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When it is signed, sealed (usually the word "SEAL" is just to the right of the signatures) and delivered to the seller or his agent.

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What does assignability mean in a real estate contract?

Once you have entered into a valid contract -- the buyer can "assign" ; "substitute" or hand the contract over to somebody else to fulfill the original terms that the original buyer made with the seller. Usually in a Washington state purchase/sale agreement -- there is a clause that specifies the buyer cannot do this (assign) the agreement to somebody else -- without the sellers express permission and/or approval.


What does Rugmark logo mean?

The GoodWeave logo has replaced the RugMark logo as the label representing the certification program and organization assuring that only adult artisans-not children-made your beautiful rug. Rugs shipped before August 2009 bearing the RugMark logo may still be for sale from some retailers and showrooms, and that certification remains valid. The label assures a buyer that the rug was made by workers of legal age through inspection of looms and legally binding contracts with rug-making facilities.


What is a valid customer service phone number for rockport shoes?

The valid customer service phone number for Rockport Shoes is typically 1-800-762-5767. For the most accurate and up-to-date information, it's always best to check their official website or contact them directly.


What do you need to set up before you upload a valid values list?

A structural container for the VVL I want to upload.


What is the UCCs concept of an offer?

Under the Uniform Commercial Code (UCC), an offer is defined as a proposal by one party to enter into a contract with specific terms, which indicates the offeror's intention to be bound upon acceptance by the offeree. The UCC allows for some flexibility in the terms of the offer, meaning that an offer can be valid even if it lacks certain details, as long as it provides a reasonable basis for determining breach and remedy. Additionally, an offer can be made in various forms, including verbal, written, or through conduct, and must be communicated effectively to the offeree.

Related Questions

When is a real estate contract valid?

When it has been signed by the buyer and seller.


Is a contract valid if the buyer informs the seller that they have signed the contract yet the next day the seller tells the buyer that they are no longer accepting the offer?

The contract is not enforceable unless both parties signed it. If the sellers changed their mind and didn't sign then you don't have a contract.


Is a contract valid if the buyer signs as seller and seller signs as buyer?

Yes, but it would have to be because both parties agreed to the correct identities and this would need to be with an appropriate notation/addendum raised by the two lawyers involved and with all four signatures added to it.


Who signs the contract first the seller or the buyer?

Typically a real estate contract begins with a written offer from the buyer. The offer, to be official is signed by they buyer. From there there seller may make amendments and sign and amended contract, that needs to be approved and the changes are either initialled by the buyer and the seller or a new contract containing agreed upon amendments is resigned by both parties. The signing continues until a final agreement with all agreed changes has been signed by both parties. For further information, see the related link below.


What does assignability mean in a real estate contract?

Once you have entered into a valid contract -- the buyer can "assign" ; "substitute" or hand the contract over to somebody else to fulfill the original terms that the original buyer made with the seller. Usually in a Washington state purchase/sale agreement -- there is a clause that specifies the buyer cannot do this (assign) the agreement to somebody else -- without the sellers express permission and/or approval.


Binding contract buyer sign and co-buyer don't sign is the contract void?

If the contract was supposedly made for a co-signer and lead signer then no, it would be non-valid if not signed by both parties.


Once a contract is signed can the dealer increase the price and void your original contract?

If you have both signed the contract and it is legally valid, then NO, the seller cannot change the terms of the contract or unilaterally void the contract (unless the contract states that the seller is allowed to do this). If you are in doubt, you need to talk to a lawyer ASAP.


Is a contract valid if earnest money is not provided?

In most cases, a contract is still valid even if earnest money is not provided. Earnest money is not required for a contract to be legally binding, but it can serve as a sign of good faith from the buyer.


What happens if the buyer does not accept the counter offer?

If the buyer does not accept the counter offer, the original offer made by the seller remains valid and the negotiation process may continue or the buyer may choose to walk away from the deal.


What is the purpose of a real estate good faith deposit and how does it protect both the buyer and seller in a real estate transaction?

A real estate good faith deposit is a sum of money paid by the buyer to show their commitment to purchasing a property. It protects the seller by ensuring the buyer is serious about the transaction and compensates the seller if the buyer backs out without a valid reason. It also protects the buyer by giving them time to conduct due diligence on the property before finalizing the purchase.


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.


If you have put your house on the market and have a buyer who has signed contracts and place a deposit but now you want to withdraw the house from seller cn you do this now?

Once you have accepted an offer then there is a valid contract. If you do not complete the transaction the buyer could sue you for specific performance which means they can force you to sell them the home. That is worse case scenario but it could happen. ----