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Does the suicide of the buyer terminate the contract of sale?
no because he is an idiot
What does unbilical mean?
There is a contract for a sale but the buyer has not yet been billed.
What does unbilled sales mean?
There is a contract for a sale but the buyer has not yet been billed.
What is the contracts of sale of goods?
contract of sale of goods 'a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price'A contract of saleis a legal contract an exchange of goods, services or property to be exchanged from seller (or vendor) to buyer (or purchaser) for an agreed upon value in money (or money equivalent) paid or the promise to pay same. It is a specific type of legal contract.NAEEM SHAKIR PIA
What is the meaning of bilateral when it concerns with buying a house?
Bilateral Sale is a direct or straightforward contract of sale. It is unalterable so it binds the seller and the buyer.
What do you mean by contract to sell?
The contract to sell refers a binding legal agreement between the buyer and sell about the sale of something. The contract to sell is usually enforceable by law.
Can you sell the mineral rights to your land if there is a lien against it?
A prudent buyer would require that the lien be paid off before the sale. If not the buyer would purchase the rights subject to the lien.
What is the difference between sale agreement and agreement to sell?
AnswerA "sale" is (colloquially) a completed transaction where the only remaining duties of the buyer may be timely rejection after inspection, and the only remaining duty of seller is to honor any express or implied warranty. This assumes the full price was paid during the sale and the goods were delivered, otherwise, the sale is not technically complete.An "agreement to sell" is a contract that envisions (or defines) a future sale, thus all conditions precedent and other terms (delivery, payment, etc), continue to be "executory", that is, are yet to be fully carried out. A breach of this contract could result in a court order of specific performance, or for damages caused by the loss of the opportunity to buy or sell.DIFFERENCE BETWEEN SALE AND AGREEMENT TO SELLTransfer of property (ownership): - In a 'sale' the property in goods passes to the buyer immediately at the time of making the contract In 'an agreement to sell' there is no transfer of property to the buyer at the time of the contract.Risk of loss. The general rule is that unless otherwise agreed, the risk of loss primarily passes with property (Sec. 26). Thus in case of sale, if the goods are destroyed the loss falls on the buyer even though the goods may never have come into his possession because the property in the goods has already passed to the buyer. On the other hand, in case of an agreement to sell where the ownership in the goods is yet to pass from the seller to the buyer, such loss has to be borne by the seller even though the goods are in the possession of the buyer.
If a seller in contract agrees to pay all taxes until sale can they make buyer pay taxes instead?
No. The seller must honor the contract.
Should a house after both seller and buyer have signed a contract still continue to be shown?
No. You should not show a property that is already under contract, unless the contract falls though. Then it is for sale again. http://www.allwholesaleproperties.com
What does assignability mean in a real estate contract?
Once you have entered into a valid contract -- the buyer can "assign" ; "substitute" or hand the contract over to somebody else to fulfill the original terms that the original buyer made with the seller. Usually in a Washington state purchase/sale agreement -- there is a clause that specifies the buyer cannot do this (assign) the agreement to somebody else -- without the sellers express permission and/or approval.
What is a contract for differences in relation to finance?
A contract for differences is generally a contract between two people or different groups, often seen as one buyer and one seller. Generally stipulating that the seller will pay the difference in a sale.
