Hey Landlord! Is Your Lease Legal?

Written by Mark Walters


Continued from page 1

How about repairs....

The same would apply to a requirement thatrepparttar tenant be responsible for all necessary repairs. In every staterepparttar 103001 law mandates that landlords perform certain repairs to maintainrepparttar 103002 property and keep it habitable.

Does your lease contain a clause concerning attorney fees?...

Requiring a renter to pay for all ofrepparttar 103003 landlord's legal fees and costs regardless of a court case out come would also be a lease no-no.

Most good leases have stoodrepparttar 103004 test of time and will help you avoid legal problems. Just don't ask tenants to sign it until you have read and completely understand every line ofrepparttar 103005 lease you are using.

You'll findrepparttar 103006 lease we use here...

http://digbig.com/4ckcd



Mark Walters is a third generation real estate investor and he shares his experience through two Web sites... http://www.CashFlowInstitute.com http://www.ThePowerLetter.com


The Teapot Dome Scandal

Written by John Parsons


Continued from page 1

Soon after two of his friends, Harry F. Sinclair (Mammoth Oil Corporation) and Edward L. Doheny (Pan-American Petroleum and Transport Company), were allowed to lease part of these Naval Reserves, including Teapot Dome.

It soon became known that Albert fall was spending large sums of money. In fact fall had received "gifts" from , Harry F. Sinclair (Mammoth Oil Corporation) and Edward L. Doheny (Pan-American Petroleum and Transport Company) totaling $400,000.

Hearings onrepparttar Teapot Dome oil lease began on October, 1923.

Following were a number of civil and criminal suits related torepparttar 103000 Teapot Dome scandal.

In 1927repparttar 103001 Supreme Court ruled thatrepparttar 103002 oil leases had been corruptly obtained and invalidatedrepparttar 103003 Elk Hills lease in February of that year andrepparttar 103004 Teapot lease in October ofrepparttar 103005 same year.

Albert Fall was found guilty of bribery in 1929, fined $100,000 and sentenced to one year in prison.



Founder of corporatenarc.com. corporatenarc.com is dedicated to exposing corporate and business scandals, scams, fraud and deception.


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