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Attorneys Title Insurance

Javier Said:

Local real estate attorneys apparently don't need my business. Can I safely write my own rental agreement?

We Answered:

You absolutely can write your own lease agreement. The forms that shellanswerman directed you toward are fine but add the following to the lease agreement:

"See Exhibit "A" for additional provisions attached to and made a part of this lease agreement."

On the exhibit, where you will insert in plain, clear language any of the additional items; add this paragraph:

"When the terms or conditions on this exhibit conflict with the terms or conditions of the lease agreement, this exhibit shall control"

The lease need not be executed before a notary, but the document can be. Make the exhibit language clear enough that a 14 year old could read it and understand. Courts prefer this simplicity to long flowing document provisions.

Hilda Said:

if i sign as power of att.for vehicle title'after it was surrendered to bank,is it fraud?

We Answered:

If you were the owner at the time of the loss - yes. See, the bank *is* going to come after you for the difference between what your car is worth, and the loan on the car. So you're going to need that money to pay them off, and get them off your back.

Of course, you need to talk to the adjsuter, too. Becuase you don't have that car any more, they're not going to be able to get "salvage" for your vehicle. They need to reduce their offer by the salvage amount, or it IS fraud if you try to sign over a car that you don't currently own.

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