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Q: Can E1 sale take place if seller and buyer are in the same state and Consignee in other state?
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What does Contingent with No Kick Out mean in Real Estate Terms?

Contingent with no kick out means the contingency is in favor of the buyer. Even if another buyer shows up the seller will have to wait for the contingency to run its course until the seller could sell the house to the second buyer. Usually it runs for a specific time to allow the buyer to get his relocation package or confirmation of job transfer into place. This is usually only used if the seller is very sure of the buyer qualifying to purchase.


Which answer best describes an independent person who works for both the buyer and the seller between the date the purchase contract is signed and the date the closing takes place?

escrow officer, lender, real estate agent


What does Ex Work mean in shipping terms?

A trade term requiring the seller to deliver goods at his or her own place of business. All other transportation costs and risks are assumed by the buyer.


What is ddu shipment?

DDU (Delivered Duty Unpaid)Seller fulfills his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the costs and risks involved in bringing the goods thereto (excluding duties, taxes and other official charges payable upon importation) as well as the costs and risks of carrying out customs formalities. The buyer has to pay any additional costs and to bear any risks caused by failure to clear the goods for in time.


Can a person break a contract between two people on a house and sell it to someone else?

Yes, in some cases. It depends on where you are in the process, and what else is going on. If you can find any loophole in the wording of the contract, you can withdraw at or before closing. In one case I heard of, a seller backed out because he wanted a cash payment and he refused to accept a cashier's check as an equivalent. But if the loan has cleared and the buyer's name is recorded, it officially belongs to the buyer, and realistically, if that was something you wanted to do, you shouldn't have accepted the buyer's offer in the first place. Buyers put money into the process, getting a home inspection, etc., and pulling out at the last minute is kind of a mean thing to do.

Related questions

Who gets in more trouble - the seller or the buyer of drugs in an illegal deal?

the seller considering they are the ones with the drugs in the first place


What are the rights and duties of unpaid seller?

An unpaid seller has the right to get paid and the right to bring suit against a buyer who will not pay. He may have the right to place a lien on the buyer's property. On the other hand, he has the responsibility to do or deliver what was promised (in the condition it was said to be in). If there was a written contract, it may spell out other specific responsibilities.


What are the right and duty of unpaid seller explain?

An unpaid seller has the right to get paid and the right to bring suit against a buyer who will not pay. He may have the right to place a lien on the buyer's property. On the other hand, he has the responsibility to do or deliver what was promised (in the condition it was said to be in). If there was a written contract, it may spell out other specific responsibilities.


What happens when you sell stuff on eBay?

If someone place a bid on the item and there was no reserve (or the winning bid is passed the reserve), the buyer pays for the item. The seller then posts the item or sometimes the buyer collects the item. Then both the seller & the buyer can leave feedback.


How is the conversation between a mobile seller and a buyer?

The people who use mobility to sell products usually have a buyer and a seller that agree on a price. The next step is to set a meeting place and a time that is comfortable for both. Then, the buyer and seller exchange money and product and go their separate ways. In many cases it is a totally anonymous transaction.


What does FCA mean in shipping terms?

FCA - FREE CARRIER (... named place of delivery) The Seller delivers the goods, cleared for export, to the carrier selected by the Buyer. The Seller loads the goods if the carrier pickup is at the Seller's premises. From that point, the Buyer bears the costs and risks of moving the goods to destination.


What does Contingent with No Kick Out mean in Real Estate Terms?

Contingent with no kick out means the contingency is in favor of the buyer. Even if another buyer shows up the seller will have to wait for the contingency to run its course until the seller could sell the house to the second buyer. Usually it runs for a specific time to allow the buyer to get his relocation package or confirmation of job transfer into place. This is usually only used if the seller is very sure of the buyer qualifying to purchase.


What is economcs market?

In economics, a market is any place or any setup that allows a buyer to meet a seller. Goods can be exchanged for a cash settlement and the seller can make a profit.


What does Ex works mean in shipping?

A trade term requiring the seller to deliver goods at his or her own place of business. All other transportation costs and risks are assumed by the buyer.


What is the meaning of INCOTERMS FCA DUBAI?

Incoterm FCA means "Free Carrier" which means that the seller delivers the goods, cleared for export to the carrier, nominated by the buyer at the named place. Title and risk pass to buyer including transportation and insurance cost when the seller delivers goods cleared for export to the carrier. Incoterm FCA means "Free Carrier" which means that the seller delivers the goods, cleared for export to the carrier, nominated by the buyer at the named place. Title and risk pass to buyer including transportation and insurance cost when the seller delivers goods cleared for export to the carrier.


How does eBay's transactions take place?

First, the buyer either wins the auction by outbidding others or using the buy-it-now feature. The buyer then needs to send the payment via PayPal or Credit Card. Then, the seller will ship the item. Once the item is recieved, either the buyer or seller can leave feedback about the product.


If a property is destroyed before the closing takes place who takes the loss - buyer or seller?

The legal owner must cover the loss. The property should be insured by the legal owner, the seller, up until the time when the deed is recorded. The buyer has no title until the deed is recorded. Once the deed is recorded the buyer's insurance becomes operative.