Without language in the contract stating that the lenders must approve the offer and release all liens on the property, the seller may face a legal problem for failing to
execute the contract if the short sale is not approved, says Hollingsworth.
Not exact matches
If blockchain could be fully implemented across these parties, many of these attributes could be included in a smart
contract, thus becoming a pre-trade requirement to
execute an order rather than a downstream, post-trade check that requires multiple parties to agree.
In practice, this means that the protocol tokenizes real - world assets and uses ethereum smart
contracts to ensure that investors can
execute trades only
if they satisfy pertinent regulations, such as know your customer (KYC) and anti-money laundering (AML) requirements.
If an advisor does become subject to the new DOL rule, he or she will likely be required to comply with the best interest
contract exemption and
execute a formal agreement with the client that commits the advisor to act in that client's best interests.
If you cancel, any property traded in, any payments made by you under the
contract or sale, and any negotiable instrument
executed by you will be returned within ten business days following receipt by the seller of your cancellation notice, and any security interest arising out of the transaction will be canceled.
Execute contracts that include clear, measurable performance standards to judge the effectiveness of alternative schools,
if applicable - requiring and appropriately weighting rigorous mission - specific performance measures and metrics that credibly demonstrate each school's success in fulfilling its mission and serving its special population.
If required by the
Contracting Officer, the Contractor shall
execute a formal assignment or transfer of the claim, demand, or cause of action.
If the price does drop, the investor can
execute the put
contract.
It doesn't matter
if the buyer
executes the
contract or not.
If the market price falls below both strike prices, though, the
contracts get
executed.
The $ 100 down payment incentive is only available
if it is on the
executed sales
contract or cover letter from HUD accompanying the HUD sales
contract.
To cancel this transaction, mail, or deliver a signed letter stating to cancel any further actions on your account to: Joe's Credit Repair, Po Box 343992, Homestead, FL 33034
If you cancel during the allotted timeframe, any property traded in, any payments made by you under the
contract or sale, and any negotiable instrument
executed by you will be returned within 21 business days following receipt of your cancellation notice.
However,
if you miss that date, you lose your chance to
execute your
contract.
If the buyer
executes or assigns the
contract, you must comply.
If the stock hit $ 28, the buyer of the put would
execute the
contract.
If it
executes well, without any new
contract wins, the business should be generating close to $ 1.1 bn in revenue and more than $ 85m of earnings before interest and tax.
If the stock price decreases, the buyer may
execute the
contract.
If the market price falls to $ 30, you
execute your
contract, selling the shares for $ 40 per share.
If the stock declines, you have the obligation to act upon the
executed contract.
If it does, the buyer may
execute the
contract, obligating you to buy the shares at the higher strike price.
If he were to
execute the
contract and then turn around and try to re-sell the house he didn't want then the best case is that be paying around 6 % of the home's value in sale costs, and assuming this is a $ 100,000 - $ 200,000 home then he would be looking at $ 6,000 - $ 12,000 in sale costs.
If the stock's price didn't fall, you wouldn't
execute the
contract.
You can't decide you don't want to buy the stock - you are contractually obligated to do so
if the buyer
executes the
contract.
If in 3 months, the market price of the stock falls to $ 45, the buyer will
execute the
contract.
Although there is usually a written purchase
contract negotiated and
executed in a bank's sale of REO property and in the case of a short sale, the bank may not permit the inclusion of exchange cooperation or other assignment language in the purchase
contract if the issue first arises after the
contract has been approved by senior bank management.
If that can not be accomplished, then the QI may need to step in to
execute the
contract and acquire title to the replacement property.
If these conditions and actions they trigger arise out of a legal
contract, then the smart
contract is merely a program
executing some aspect of a
contract.
The
contract itself contains self -
executing elements which can respond to the information that has been logged on the blockchain, including for example being triggered to send a letter or legal notification to one of the parties
if certain conditions have been met.
When unintended tax consequences result from a
contract whose desired consequences, whether in whole or in part, are tax avoidance, deferral or minimization, amendments to the expression of the agreement in accordance with art. 1425 C.C.Q. is available only under two conditions: (a)
if the unintended tax consequences were originally and specifically sought to be avoided, «through sufficiently precise obligations which objects, the prestations to
execute, are determinate or determinable»; (b) «when the obligations,
if properly expressed and the corresponding prestations,
if properly
executed, would have succeeded in doing so».
