House sale transfer
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House sale transfer

The house bond

If payment of property investment rent was guaranteed by a surety contract, the principle is that the house contract is forwarded with the property lease, as an accessory, unless the security had said it was reserving its commitment to the sole owner of places the signature of the contract. To avoid any discussion, some surety contracts contain a clause stipulating that the commitment of the house deposit will be automatically forwarded to the new property owner in case if the owner wants to say sell my house fast for the sale of the property.

Note: If the bond does not meet the new owner, he can not claim a new security to the tenant. Again, the house lease with the purchaser continues to previous conditions and may want to sell house quickly.
Insurance against unpaid rents

If the house seller who says buy my house had taken out an insurance against unpaid rent, the insurance contract is necessarily terminated and it can not be transferred to the purchaser, whether conventional insurance unpaid rent, also known as Guarantee against outstanding rent (GLI) or rental guarantee risk (LRG).
If desired, the buyer obviously has the opportunity to sign a new contract of insurance, provided that if purchased GLI with the same insurer for guarantees, there will be no grace period respect and will be covered immediately. If the tenant is eligible for LRG, there is never a grace period to comply. The buyer can benefit from the outset of a hedge against unpaid rent.

The continuation of Lease

The contract continues with the new buyer. But beware, unless otherwise stipulated, the buyer can not act against the tenant for unpaid rent prior to the sale, except as provided in the deed of subrogation rights of the seller the benefit of the purchaser

 

 

 

 

 

 

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Stop Hair Loss,Grow Hair Naturally