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What else can I help you with?
If the lender changed interest rates a week before closing on a property sale can you cancel the contract with the seller without being sued?
If the loan and rate were conditions of the sale, yes.
Why was a car left on the property after the closing?
The car was left on the property after the closing because the previous owner may have forgotten to remove it or did not have the means to do so before the sale was finalized.
Can you break a real estate contract before closing for no reason?
If the contract is well written the answer is NO. That's the purpose of a contract. You would lose your deposit and possibly more.
What is the legal age to sign a binding contract in the District of Columbia?
The legal age to be bound in contract in any state is 18 years old; before that age you are considered in the eyes of the law to be an infant. One can still legally contract with an infant or minor, but the contract is voidable.
When did the first time home buyer credit expire?
You must have bought - or entered into a binding contract to buy - a principal residence on or before April 30, 2010.If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before June 30, 2010.
If you sign a legally binding contract do you still have to pay for it?
Yes, if you sign a legally binding contract, you are generally obligated to fulfill the terms of that contract, which includes any payment required. Failing to comply can lead to legal consequences, such as lawsuits or penalties. It's important to understand the terms before signing to ensure you can meet your obligations. If you have concerns about the contract, consider seeking legal advice before signing.
Is a listing agreement for the sale of property binding?
Yes, a listing agreement for the sale of property is generally considered binding once both the seller and the real estate agent sign it. This legal contract outlines the terms and conditions under which the agent will market and sell the property. However, the specific enforceability can depend on local laws and the terms included in the agreement itself. It's essential for both parties to fully understand their rights and obligations before signing.
Can landlord sell house that is being rented?
No. A lease is a legally binding contract that runs with a property, regardless of who owns the property. Unless there was a provision in the lease that specifically gave the landlord the right to break the lease upon sale of the property, you can compel the landlord and the new owner of the property to honor your lease. If you find that either the previous or new owner of the property is refusing to honor your lease, contact a landlord-tenant law attorney. A listing is available in your local phone book.
How do you use the word notarize in a sentence?
"Sign, date and notarize them and file for safekeeping."
Who must sign and distribute a contract before it becomes legally binding?
Before a contract becomes legally binding, it must typically be signed by all parties involved in the agreement. Each party's signature indicates their acceptance of the terms outlined in the contract. While distribution of the signed contract is important for record-keeping and ensuring all parties have a copy, it is the signatures that primarily establish its legal enforceability. In some cases, additional requirements, such as notarization, may be needed depending on the nature of the contract.
Is a seller required to explain the sales agreement to the buyer?
No. You can enter into any agreement whether you understand it or not. No law protects the stupid from a bad contract. It is up to the buyer to have their own legal representation when purchasing real property. The buyer's attorney should be on hand to review any P&S Agreement before it's signed binding the buyer to the terms of the contract.
If you are under age 18 can you buy a car with a co-signer?
No, you can not enter into a legal binding contract until you are 18. Before you are the age of 18 you are still considered a minor and if you did sign a contract on a car it would be considered void.
