As a newbie to Property investing, could anyone please explain this to me;
''The Vendor will provide the following special conditions to xxx purchasers:
6 month rental underwrite at market rate, as set by the Vendor's nominated agent
(a) any upside to the guaranteed amount is payable to the investor
(b) conditional upon the Purchaser appointing the Vendor, or the Vendor's nominated agent as property manager for the term of the guarantee
(c) market acceptable management and letting fees are payable by the Purchaser "
''The Vendor will provide the following special conditions to xxx purchasers:
6 month rental underwrite at market rate, as set by the Vendor's nominated agent
(a) any upside to the guaranteed amount is payable to the investor
(b) conditional upon the Purchaser appointing the Vendor, or the Vendor's nominated agent as property manager for the term of the guarantee
(c) market acceptable management and letting fees are payable by the Purchaser "
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