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The right to cure is a written clause in a contract or lease that permits one party to rectify a default that most likely will terminate the agreement or cause financial loss or loss of other rights. The right to cure is usually on a time limit offering a window of opportunity to the holder of the right to fix the default.

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Q: What is right to cure in real estate?
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Related questions

What kind of estate establishes the ownership of property for only the life of the owner?

A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.


What is the highest estate of absolute right in real estate is called?

Fee Simple


Who is the optionee in real estate?

The optionee is the person who pays the optionor for the right to buy a certain piece of real estate which the optionor owns.


Is this right to invest in Indian real estate market?

Indian Real Estate is very complex idea. There is no right answer for this question. You should always look into specific case and learn about its perspectives.


Is a real estate agent necessary when searching for new real estate?

No it is not necessary to have a real estate agent when searching for new property. However it is highly recommended that one have a real estate agent since it is most likely that they know the right questions to ask and what to avoid in such a search.


How can you find real estate buyers in Ottawa?

To find real estate buyers, one needs the right real estate agent. After acquiring a professional agent, then one must put up signs for the estate being sold and ads online for it.


Is real estate part of residuary estate?

If the estate is governed my a legal document, i.e. a will or trust, and there is no specific language about the real estate then the real estate would be part of the residual estate. However, it also depends on how the real estate is titled at the recorder of deeds. If the real estate states that another party has the right of survivorship or is a joint owner other factors come into play. Before this question can answered to its fullest one must determine how the property is titled.


How do you be successful in real estate?

I think the key to be successful in real estate is that you should have to make right decisions on the right time. Your eyes and ear should be open and careful regarding market value and rumors.


My present real estate agent is ineffective. Is it difficult to change real estate agents?

First, you need to review the contract that you signed to see what you committed to. As long as you follow the right procedure then you won't have problems in changing your real estate agent.


What is an estate sale of real estate?

An estate in this sense refers to the real estate owned by a decedent at the time of their death. The purpose of an estate sale is to sell the property of a decedent so the proceeds can be distributed to the heirs. After an owner of real estate has died, their estate must be probated so the real estate can be sold. The sale must be handled by an estate representative duly appointed by the probate court and that representative must have the proper authority to sell the property. An estate sale of real estate would be a sale of the real property owned by the decedent.


What is a Real State Agent?

Real estate agent - A person who is authorized and experienced in the buying and selling of real estate property. Real estate agent is provide all details about real estate property value, demands, all guidline and rules of all type of proeprty.


Does real estate need to be probated?

Most definitely real estate has to go through probate. Unless it was held with a right of inheritence, the court has to approve any sale.