Sentences with phrase «estate purchase contracts as»

Most home buyers are capable of handling routine real estate purchase contracts as long as they make certain they read the fine print and understand all the terms of the contract.
Most homebuyers can generally handle routine real estate purchase contracts as long as they read the fine print and understand all the terms.
Always write one into your real estate purchase contract as a contingency.

Not exact matches

You need a standard real estate contract as provided by your real estate agent, as well as a Fannie Mae real estate purchase addendum.
ShareWhen buying a home first and foremost we always recommend using a realtor as today's purchase contracts have just become to lengthy and complex for most non real estate professionals other than attorneys.
Home warranties or service contracts are typically purchased as part of a real estate transaction and may be renewed annually to help cover or offset the cost for repairing or replacing major appliances or systems.
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.
With seasoned judgment accumulated over 35 years of both general and specialized experience in law and business, David's practice also includes transactions advice, document drafting, negotiation assistance in such areas as real estate and business asset purchase and sale transactions, bank lending, contract review and drafting, corporate and business entity formation and dissolution.
During such time, he served as outside General Counsel and M&A counsel for domestic and international business entities and private investment and capital groups, which included negotiating and documenting purchase, sale and merger agreements and dissolutions, corporate contracts related to licensing, executive employment agreements, corporate governance, acquisition, vendor contracting, leasing and real estate property matters, and advising on loss mitigation and compliance issues.
In addition, he routinely represents main street business owners, as well as large scale companies, with business formation, corporate governance, real estate transactions (including purchase, development and leasing), contract drafting, employment manual preparation and advice and business transactions (including stock and asset purchases).
Practice Highlights His practice includes representing physicians and medical clinics in negotiating employment contracts, partnership contracts, joint venture contracts and establishment of medical corporations; representation of physicians and medical clinics in the purchase and sale of medical practices; representation of physicians, dentists, pharmacists, medical clinics, surgical centers, hospitals, clinical laboratories and nursing homes before the Illinois Department of Professional Regulation, Illinois Department of Public Aid, Illinois Department of Public Health and Federal Department of Health and Human Services in administrative license and recoupment hearings; representation of brokers and salesman before the Office of Banks and Real Estate; representation of physicians and other health care providers at internal hospital hearings involving termination or discipline of hospital privileges; representation of physicians in hearings before managed care providers to terminate the physician as a provider; representation of health care providers in criminal proceedings in federal or state court on charges related to Medicare and Medicaid vendor fraud and false claims; general and civil litigation related to medical care providers; and domestic relations.
These disputes include liability, breach of real estate purchase and sales contracts, post-hurricane repairs and rebuilding, land use and zoning litigation, environmental disputes as well as complicated corporate financing of mixed - use real estate developments.
Real estate lawyers in Los Angeles focus on financings as well as traditional real estate practice and handle the negotiation and drafting of leases, purchase and sale contracts, exchanges and construction and permanent financing for regionally based lenders, debt restructures and development joint ventures.
Drawing up legal real estate contracts such as representation contracts, purchase agreements, closing statements, deeds and leases.
Real estate sales executives oversee the preparation and approval of documents such as purchase agreements and lease contracts.
Windermere Real Estate, Location 2001 — 2005 Position Orchestrated the preparation of documents such as representation contracts, purchase agreements, closing statements, deeds and leases.
The Canadian Chartered Banks have historically been very diligent at subtracting or netting out any rebates that have shown up as part of a real estate contract (Purchase and Sale Agreements).
Are you prepared to take the stand and testify that (a) you intended to take title to the property which you agreed to purchase, (b) you did not intend to use that contract as a tool for facilitating a sale of real estate of another with the intent of receiving a commission or fee, (c) your intent in dealing with the seller was not to facilitate the sale of his real estate to another, (d) your intent with dealing with the buyer was not to facilitate the sale of the real estate of another to the buyer, (e) that the sale of real estate would have occurred regardless of your contract assignment, (f) that you performed your obligations pursuant to the real estate contract before you assigned it, creating ascertainable rights of ownership, (g) that you did not receive a commission or fee for assigning that contract, (h) that the subject matter of the contract was not real estate, (i) that the assignment of your purchase contract did not facilitate a sale of real estate you did not own for a fee that you collected?
