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Asked in Business & Finance
Can third party open LC on seller on behalf of buyer what is the procedure?
A third party can open the LC on the seller. This part of the transaction must be done on behalf of the buyer. ...
Asked in Craigslist
How can a person safely buy an item from a seller on craigslist?
Experts claim that meeting the seller and completing the transaction in person will prevent almost all possible mishap from occurring and the transaction will thus be secure, definite and safe. ...
Asked in Job Training and Career Qualifications, Real Estate, Real Estate Buying and Selling, Real Estate Investing
Who is a settlement agent in real estate?
Under federal law, it is the person or company that takes in the buyer and lender monies on behalf of the buyer and the evidence of title on behalf of the seller, and effects the intended transaction, upon which the evidence of title is given to the buyer and the purchase monies are delivered to the seller, plus or minus closing prorations agreed upon by the parties. Sometimes the transaction is a land exchange, or a sale-leaseback. In a short sale, it...
Does buyer or seller provide Purchase and Sale Agreement in Real Estate transaction?
In a normal real estate transaction, the buyer or his agent would present the Offer to Purchase to the seller for him to either accept of alter, creating a counter offer. If the offer is acceptable, the seller then signs it, which is referred to as Acceptance. ...
Asked in Vehicle Titles
When does ownership transfer from the seller to the receiver?
In automobile transaction, it requires a bill of sale and a signed title.
What costs are the responsibility of the seller in a real estate transaction?
A real estate transaction is negotiated, which means the costs can be split up any way that the parties agree. Typically in the US the negotiation starts with the seller offering to pay commissions for both agents involved in the transaction, but there is nothing that requires this to be the case and the parties can agree to something different if they choose. ...
Asked in PayPal
Can you buy something with paypal without money in the account?
No - you must have money in the designated account. Pay-pal is an intermediary service. They pay sellers on your behalf, and collect the money from you. If you have no funds in the account you specified - the transaction will fail, and the seller can start legal proceedings against you for breach of contract. ...
What is a principal real estate agent?
A person with a state/provincial license to represent a buyer or a seller in a real estate transaction in exchange for commission. Most agents work for a real estate broker or realtor. ...
Asked in Real Estate
Is there sales tax on real estate?
A real estate transaction may involve a transfer tax, and it can be payable by the buyer or seller, depending on the town in which the property is located. There may also be state and county taxes which is usually paid for by the seller. Check with your Realtor or attorney for details pertaining to your particular transaction. ...
Asked in Cars & Vehicles, Vehicle Titles, Ohio
If the seller of a car is locatated in Ohio and I live in Georgia do the seller need to be present to do a title transfer?
You do not have to be present the entire transaction can be done through certified mail and the vehicle can be delivered by a delivery service. ...
Asked in PayPal
Is it normal for Pay Pal to take 4 days for finishing transaction?
Yes. PayPal has to get money from your bank then move it to the seller.
Asked in Mortgages, Commercial Property, Arteries
If you sell your business but part of the sale involves a carry back loan by the seller for several years is the seller responsible for paying the commission for that portion to the broker?
The seller is responsible for all of the real estate commission regardless of whether the transaction involves carrybacks. Regardless of the financing, the seller is always responsible for the realtor fees. ...
Asked in Online Shopping, PayPal
How paypal works?
It is up to the buyer to decide in what manner they want to make a purchase. After deciding, Paypal safely executes the transaction by sending the money to the seller. Finally, it is up to the seller to decide how the money will be spent. ...
Asked in Stock Market
Is an initial public offering an example of a primary or secondary market transaction?
I believe, it is a primary market transaction. A secondary market transaction requires an intermediary between the initial seller and the buyer. Which is not the case in a initial public offering. ( It s always better to verify with an economic teacher) ...