Sentences with phrase «during the term of the lease option»

During the term of the lease option, the buyer agrees to lease the property from the seller for a predetermined rental amount.

Not exact matches

• Prepare documents such as representation contracts, purchase agreements, closing statements, leases, and deeds • Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting based on current market conditions • Conduct quarterly seminars and training sessions for sales agents to improve sales techniques • Advise sellers on how to make homes more appealing to potential buyers increasing average selling prices by 16 % from initial appraisals • Evaluate mortgage options helping clients obtain financing at the best rates and terms

During the term of the option, the buyer agrees to lease the property from the seller for a predetermined rental amount.

Signature Realty, Inc. v. Tallman (303 A.D. 2d 925)-- if there is any doubt or uncertainty as to the meaning of the disputed language in a brokerage agreement, all ambiguity must be resolved against the broker who prepared it; brokerage agreement was, as a matter of law, ambiguous with respect to the issue of whether broker would earn commissions when tenant exercised an option to renew the lease and therefore broker is not entitled to commissions on rental payments during any renewal term of the lease; broker not entitled to restitution in quasi-contract because there exists a valid and enforceable written contract governing the particular subject matter in dispute; dissenting opinion finds that the brokerage agreement is clear with respect to commissions earned and payable and that tenant was obligated to pay a commission to broker at the time the rental payment was due and owing to landlord, including during renewal terms of the lease.