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Can a purchase agreement be signed first by the seller ....Is this binding?
Wiki User
∙ 13y ago
Yes, a seller can sign the agreement first, but it is not binding until all parties have signed and the signed copies have been delivered.
Wiki User
∙ 13y ago
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If seller accepts check and cashes check for purchase of a house is this binding?
In the United States, all contracts for real property must be in writing to be legal. Different states have other provisions. If the seller cashed a check without any signed paperwork attached, it may not be binding. If the seller cashed the check and there was signed paperwork, and it was legal under the laws of that area, it probably was binding.
Can buyer back out of purchase agreement after home inspection shows major deficiencies?
You need to review the terms of the contract you signed and confer with the professional who reviewed it with you at the time of your signing.
What is an agreement between two or more parties that is enforceable in court?
Contract. There are two forms of enforceable actions in court under this question: 1) A Written Contract - signed by all parties, and any amendments to the contract 2) A verbal agreement, where it can be shown there was some form of agreement between he parties, and that one or more parties took action to fulfill the terms of the agreement (action to fulfill the terms constitutes a binding contract)
What can you do if a house is purchased with a fixed rate loan and the mortgage is reassigned to another lender and that lender changes the loan to an ARM?
First of all, you signed an agreement with a fixed rate, and just because it was sold does not mean they have the right to change the mortgage agreement. If you signed a new mortgage agreement stating the new agreement then you are liable for that, but you can call your mortgage company and tell them you have a copy of the agreement you signed and, that you didn't agree to an arm. To sum it up, unless you re-signed a mortgage agreement, they DO NOT have the right to change anything just because they have baught your mortgage from your original mortgagor. Please do not let them run you over. Good luck.
What is uaf paid items penalty?
It is Suntrusts way of squeezing every unfair penny out of you that they can. And you signed the agreement allowing them to do so. It is Suntrusts way of squeezing every unfair penny out of you that they can. And you signed the agreement allowing them to do so.
How binding is a purchase agreement?
Contracts are legally binding on both parties to them.
Is a prenuptial agreement binding if it is not signed?
No, a prenuptial agreement is not binding if it is not signed. Of course, I'm not a lawyer. So, if you are in a situation where you are questioning whether or not you signed a prenuptial agreement and whether or not it is binding, please consult a real lawyer!
If seller accepts check and cashes check for purchase of a house is this binding?
In the United States, all contracts for real property must be in writing to be legal. Different states have other provisions. If the seller cashed a check without any signed paperwork attached, it may not be binding. If the seller cashed the check and there was signed paperwork, and it was legal under the laws of that area, it probably was binding.
What happens if a signed mediation agreement is broken?
is a signed mediation agreement binding if one party was forced into it
The original agreement was in writing and we have voice mail acceptance from our RE agent as evidence that the seller agreed by phone is a verbal agreement reached in a real estate deal binding in NH?
Any amendments to the original contract must be made in writing and signed by the parties to be enforceable. An offer or any discussion amounts to a proposal and the proposal must be reduced to writing. In your case, you have an agent stating that the seller agreed- not the seller. The agent's statement over the phone is not binding on the seller.
When is a house sale legally binding?
The first step that makes a sale binding is the execution of the purchase and sale agreement by both parties. You will then be bound by the terms of that agreement. Many people wait until they have signed the P&S before they retain an attorney to represent them in the purchase. However, an attorney should review the agreement before you sign.
What is definition of Real estate agreement of sale?
a binding legal agreement between buyer and seller regarding price, concession, timing, loan rates, etc. Anything that is NOT listed in the agreement is worth the paper it is printed on. IE Don't take anything verbally. Written and signed only.
Is a Virginia Residential Lease Agreement binding?
Yes, if it has been signed by the Landlord and Tenant.
Can a seller change their mind in real estate transaction?
The seller cannot change their mind once they have signed a contract unless there is some language in the contract that will allow them to back out of the sale. You need to review the terms of your purchase and sale agreement.
How can you change a signed auto insurance settlement?
You don't. A signed settlement is a legal binding agreement between you and the insurance company.
What is the sellars compensation if they buyer doesnt keep agreement to purchase?
That would depend on the laws of the country in which you live and perhaps the wording of any contract between the seller and the buyer signed by both.
How do you break a new car contract?
You can't. If you signed then you have agreed to purchase the vehicle. Your only recourse is to talk to the seller and see if they will let you out of the deal. Offer to pay them to tear up the agreement.
