Commercial real estate contracts set the stage for every property transaction, defining who is responsible for what and how each step unfolds. Every clause, deadline, and condition matters because ...
A real estate purchase agreement is a document used in property transactions. It serves as a binding contract between buyer and seller, detailing all the essential terms and conditions of the sale ...
It's generally accepted good law that, in order to create a valid contract for the purchase and sale of real property, the agreed-upon terms must include, at a minimum, the identity of the parties, ...
Real estate contracts aren’t all the same. They are customized to meet the buyer and seller’s needs. Aside from the obvious details, such as the address, purchase price, and closing date, there are ...
While sellers typically initiate the first drafts of commercial real estate purchase and sale agreements, some larger buyers have the leverage to require use of their own form agreements. Sellers in ...
Do you wish you had a better grasp of real estate legal issues? Do you need a better understanding and appreciation of the laws and regulations that govern the U.S. real estate industry? Do you need ...
The first clause to look for is often called the “force majeure” clause. Force majeure is loosely translated to “greater force,” referring to casualties caused through no fault of the parties. This ...
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Can a seller legally back out of a real estate contract?
Selling a house can be expensive, complex and time-consuming, so it’s usually a relief to everyone involved when a deal is ...
Pace Morby is the cohost of A&E TV series, Triple Digit Flip, and runs one of the largest real estate investing communities, SubTo. If you were one of the fortunate people to invest in a residential ...
Home sellers whose listings have lingered on the market will want to know that, much like a carton of milk, a listing can expire. So what does an expired listing mean for a home seller? In a nutshell, ...
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