Hey everyone my name is kostas ed welcome back to legal talk where we provide general legal information for the everyday landlord today I want to talk to you guys about the n12 how to use it and when to use it now for the purpose of this video we're only going to go over the basics and talk about the most common use of the end 12:4 properties no larger than a triplex and pretend it's whose lease is month-to-month the end 12 is a notice to end your tenancy because the landlord purchaser or a family member wishes to take personal possession of the property or unit you can serve an end 12 to the tenant for either of the following reasons the first reason is if you an immediate family member or a person who provides care services to you wants to move into the rental unit and occupy it for at least one year the second reason is the same as the first prefer a new buyer in other words the buyer or the immediate family members of the caregivers could take possession if you are giving this notice for the first reason you have to either pay the tenant one month's rent on or before the termination date or offer them an alternative agreeable place to move when compensating the tenant it must be paid on or before the termination date and the notice I recommend paying on the termination date and a cash for keys manner to avoid having paid your tenant to only later have them refuse to leave now on the other hand if you're asserting the tenant for the second reason you're not required to pay the tenant any compensation but it must be indicated as part of your purchase of...
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About N12 Form
I do not have a comprehensive knowledge of every form used globally, but I can give a general answer to this question . The N12 form, which may vary by country or jurisdiction, is a document required by some government agencies for certain types of transactions. It may be used to declare the transfer of ownership or title of a vehicle, boat, or other piece of property. It may also be used in some cases to declare the destruction or disposal of a vehicle or property. The exact purpose and requirements of the N12 form may vary depending on the jurisdiction and the particular transaction being performed. Generally, the N12 form is required by individuals, businesses, and organizations that need to provide proof of ownership or disposal of property in order to comply with local laws and regulations.
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