RTOHQ: The Magazine, Spring 2018
Spring 2018 39 advice is when in doubt tax it Dealers should check with their tax advisors for a definitive answer to the question in their state Conclusion L DW provisions have forged their way into the mainstream of RTO commerce everywhere but in California They provide a reliable source of additional revenue to dealers while at the same time affording protection against various perils for customers who are occasionally forced to live in high crime areas where the rental property can be at risk LDWs must be optional or else the LDW fee would have to be included in the total RTO price Some states have cautionary notice requirements to advise consumers to check to see if they have homeowners or renters insurance that would cover the risk of losing rental property The issue of how to deal with LDWs pops up from time to time in states here and there and Texas is a good example but overall the product has proven to be a good one beneficial to both parties and a staple of the RTO industry Ed Winn III is APROs General Counsel His email address is edwinn@ mwvmlaw com
You must have JavaScript enabled to view digital editions.
