Skip to main content

MHCO Article Topics

MHCO Legal Counsel

Phil Querin Q&A: Grandmother Baby Sitting Family From Outside Park

Phil Querin Questions & Answers
Phil Querin

Answer. I'm confused. May I assume the grandmother or her sister are at least 55 years old? If so, they qualify both as to the requirement that there be at least one occupant 55+, and as to the second person requirement. That should be the end of the age issue.

 

Phil Querin Q&A: Use of the MHCO Retail Installment Contract for the Sale of Pre-owned Homes

Phil Querin Questions & Answers
Phil Querin

Answer: That is a good question. First, to be clear for our readers, a "security agreement" is any agreement that serves as "security" on the property. For example, a trust deed is recorded on real property, and secures the promissory note. If the note is not paid, the holder can turn to the security, and sell it to satisfy the unpaid indebtedness.