Sentences with phrase «contract fails all transactions»

«If 1 of the internal transactions in the smart contract fails all transactions before that will be reversed.

Not exact matches

The House of Lords» recent ruling in Yeoman's Row v Cobbe suggests that in commercial transactions the court will be reluctant to assist a commercial party who has failed to ensure his own protection by exchanging a valid contract.

However, a Court's role isn't to protect those who fail to get proper information before signing a binding contract: «Error of law is not a cause for annulling a transaction» (Quebec Civil Code, section 2634).

If [one] wallet transaction in the smart contract fails, all transactions before that will be reversed, but on Coinbase, these transactions will not be reversed, meaning a person could add as much Ethereum to their balance as they want.»

But by offering dividends and profit - sharing they were clearly offering a security and failed the Howey Test, created by the US Supreme Court for determining whether certain transactions qualify as «investment contracts.»

A dispute arose because the language in the contract failed to specify whether the broker or the departing sales associate would compensate the individual who completed the transactions.

If a transaction fails to close as scheduled, monies may continue to be held in escrow provided there's no written demand from one party to cancel the contract.

The purchase contract stated that his agent would disburse his deposit by applying it to the purchase price when the transaction closed, returning it to the buyer if the seller failed to perform, or paying the seller if the buyer failed to perform as stipulated in the purchase contract.

Utah appellate court affirms trial court's commission award to the buyer's representative from the seller because the seller's failure to comply with the terms of the purchase contract caused the transaction to fail.

In fact, pursuant to the terms of the contract, if the loan contingency has expired and you fail to close the purchase transaction, you could lose your earnest money deposit and not have the failure of obtaining loan approval to lean on as an excuse.

When a buyer fails to meet his or her obligations under a sales contract, often times it leaves the seller wondering what steps to take now that the buyer has failed to close the transaction.

Failing to furnish a copy of any listing, sale, lease, or other contract relevant to a real estate transaction to all signatories thereof at the time of execution;

Kling Real Estate, Ltd. v. DePalma (306 A.D. 2d 445)- summary judgment motion dismissing broker's complaint affirmed; broker's suit for commission based upon two binder agreements fails where unilateral modification of the proposed contracts of sale by the prospective purchasers constituted a counter offer which the seller rejected; no cause of action exists for commission against buyer in second transaction where sellers agreed to pay the brokerage commission

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

This integrated structure allows you to receive your 1031 Exchange proceeds in the form of a Structured Sale annuity contract instead of a taxable cash distribution in the event that your 1031 Exchange transaction should unexpectedly (or expectedly) fail.