Lease of Mobile Home Not Canceled by Sale

Question: We moved to Surprise and listed for sale our mobile home, which is on a leased lot in a Wickenburg mobile home park. We would like to find a tenant for our mobile home for a few months until we can find a buyer. But most prospective tenants have said they want at least…

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CC&Rs Can Be Amended to Prohibit Short-Term Rentals

Question: There is so much information on the Internet about whether the CC&Rs of a community can be amended to prohibit short-term rentals. Just answer “yes” or “no,” please. Answer: Unfortunately, there is no absolute “yes” or “no,” as it depends on the language in the CC&Rs. The CC&Rs of most communities, however, can be…

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Using Letters Of Intent In Real Estate Transactions

Question: We want to rent a 7,000-square-foot home in Paradise Valley for two years for $12,000 a month. The owners live in Boston, and their attorney has drafted a letter of intent (“LOI”), which has been signed by the owners and forwarded to our rental agent for us to sign. Our rental agent says that…

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