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What is the meaning of consumer surplus?
Consumer surplus is what the buyer is willing to pay for a product minus what the buyer actually pays and a tax raises the price the buyer actually pays.
What makes gold price drop?
It all depends on what price a buyer will pay.
Why must perfectly competitive market always deal in commodities?
Because the buyer will not pay extra for one particular company's good. The buyer will always choose the supplier with the lower price.
What is 'concession' in real estate?
Seller concessions are buyer costs that the seller is willing to pay on behalf of the buyer like closing costs, points, house payments, etc. Also these could be extras they are willing to throw in for free like building the buyer a fence or providing window treatments.
What is the amount of goods an services a buyer willing to pay called?
The price in which customer gets a bundal of satisfaction an in whn customer is willing to pay after the bargain of the actual price set up by the retailor. . .
Can HOA pass dues of prior owner to new owner despite the fact that the new owner received free and clear title and an Estoppel Letter from the HOA?
If you have an estoppel letter stating that there are no outstanding dues or fees owed the HOA cannot pass any past due amounts on to you. That estoppel letter is binding.An estoppel letter is a legal document that outlines information regarding the current owner's financial standing in regards to the HOA, what is due and what has not been paid. It also indicates any assessments that are in progress or projected. The estoppel letter is legally binding. Negotiations often result between sellers and buyers once an estoppel letter is received and the negotiations determine who will be responsible for paying any amounts due. It is the responsibility of the buyer's attorney to make certain the buyer takes title with a clean slate.On the other hand, if the HOA is billing you for amounts due prior to your taking title that were reported in the estoppel letter then you need to call the attorney who represented you at your closing and forward the bills. Presumably, they didn't do their job. It would be a serious oversight on the part of that attorney if the outstanding fees and dues were not paid at the closing and the attorney should pay them.
Who pays for a estoppel letter?
you do!
Can an HOA refuse to issue an estoppel letter?
Yes, an HOA can refuse to issue an estoppel letter if certain conditions are not met. These conditions typically include unpaid fees or violations of HOA rules. It's important to review the HOA's governing documents to understand the specific circumstances under which they may withhold an estoppel letter.
Who prepares an estoppel letter?
Typically, the management company or treasurer of an HOA or Condo association prepares the Estoppel Letter, Form, or Certificate.
What is an estoppel fee?
The correct term is estoppel letter. An estoppel letter is prepared and signed by the HOA that states any common charges or special fees that are due on a unit up through a certain, stated date. The party that requested it can rely on the amounts owed and the HOA is legally bound by the amounts listed. HOAs do charge a fee for providing estoppel letters.
Does the buyer or the seller pay?
The buyer pays.
What is an HOA Estoppel Fee?
The correct term is estoppel letter. An estoppel letter is prepared and signed by the HOA that states any common charges or special fees that are due on a unit up through a certain, stated date. The party that requested it can rely on the amounts owed and the HOA is legally bound by the amounts listed. HOAs do charge a fee for providing estoppel letters.
Difference between buyers credit and letter of credit?
Buyer's credit is extended to finance the purchase of goods or services. A letter of credit guarantees that a payment will be received. If the buyer doesn't make a payment, the bank has to pay.
How to draft anOffer letter to purchase a vehicle?
Puspakom inspection fee agree pay by SELLER and JPJ transfer of ownership fee pay by buyer.
Does buyer pay co buyer personal tax?
YES
Is the co buyer obligated to pay the loan if the buyer defaults?
Yes
Is the co-buyer obligated to pay the loan if the buyer defaults?
Yes
