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A co-signer takes on all the rights and responsibilities of a loan along with the borrower. This means that if the borrower can’t make a payment on the loan, the co-signer is responsible.
Ohio law says Guardado is responsible for the bill because he owns the rental property and it allows government utility departments to assess the overdue charges as a lien if he doesn't pay it.
The property taxes a property owner pays are largely the result of the levies the voters have chosen to enact over time. The formula for taxation in Ohio — commonly referred to as House Bill 920 ...
The Uniform Residential Landlord and Tenant Act, also known as URLTA, is a sample law governing residential landlord and tenant interactions, created in 1972 by the National Conference of Commissioners on Uniform State Laws in the United States. Many states have adopted all or part of this Act. [1]
Security interests may be taken on any type of property. The law divides property into two classes: personal property and real property. Real property is the land, the buildings affixed to it and the rights that go with the land. Personal property is defined as any property other than real property.
Ohio House Bill 140 calls for ballot language to be written in a way that would tell voters what levies would cost the owner of a home valued at $100,000 and how much the amount the tax would ...
The tenant may want to leave the burden of upkeep of the property (mowing the lawn, shovelling snow, etc.) to the owner or his agents. There is no need to worry about lifespan and maintenance. Renting keeps off-balance-sheet the debt that would burden the balance sheet of a company in case the property would have been bought.
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