Not exact matches
Similarly, when it comes to navigating what can
often be a long and confusing
contract, be sure to have the paperwork checked over by your real
estate agent and a lawyer.
Institutional homeowners (like real
estate investment companies)
often have two - year lease
contracts that can be extended for up to four more years after the initial lease term.
Options
contracts are
often used in securities, commodities, and real
estate transactions.
Disagreements
often arise over breach of
contract (i.e., one party did not keep its side of the bargain), but other areas breed disagreements as well, such as real
estate, unfair business practices, or intellectual property.
The purchase and sale
contract or an affidavit stating its material terms and stating that it is still effective, or both, could be recorded in the real
estate records of the county where the property was located prior to closing, but it would be highly usual to do so absent a clear indication that a breach was imminent (because it is very rare for this to happen since the consequences are clear and it is so
often an open and shut case) but it could come up if the seller believes that a condition under the original
contract was breached and the buyer disagreed.
The proceeds of a life insurance
contract are payable immediately, allowing heirs to take care of
estate duty liabilities, funeral costs, and other debts without having to liquidate assets,
often at a fraction of their true value.
«Besides explaining
contracts and finances, I'm
often teaching people the difference between a real
estate agent and a REALTOR ®.»
Often in real
estate it refers to the Purchase
Contract, though it could also refer to the many other documents involved in a purchase or sale of property.
The impact of paper Consider for a moment, the amount of paper the average real
estate agent handles during a single typical transaction, from the marketing materials and
often hardcopy of a CMA at a listing presentation, to the
contract, addendums, title, appraisal and documents at the closing table, the stack of paper would likely be as thick as an old telephone book for a major city!
The monthly survey, based on responses from more than 3,500 REALTORS ® about their latest transactions, examines what real
estate pros are seeing most
often in
contracts.
Find out what your fellow real
estate professionals are seeing most
often in
contracts and what's most likely to delay settlements.
Licensees entering into limited dual agency
contracts with clients
often do so by using the Limited Dual Agency Agreement made available by their real
estate board.
In real
estate the principal may be the buyer or seller of real property represented by an agent or REALTOR ® who creates a
contract for the purchase or sale of the property to or from a third party,
often called the customer.