A California court has considered whether a broker could collect a commission as damages from a personal real estate purchase contract when the seller breached the contract.
Coldwell Banker Village Green Realty v. Pillsworth (32 A.D. 3rd 568 [3rd Dept.]-RRB-- Order of the Supreme Court granting broker's motion for summary judgment affirmed; in the absence of an agreement to the contrary, the broker's right to a commission is not contingent upon performance of the underlying real estate contract, receipt by the seller of the sale price, transfer of title, or even a formal execution of a legally enforceable sales contract; seller could not utilize the provisions of a subsequently executed sales contract wherein seller agreed to pay broker's commission «if and when title closes» as a bootstrap to avoid her obligation to the broker under the clear and unambiguous provisions of the listing agreement as such language was contained in the contract of sale prepared by counsel and to which broker was not a party; provisions in listing agreement that seller would accept a binder or purchase contract contingent upon purchaser's ability to obtain conventional financing and provided any other contingencies in the binder or purchase agreement are acceptable to the seller speak only to the type of purchase offer that seller was obligated to accept and does not alter or otherwise qualify broker's right to a commission
Namazi Real Estate Corp. v. Johnson (243 A.D. 2d 396)-- broker's motion for summary judgment denied and defendant's cross-motion for summary judgment dismissing the complaint affirmed; broker failed to establish they produced a buyer ready, willing and able to purchase the property at terms set by sellers; parties were not in agreement as to the closing date, the clause entitling defendants to terminate the contract unconditionally, and the date when the defendants would vacate the premises; broker failed to establish that sellers wrongfully or arbitrarily prevented completion of a deal.
With regard to real estate, the «HUD» or «HUD - 1» refers to the document that describes all the different types of financial obligations from both buyer and seller as part of a contract to purchase real estate.
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 could include the purchase of a company that operates real estate, or the purchase of assets that, taken together, constitute a «U.S. business,» as might be the case, for example, with a purchase that includes a building, contracts and personnel used to operate the building.
But before accepting an as - is contract, have your clients consult with a real estate attorney to see what leverage they have to ask for a credit on the purchase.
Potentially you can need a signature from every single heir to an estate, so it's important to get the title company involved as soon as a purchase contract is signed.»
For example, if your Real Estate purchase contract has a standard time of 30 days for a loan commitment, consider cutting that in half to 15 - 20 days, as long as your Lender can assure you that this is possible.
The earnest money is given by the buyer as evidence that the buyer is serious about buying the real estate; earnest money allows the seller to remove that property from the open marketplace (and from the possibility of other buyers making offers — although some contracts allow for back - up offers) because the buyer is serious about purchasing the house.
Partnership Program students, real estate coaching students and mentoring students will be required to use the property address and the words land trust after the property address as the buyers name on all purchase contracts for all properties.
The commenters asserted that the amounts charged for transfer taxes vary among different State and local jurisdictions, provisions of the real estate purchase and sale contract, and transaction - specific factors, like changes in the loan amount, and locality - specific factors, such as local law or custom that determines if the seller or consumer is ultimately responsible for paying the transfer tax.
The taxes should be allocated in the applicable columns as borrower - paid at or before closing, seller - paid at or before closing, or paid by others, as provided by State or local law, the terms of the legal obligation, or the real estate purchase contract.
Commission The fee charged by a broker or agent for providing services related to a real estate transaction such as marketing the property, bringing the parties together, and negotiating a purchase contract or loan.
Adjustments that require additional funds from the consumer pursuant to the real estate purchase and sale contract, such as for additional personal property that will be disclosed on the Closing Disclosure under § 1026.38 (j)(1)(iii) or adjustments that will be disclosed on the Closing Disclosure under § 1026.38 (j)(1)(v) can be included in the amount disclosed under § 1026.37 (h)(1)(vii), and because the amount disclosed is a sum of adjustments and other credits, such amount would reduce the total amount disclosed.
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