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When it has been signed by the buyer and seller.

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15y ago

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What would be a real estate example of discharge from contract by agreement?

If both parties agree that they do not want to pursue the contract for the purchase and sale of real estate they can mutually agree to void the contract.


When is a real estate contract a binding contract?

When both parties sign the buy sell agreement and earnest money is in escrow.


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.


How much do you get paid for a real estate assignment of contract?

As is always the case in anything real estate related - all things are negotiable. But generally speaking, the assignment of a real estate purchase contract is a relatively straightforward process. When an agent writes the real estate purchase contract where the buyers "name" would ordinarily go. The realtor instead puts in the phrase "Buyer Joe Blow, Or his assignee." This generally considered a 'straw buyer.' As to the monetary compensation for these actions if you're acting as the faux buyer, that appeared negotiating skills. Good Luck


What recourse does a buyer have when the seller backs out of a signed real estate contract?

If a seller backs out of a signed real estate contract, the buyer typically has a few potential recourses. They can pursue specific performance, which is a legal remedy that compels the seller to fulfill their obligations under the contract. Alternatively, the buyer may seek damages for any financial losses incurred due to the breach, such as costs associated with inspections or appraisals. It's also advisable for the buyer to consult with a real estate attorney to explore their options based on the specifics of the contract and local laws.

Related Questions

Will a real estate contract be vaild if the owner dies before closing in Georgia?

The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.


Who excutes a Texas real estate contract?

A real estate contract may be executed by the buyer and seller; trustee; attorney; builder/contractor. Any party to a real estate contract may execute a real estate contract.


What would be a real estate example of discharge from contract by agreement?

If both parties agree that they do not want to pursue the contract for the purchase and sale of real estate they can mutually agree to void the contract.


What type of lien does not have to be recorded to be valid?

Real estate tax lien


Is a real estate contract binding if no deposit is made?

Yes, a real estate contract can still be binding even if no deposit is made, as long as both parties have agreed to the terms and conditions outlined in the contract.


Is a Florida real estate contract null and void if the seller dies?

Generally, if an offer was accepted and signed the decedent's real estate is subject to the contract and the estate representative can complete the sale once they have been appointed.


When is a contract for real estate considered executed?

Upon both the buyer and the seller signing the contract.


Where can i find a Real-estate contract termination and mutual release form?

Where can I find a termination of real estate and earnest money form


Are you under contract in real estate with no document?

If the parties haven't executed a contract signed by both parties then you are not "under contract".


Is there are rescission period for a real estate rental contract in California?

Yes


What is real estate wholesaling?

Wholesaling is putting a property under contract and assigning that contract to buyer for a fee.


Can you get out of a real estate contract within 72 hours?

You need to read your contract in order to know what your rights and obligations are.