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What if a car title has been signed by seller and buyer and then buyer backs out Can seller sell the car to someone else using the same title?
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When is a real estate contract valid?
When it has been signed by the buyer and seller.
Is the date of contract the date the seller signed?
The date the Buyer signs it.
What is next step after car title is signed by seller?
release the vehicle to the buyer
What recourse does a seller have when a buyer backs out of a signed real estate sale?
In the US, depending on the circumstances, the seller may be entitled to keep the buyers' deposit if the buyers agree or they take the buyers to court and win their case. (The listing company is not allowed to disburse the deposit unilaterally). Usually, sellers are better off just putting the house back on the market and dealing with the inconvenience. If the buyer defaults and it causes major complications for the seller in a market that is depressed, the seller can also sue the buyer for Specific Performance. This would have the court step in and force the buyer to complete the transaction.
What are the dangers of selling house on contract?
If a seller and a buyer have already signed a contract, then you have to sell according to the contract. If you want to sell to someone else not on the contract, then you have to get out of the first contract.
Is a contract valid if the buyer informs the seller that they have signed the contract yet the next day the seller tells the buyer that they are no longer accepting the offer?
The contract is not enforceable unless both parties signed it. If the sellers changed their mind and didn't sign then you don't have a contract.
When is contract between buyer and seller valid?
When it is signed, sealed (usually the word "SEAL" is just to the right of the signatures) and delivered to the seller or his agent.
Can you still sell a vehicle if the buyer and seller both signed the title without it being on the road?
yes
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.
What do FCO and ICPO in terms of international trading mean?
FULL CORPORATE OFFER TO: I, _______________________________, with full legal and corporate responsibility, and under penalty of perjury, with full knowledge of the act of fraud; and as the Seller am ready, willing and able to deliver the herein offered Goods under the following terms and conditions: Commodity: Form: Quantity: Origin: Price: Discount: Payment: Delivery Terms: FCO must be signed and sealed by the seller/seller's mandate ONLY. A FCO issued by seller or seller's mandate must have a letter stating that they have the authority to sell on behalf of the principal, and must be signed and witnessed by a public notary. 2. The Buyer/Buyer's Mandate submits a letter of intent/LOI (RWA/RWAD) and a contract. 3. The Seller/Seller's Mandate responds with the signed and sealed contract with full banking coordinates. 4. The Buyer/Buyer's Mandate signs the contract, and accepts the invitation of the Seller. The Buyer/Buyer's Mandate sends a hard copy of the contract/agreement signed by both Buyer and Seller with full banking coordinates. 5. Upon receipt of the proof of existence of goods and the certificate of authority to sell, the Buyer will instruct confirm the availability of funds to be used as payment. 6. The Buyer and the Seller agree on a window time for exchange. Dated ____________; X______________________________________ Seller Print Name:
Can a real estate broker sign the HUD 1 settlement statement for the buyer or seller at closing if the buyer or seller will not be present and has already signed the deed?
The buyer or seller can give a limited power of attorney to whoever they want to represent them at the closing. When we sold our house, we signed off on the papers a couple of days in advance and gave our lawyer PofA to sign anything else that might come up.
Who pays export tax the seller or buyer?
The seller. The seller is shipping it to the buyer, not vice versa.
