0
Just talked with the Hasbro experts. My daughter had all 3 reds. Two of the reds were mortgaged. Her sister landed on the only red that was not mortgaged. The answer is YES she gets to collect double the rent for the red that was not mortgaged that her sister landed on. Hope this helps!
What else can I help you with?
Can you collect rent on mortgaged property in Monopoly?
Yes, in the game of Monopoly, you can collect rent on mortgaged property.
For monopoly if your in jail do people have to pay if you land on there property?
Yes, players in jail can still collect rent from others if they land on their property. The player in jail cannot collect rent while in jail, but the owner of the property can still demand rent from the other players who land on it.
Do you collect rent when you land on a property in Jail in Monopoly"?
No, you do not collect rent when you land on a property in Jail in Monopoly.
How long can you mortgage property in monopoly?
when its your turn you can mortgage a property so long as you own the property and it has no houses or hotels on it. to mortgage it you just flip the card over and take from the bank however much it says the mortgage is worth (this is always half the value of the street). people who land on your street when it is mortgaged do not have to pay the rent. you can unmortgage your street when it is your turn again and if you sell or trade the street to another player when it is mortgaged then that player must adopt the mortgage and pay it themselves.
Can you sue a property manager if he does not collect rent?
Generally there is no point in suing a property manager for not collecting rent. It should be noted that the tenant is responsible for paying his rent on time. It is not the responsibility for the landlord to collect the rent. If the landlord does not collect rent and the tenant should send it to the landlord by mail or in person.
What is assignment of rent?
When you rent out a mortgaged property, you may have to sign over an Assignment of Rent agreement to the lender. By doing so, you authorize the lender to collect rent on your behalf if you default on the mortgage.The Assignment of Rent provides an additional security to the lender in case you default on the loan. The lender will use the Assignment of Rent only when you default on the loan. Through this agreement, he will be able to collect rent payments on your behalf till the end of the lease period and recover the unpaid loan balance. Any extra cash collected by the lender will be returned to you. Once the debt is fully paid off, the assignment of rent will become null and void.
Can you collect rent while in jail?
No, you cannot collect rent while in jail as you are not able to manage your property or financial affairs while incarcerated.
Does a landlord have the right to collect rent on a home with a notice of default?
As long as the landlord is in legal possession/ownership of the property and as long as you are residing on/in his property, yes. His notice of default has no legal effect of putting a "stay" on your payment of rent.
How does a player collect rent when their opponent lands on their property in the game of Monopoly, specifically when the opponent is in jail?
When a player's opponent lands on their property in Monopoly, the player can still collect rent even if the opponent is in jail. The opponent must pay the rent to the player as usual, regardless of their current location on the board.
What is the cost of rent for landing on a property with a full color set in Monopoly?
The cost of rent for landing on a property with a full color set in Monopoly is typically double the base rent amount.
Should you continue to pay rent if homeoner is in foreclosure?
If the landlord still has control over the property he can still collect rent-- and evict you if you don't pay.
Do you have to pay rent when you land on a property when the owner of the property is in jail in baconopoly?
Following the standard rules of monopoly, a player may still collect rent as usual while in jail. They may not, however, collect their passing-go money, if going to jail would take them past it.
