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If seller accepts check and cashes check for purchase of a house is this binding?
In the United States, all contracts for real property must be in writing to be legal. Different states have other provisions. If the seller cashed a check without any signed paperwork attached, it may not be binding. If the seller cashed the check and there was signed paperwork, and it was legal under the laws of that area, it probably was binding.
When do you give earnest money during the home buying process?
Earnest money is typically given by the buyer to the seller shortly after the purchase agreement is signed, as a show of good faith and commitment to the transaction.
Is a lease valid if not signed by all tenants?
In most cases, a lease is not valid if it is not signed by all tenants listed on the agreement. Each tenant's signature is typically required to make the lease legally binding for all parties involved.
Can buyer back out of purchase agreement after home inspection shows major deficiencies?
You need to review the terms of the contract you signed and confer with the professional who reviewed it with you at the time of your signing.
Does a check have to be signed in order to be valid?
Yes, a check must be signed in order to be considered valid and legally binding.
How binding is a purchase agreement?
Contracts are legally binding on both parties to them.
Is a prenuptial agreement binding if it is not signed?
No, a prenuptial agreement is not binding if it is not signed. Of course, I'm not a lawyer. So, if you are in a situation where you are questioning whether or not you signed a prenuptial agreement and whether or not it is binding, please consult a real lawyer!
If seller accepts check and cashes check for purchase of a house is this binding?
In the United States, all contracts for real property must be in writing to be legal. Different states have other provisions. If the seller cashed a check without any signed paperwork attached, it may not be binding. If the seller cashed the check and there was signed paperwork, and it was legal under the laws of that area, it probably was binding.
What happens if a signed mediation agreement is broken?
is a signed mediation agreement binding if one party was forced into it
The original agreement was in writing and we have voice mail acceptance from our RE agent as evidence that the seller agreed by phone is a verbal agreement reached in a real estate deal binding in NH?
Any amendments to the original contract must be made in writing and signed by the parties to be enforceable. An offer or any discussion amounts to a proposal and the proposal must be reduced to writing. In your case, you have an agent stating that the seller agreed- not the seller. The agent's statement over the phone is not binding on the seller.
When is a house sale legally binding?
The first step that makes a sale binding is the execution of the purchase and sale agreement by both parties. You will then be bound by the terms of that agreement. Many people wait until they have signed the P&S before they retain an attorney to represent them in the purchase. However, an attorney should review the agreement before you sign.
What is definition of Real estate agreement of sale?
a binding legal agreement between buyer and seller regarding price, concession, timing, loan rates, etc. Anything that is NOT listed in the agreement is worth the paper it is printed on. IE Don't take anything verbally. Written and signed only.
Can a seller change their mind in real estate transaction?
The seller cannot change their mind once they have signed a contract unless there is some language in the contract that will allow them to back out of the sale. You need to review the terms of your purchase and sale agreement.
Is a Virginia Residential Lease Agreement binding?
Yes, if it has been signed by the Landlord and Tenant.
How can you change a signed auto insurance settlement?
You don't. A signed settlement is a legal binding agreement between you and the insurance company.
How do you break a new car contract?
You can't. If you signed then you have agreed to purchase the vehicle. Your only recourse is to talk to the seller and see if they will let you out of the deal. Offer to pay them to tear up the agreement.
What is the sellars compensation if they buyer doesnt keep agreement to purchase?
That would depend on the laws of the country in which you live and perhaps the wording of any contract between the seller and the buyer signed by both.
