I guess it depends on what the sunset clause actually stipulates, but I found this definition on Answers.com:
http://www.answers.com/library/Real%20Estate%20Dictionary-cid-10085881 Sunset Clause
A provision in a sales contract that sets a date after which the agreement is no longer in effect.
Example: Since the housing market was strong and the Andersons were attracting a number of prospective buyers for their house, they insisted on a sunset clause in the contract. This provision would allow them to offer the house to another buyer should the closing be delayed for any reason.
Edinburgh Solicitors Property Centre was created in 1971.
Every contract, if properly constructed, details the steps required and the penalties to be paid, if any, in the event of a contract cancellation. There may also be a period of notification required.
Generally the foreclosing lender must notify the HOA.
Russell & Russell Solicitors in Bolton, Manchester and Chester provide legal advice on conveyancing, family law, wills and probate, personal injury, criminal defence and commercial property law.
It can take some time but depends on the firm and the pursuer. There are further steps required before a repossession (of a property) can take place. A court order has to be granted. The solicitors letter is the first step in the process for recovering a residential property, as it's slightly different for a commercial (business) property. See discussion area attached.
The main benefit of the Fife Solicitors Property Centre website is the option to subscribe to a mailing list. The mailing list will inform one when a property comes onto the market that matches ones search criterea. Another benefit is that one can keep a shortlist on their own personal page.
A land contract is just like any other contract, complete with contract law principles. No one can sell the property until either the contract is either fufilled or breached. If it is fufilled, then it becomes the property of the one purchasing the property and after they have successfully completed the contract, they then are free to sell it to whomever they wish. But, if the contract is breached, it is then still the original owners and they can do as they wish, keep the property, sell the property or find another individual willing to enter into another land lease contract. So, while the property is tied up in a land lease contract, no one can sell or buy it until either a satisfaction or breach of the contract is committed.
A property is not a contract or a business. A liability insurance policy is a kind of contract but not a business. the answer is b...
Yes. You can if you have a contract with the owner of the property. You should seek legal advice.Yes. You can if you have a contract with the owner of the property. You should seek legal advice.Yes. You can if you have a contract with the owner of the property. You should seek legal advice.Yes. You can if you have a contract with the owner of the property. You should seek legal advice.
If the contract affects the property then it is null and void and unenforceable if the owner didn't sign it.If the contract affects the property then it is null and void and unenforceable if the owner didn't sign it.If the contract affects the property then it is null and void and unenforceable if the owner didn't sign it.If the contract affects the property then it is null and void and unenforceable if the owner didn't sign it.
The entity that has the lien notifies the credit reporting agencies or the lien shows up in the land records.
You need solicitors because of you give suggestion.