect if said contractor destroys your building.

In your example, I would probably let it slide if i self managed, I would not however, let a property manager or tenants use anyone who was not insured, bonded, etc.

I wouldn't do it

 An NDA is to discourage parties from sharing confidential information, using information for trades or business, etc. Often has liquidated damages and consent to an injunction.

Non compete is to provide penalties for competing in the same or similar field. Employees or partners in a venture, etc.

The broker just needs exclusivity in representation or needs to send the seller notice of representation to get paid. Its a simple contractual agreement, but nothing to do with an NDA/NC. Hope that clarifies things (from a technical perspective!)

Ron

Good luck, are you hosting Stubbs or Pecan Lodge?

Getting investor's time on a holiday weekend is a very pricey proposition.

 Are you referring to a Non-Disclosure Agreement or Non-Compete? If so, those wouldn't be appropriate for a broker. 

Brokers can ask for anything, you don't have to sign such a long agreement. Sign shorter duration or find a new broker.

Signage up? Thats the biggest, easiest bang for buck

I'll go against the grain and consider offering a lower price. Threaten termination but realistically this Seller is never going to get his ask price. 

Nothing to lose by trying to fair a reasonable price. My $0.02

Such an entertaining thread. I would sign any of these leases and then try to define "unregistered" or balls of hair? Can I dispose of clumps of hair?