Sentences with phrase «formal sale agreement»

On appeal the court held that the «offer» by the chain was merely a promise to purchase and not a formal sale agreement.

Not exact matches

An up front agreement is a formal or informal oral contract that you and your prospect both agree in which you both agree to give each other a clear decision - yes or no - whether you want to take the next step in the sales process.

Rubber recycler and manufacturer Reclaim Industries says it will raise $ 2 million to provide funding for its proposed $ 3.8 million takeover of cloud - based recruitment business Skills Connect and has placed a formal share sale agreement to the company.

No offer will be deemed as accepted by Capital Bank, and no contract will exist between Capital Bank and any buyer until a formal Purchase and Sale Agreement has been executed between Capital Bank and the buyer.

More specifically, the original buyer enters into a formal Agreement of Purchase and Sale with a builder, and then allows another person — who we will call the «new buyer» — to step into his or her shoes through what is legally known as an «assignment» of that original agreement or offeAgreement of Purchase and Sale with a builder, and then allows another person — who we will call the «new buyer» — to step into his or her shoes through what is legally known as an «assignment» of that original agreement or offeagreement or offer to buy.

«Undoubtedly, the non-lawyer will view the decision as authority for the proposition you can sell your home by email, even though the parties had not signed a formal agreement of purchase and sale.

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

Insurance companies will provide the buyer with coverage against the risk of loss between the time period covering (1) the execution of the sales agreement and (2) the final closing and transfer of formal title.

Bronson v. Algonquin Lodge Assn., Inc. (295 A.D. 2d 681)-- broker entitled to commission where broker establishes that owner agreed to sell its property at the full appraised value and that broker produced a ready, willing and able purchaser at the price set forth in a formal written appraisal of the property; owner, a not - for - profit corporation, fails to establish that the listing agreement violated either its constitution or Not - For - Profit Corporation Law § § 509 and 510 which govern the sale of real property, not the execution of the listing agreement

a real estate sales agreement is a formal written contract made between a homebuyer and seller.