Agreement Commercial Property With Residential For Sale In Wake
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FAQ
You'll need a certified copy of your marriage license in order to change your name on your driver's license and your Social Security card. Wait at least 10 (TEN) days after the ceremony is performed to allow sufficient time for your license to be returned to the Register of Deeds.
Yes, it is. BUT you must apply to the local Planning Authority for Change of Use. Building Control may need to get involved, due to certain residential restrictions - such as “must have two doors between the kitchen and any lavatory”.
Investment Use Requirement To qualify for a 1031 exchange, the residential property being sold must be held for business or investment purposes and not primarily for personal use. This means that the property must generate income, such as rental income, or be used in a trade or business.
Using a commercial property as a residential space This means you need to apply to change the building use from commercial to residential. While this is perfectly achievable, the first thing to consider is the type of building you're interested in.
If one building or property has two physical establishments, it can be considered a commercial and residential property at certain times. Think of a business with an apartment above it or a house with a family business operating on the same plot of land.
HOW TO WRITE A BUSINESS CONTRACT USE PLAIN LANGUAGE. The clearer and simpler your business contracts are, the better. IDENTIFY THE 5 W'S. Include all of the relevant details in your contract. INCLUDE PAYMENT INFORMATION. DESCRIBE TERMINATION PROCEDURES. INCLUDE DISPUTE RESOLUTION.
TREC does not require separate licenses for residential and commercial real estate. Most brokers, however, focus on one type of real estate, and they can obtain certification from private organizations showing that they have experience and expertise in specific areas of real estate.