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Is the 1031 exchange agreement signed by the buyer the seller and the safe harbor?
Cgehrlsm
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What is the seller's compensations if buyer does not keep his agreement to purchase real estate?
There are remedies available to the Seller if a buyer does not purchase the real estate as agreed in a written, fully executed contract. These are only available to the seller if the buyer has signed the contract and there are no limiting conditions such as a financial clause, inspection clause, due diligence period, etc. If the buyer breaches the contract the seller may sue to keep the buyer's deposit, sue for damages caused by the buyer breaching the contract, and may also sue for "specific performance" which would force the buyer to purchase and close on the real estate.
Can a real estate agent buy the property they have listed?
Yes, if certain conditions are fulfilled. IT is NOT an optimal situation for either party. In most US states the agent must have a signed disclosure that the seller is aware that the buyer (in this case the listing agent) is a licensed real estate agent and is not representing the seller's interests in the case of an agent purchasing on his own behalf. Most ethical agents regard this as a gray area, because the agents will have so much more information than a non-agent seller. Many agents will not do this type of transaction. If the seller closes and then concludes he did not get a fair price; chances are the seller will complain to the real estate commission. This will result in inquiries and a time consuming process. The best practices solution would be to cancel the listing agreement and have the seller get another agent to represent his interests.
What happens if you decide not to pay earnest money when buying a home and signed contract?
Odds are the seller won't put any effort in keeping another buyer from getting the house from under you.
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
If you take your house off the market do you owe the estate agent any fee?
Typically no but it depends on the listing agreement you signed. Read it carefully. If the listing period has expired many listing agreements state that if a person was shown your property during the time it was listed and wants to buy it after the listing has expired you may still owe the Real Estate Company a commission. Most listing agreements speak to this in the agreement with a time period - like 180 day - after the listing has expired. This is the way a Real Estate Broker protects themselves from people trying to go around them by dealing directly with the seller.
Can a purchase agreement be signed first by the seller ....Is this binding?
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.
Can a seller back out of a signed agreement to sell a car if they refund your deposit?
Not legally unless the buyer agrees to it.
Does a listing agreement need to show the seller is only a joint tenant?
Any agreement that affects the property must be signed by all the owners or it is not enforceable. It would need to be signed by all of the joint tenants.
What is a seller pursuant?
Those words have been taken from a contract or agreement out of context. Examples of their use in contract language are as follows: The Buyer will pay one-half of the closing costs of the Seller pursuant to the agreement signed by the parties on 9/01/2008. The bank has no claims against Seller pursuant to the Note or otherwise.
Does a property deed have to be signed by both seller and buyer?
Generally no, only the seller must sign unless there is some sort of agreement set forth in the deed. In that case the buyer must sign in order for the agreement to be enforceable.Generally no, only the seller must sign unless there is some sort of agreement set forth in the deed. In that case the buyer must sign in order for the agreement to be enforceable.Generally no, only the seller must sign unless there is some sort of agreement set forth in the deed. In that case the buyer must sign in order for the agreement to be enforceable.Generally no, only the seller must sign unless there is some sort of agreement set forth in the deed. In that case the buyer must sign in order for the agreement to be enforceable.
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.
i just purchased a car on monday the 6 and the same day car is not picking up speed bought it trough a private owner so what should i do?
If you signed an As Is agreement, the seller is not responsible. Try contacting the seller, he might be willing to work with you.
Why did pearl harbor cause US to get in World War 2 on the Europe side why not fight japan?
Because Germany and Japan had signed an agreement to fight together.
Which Prime minister signed the peace agreement for israel?
That depends which peace agreement your talking about. The peace agreement with Egypt was signed by Menachem Begin. The peace agreement with Jordan was signed by Yitzchak Rabin.
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.
Can companies come after you legally if credit card debt is not paid?
Of course they can! You signed a legal agreement giving them the right to come after you in exchange for loaning you money.
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.
