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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What Provisions To Review In Commercial Lease

Question: My son wants to open an 1,100 square foot frozen yogurt shop in a large Mesa shopping center. The shopping center leasing agent gave my son a 32-page lease with 7 exhibits for my son to review. My son can’t afford a lawyer to spend hours reviewing this 32-page lease and seven exhibits. Therefore,…

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