If the
contract is ambiguous, fails to respect statutory standards or is
executed under duress, it will be set aside.
Although Counsel for Boliden eventually prepares draft
contracts for the purchase and sale of properties occupied by the appellants («
if certain conditions were met»), the agreements are never
executed.
These are the so - called «smart
contracts» that are pieces of computer code that are
executed if a pre-established condition occurs, such as, for example: Team A won, so those who gambled on team A are paid automatically.
Smart
contracts are
IF / WHEN / THEN agreements
executed autonomously in timely manner on the Ethereum blockchain in order to exchange money, transfer property between
contracted parties, render services for money or any other possible transaction of worth.
On the Ethereum blockchain for example, a cluster of these self -
executing contracts can create a rudimentary business (aka a DAO) that functions using the logic «
if X, then Y».
If you're interested in blockchain networks, you've probably heard of «smart
contracts» — programs that can control on - chain resources using custom logic
executed as part of blockchain validation.
Essentially, they are lines of code that will
execute the smart
contract on the network
if certain conditions are met.
An implied
contract is one where the circumstances imply that the parties have reached an agreement even
if they did not expressly agree or
if they have not
executed an obligation.
If so, then you and your agent will review the proposed
contract, taking care to understand what is required of both parties to
execute the transaction.
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
Ohio law provides no penalty to the Seller
if the Form is given after the Buyer and Seller have entered into a
contract, or even if the Form is never delivered; however, without a properly executed Residential Property Disclosure, the Buyer of the real property may have the right to rescind the Contract without prejudice even after entering into a bona fide contract with the
contract, or even
if the Form is never delivered; however, without a properly
executed Residential Property Disclosure, the Buyer of the real property may have the right to rescind the
Contract without prejudice even after entering into a bona fide contract with the
Contract without prejudice even after entering into a bona fide
contract with the
contract with the seller.
The
contract isn't
executed yet, and I will most likely wholesale it since there is no such thing as a great contractor in Chicago, so
if you want it, get on my buyers list: http://budurl.com/jeansdeals.
First and most importantly, § 5.085 (a) of the Property Code provides that a «potential seller may not
execute an executory
contract with a potential purchaser
if the seller does not own the property in fee simple free from any liens or other encumbrances.»
As the close date for the sale of your subject property gets closer (~ 2 weeks) and especially
if it's a slam - dunk transaction (i.e., the buyer is bringing cash to close / no financing), you might want to take the risk and
execute those purchase and sale
contracts sooner.
What are the ramifications
if your tenant / buyer does not
execute the purchase end of their
contract due to insufficient income or too heavy of a debt load?
Broker and Seller agree that an Electronic Signature of any document
executed through Broker's website ratification system, including but not limited to this
Contract and addendums or amendments to this
Contract, will be binding on both Broker and Seller and will be treated for all intents and purposes as
if it was physically signed.
Unless the offer to purchase expressly states that the earnest money will be refundable
if the sale does not go through, the buyer typically forfeits the earnest money in the event that the
contract is not
executed.
SELLER»S DUTIES: Seller agrees to cooperate with Broker in the marketing and sale of the property, including but not limited to:
If the Property is sold during the period set forth herein, the Seller agrees to execute and deliver a GENERAL WARRANTY DEED conveying fee simple marketable title to the Property, including legal access to a public right of way, free of all encumbrances except ad valorem taxes for the current year, utility easements, rights - of - way, and unviolated restrictive covenants, if any, and those encumbrances that the Buyer agrees to assume in the sales contrac
If the Property is sold during the period set forth herein, the Seller agrees to
execute and deliver a GENERAL WARRANTY DEED conveying fee simple marketable title to the Property, including legal access to a public right of way, free of all encumbrances except ad valorem taxes for the current year, utility easements, rights - of - way, and unviolated restrictive covenants,
if any, and those encumbrances that the Buyer agrees to assume in the sales contrac
if any, and those encumbrances that the Buyer agrees to assume in the sales
contract.
What they don't teach is that you can not enter into a
contract to purchase
if you can't
execute it.