Sentences with phrase «binding sales agreement»

In addition, there is the requirement of preparing a legally binding sales agreement.

That's because there has to be a certain percentage of binding sales agreements before the builder can break ground.

Either way, even with no further upward movement, the family in this example, were they to enter into a binding sale agreement without confirming their qualifications would not be able to re-enter the market at the same price point.

Not exact matches

Silver Lake Resources has entered into a binding heads of agreement with a private consortium for the sale of its Lakewood Mill near Kalgoorlie for $ 5.5 million.

Livingstone, who continued to work with Getty well after the iStock sale, was bound by a non-compete agreement until last year.

The agreement becomes a binding purchase offer and sale once all parties agree to the terms and conditions; the buyer does due diligence inspecting all aspects of the business operation; and all contingencies are removed.

Rio Tinto has reached a binding agreement for the sale of its 80 per cent interest in Northparkes to China Molybdenum Co., Ltd. (CMOC) for US$ 820 million.

SEMA and Save the Salt say they want the BLM to immediately enact a binding agreement that will ban bagged salt sales and demand a permanent agreement for «mass balance» salt replenishment, an operation that should happen in the fall to give the Flats a real chance to recover.

in other words to author a piece of writing and distribute it, print it, wrap it and sell it as you yourself see fit, even by mutual agreement with an outsourced company that offers specific dedicated services such as printing, binding, distribution, packagaing, marketing or any such service, not by the decisions of any other entity but by your own choice as you yourself see most convenient... and if in exchange for services rendered you split the revenue consider it as credit with interest paid on sales... so yes if you are an independent author you are allowed to leave the publishing and distribution to people that get paid to publish and distribute and marketing to marketers and sales to salesmen... but you must above all author independently.

Whether you're buying a new detached home or a condo, the purchase agreement is the legally binding document that spells out what you're getting and the conditions of the sale.

Your purchase offer, if accepted as it stands, will become a binding sales contract — also known as a purchase agreement, an earnest money agreement or a deposit receipt.

A sale contract is a legally binding agreement between the seller (dealership) and buyer (you).

Real estate purchase contract: Also known as an agreement of sale, a legally binding agreement between buyer and seller stipulating the terms and conditions of the sale of a real estate property.

[57] When the conference failed to reach a binding, meaningful agreement, Tuvalu's representative Ian Fry said, «It looks like we are being offered 30 pieces of silver to betray our people and our future... Our future is not for sale.

The New York Court of Appeals issued a decision holding that when two parties agree to the material terms of a sale, the parties have entered into a binding agreement, even though the sale remains subject to the execution of a written sales agreement.

They also create a binding agreement between the buyer and the seller, and lock in a purchase / sale price.

Only if the right of first refusal was not exercised, would the agreements of purchase and sale become binding.

Oh but wait, most of that info is several months old since only closed sales are registered and usually weeks after closing and a typical closing is 60 - 90 days from a binding agreement.

I would even question if when a buyer doesn't have representation and Full Agency Disclosure, if a Purchase and Sale Agreement is legally binding — from a «meeting of the minds» perspective!

He says, «any rental lease must supersede the potential sale agreement and the new owner must be bound by the conditions of the lease.

For example, if one sales representative did not initial it would have no affect on the binding agreement.

Tip: Keep in mind that the purchase contract on a short - sale property is a legally binding agreement once the earnest money has been deposited.

A federal appellate court has considered a broker's various attempts to receive compensation from the sale of a parcel of land for which the broker was never able to produce any prospects who entered into a binding purchase agreement with owner.

Once accepted by the seller and buyer, a Contract of Purchase and Sale becomes a binding agreement that creates certain responsibilities that each party has agreed to accept and / or perform.

to appeal den., 95 N.Y. 2d 759)- where broker's original agreement was validly terminated prior to the contract that led to the subject sale, any other agreement between the parties for the payment of a brokerage commission would be governed by the Statute of Frauds and the broker's claims are barred since the broker has not alleged, in connection with the alleged subsequent agreement, the existence of some writing evidencing defendant's intention to be bound; since alleged subsequent agreement is void by reason of the Statute of Frauds, broker can not use the same alleged promises as a basis for a cause of action sounding in quantum meruit

Mautner - Glick Corp. v. Dime Savings Bank (232 A.D. 2d 235)- broker not entitled to commission where buyers introduced by broker elected not to sign sales contract and therefore were not ready, willing and able buyers; broker not entitled to commission where same buyers successfully bid for same property at a foreclosure sale the next day; broker bound by brokerage agreement signed by its agent; broker not entitled to commission where brokerage agreement conditioned entitlement to a commission upon the buyers» execution of an assignment agreement and the assignment actually being made where neither condition is fulfilled.

Sales Contract (Purchase Agreement): The legal document contractually binding the terms of Buyer's and Seller's agreement to sell / purchase real estate, usually completed by the real estate agent and signed by botAgreement): The legal document contractually binding the terms of Buyer's and Seller's agreement to sell / purchase real estate, usually completed by the real estate agent and signed by botagreement to sell / purchase real estate, usually completed by the real estate agent and signed by both parties

• Understanding a Contract • Listing Agreement • Buyer / Brokerage Agreement • Residential Contracts • Contract Clauses • Seller Disclosure • Digital vs. Paper Contracts • Verbal vs. Written Contracts • Binding vs. Non Binding Contracts • Contracts for Land • Foreclosure / Short Sales • For Sale By Owner • Residential Leases • Commercial Leases • 1031 Exchanges — The Basics • Minimum Services

79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained

Ensure that a business lawyer drafts offers, letters of intent (binding or non-binding), and the final purchase and sale agreement.

What the Offer Contains The purchase offer you submit, if accepted as it stands, will become a binding sales contract (known in some areas as a purchase agreement, earnest money agreement, or deposit receipt.)

Exceptions will be made to satisfy a binding purchase and sale, financing or refinancing agreement where a mortgage insurance application has been made before July 9, 2012.