Janice is a buyer whose lease will be up before she can close on her new home. She’s writing the purchase contract today and the home is vacant. She should have a written agreement between her and the seller.
These agreements can be specific to the points coordinated by both the parties, sometimes they can be lengthy and sometimes they can be brief, depending upon the requirements. To make sure that you enter into a legally binding agreement, take help of an attorney in this matter.
In the agreement Janice, as a buyer, will have to agree in writing that she will not change anything in the house without the consent of the owner or she will have to pay for it, if the closing of the lease does not take place.
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Answer:
Limited Liability Partnership(LLP)
Explanation:
Sometimes called a registered limited liability partnership (RLLP), provides all of its owners with limited personal liability.
I have a limited expectations form you
There you go hope I helped have a nice day
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