Deficiency Judgement Disclosure

SRIINVESTORS profile photo

Does anybody have a good example of a deficiency judgement disclosure I can send my attorney for my state applicablity.



Thanks



Comments(10)

  • TheShortSalePro14th March, 2006

    "deficiency judgement disclosure"

    I would think your attorney could provide verbatim the applicable statute... and tailor it for your needs.

  • Stockpro9915th March, 2006

    All the disclosures in the world will not keep you from being sued.

    That said they can go a long way towards avoiding a lawsuit.

    I would just be up front about what is involved and the possibility of a 1099 or deficiency judgement.

    Generally there is no deficiency judgement if a successful SS is obtained but there will be a 1099.

    [addsig]

  • Stockpro9915th March, 2006

    PM me with your fax number and I will send you the disclosures that we use for everything.

    And as SSp said, run it all by your attorney..
    [addsig]

  • SRIINVESTORS15th March, 2006

    440-466-0087,

    I ve got one you can take a look at to

  • Stockpro9915th March, 2006

    It is on its way, my fax is 801-747-0758
    [addsig]

  • SRIINVESTORS15th March, 2006

    that is FANTASTIC. Do you put that in conjunction with your purchase and sale agreement. I have some stuff coming your way. It is in seperate sheets, buy your was great

    Tommy

  • Stockpro9915th March, 2006

    I get it signed every time I do a deal, it is there with the purchase and sale agreement unless it is a straightforward purchase.
    [addsig]

  • SRIINVESTORS15th March, 2006

    I have tried to send the fax. It is not picking up. I am sending a one page disclosure, mine goes with the purchase and sale that alot of your disclosure covers. If you want to fax me your contact information, i can email it to you. The fax number is not picking up

    Tommy

  • Stockpro9915th March, 2006

    IM Bad! I gave you the office number.

    try 801-747-0759
    or 1-866-602-5112

    I got the 58 & 59 mixed up.

    Sorry,
    Randall

  • CHS200619th April, 2006

    Any possiblilty I can get a copy of that, fax it to 704-943-9899

    Cheers,

    JB

Add Comment

Login To Comment