Sentences with phrase «second buyer»

Dalian Wanda has brought a second buyer into a deal originally between just Sunac and Wanda.
Hollywood trade paper Variety also reported, citing sources, that a second buyer submitted a late bid for the company on Tuesday.
Benioff confirmed the effort, after I contacted him earlier today following a report that there was a second buyer also interested in acquiring LinkedIn.
If the first buyer can not comply, he is «kicked out» from his primary position, and the second buyer wins the deal.
Since short sale properties generally sell for less than market price (as compared to non-distressed properties), there have been cases where unscrupulous brokers or agents have worked on fraudulent transactions involving two buyers: one buyer buys the property at the discounted pre-foreclosure, and quickly flips it and sells it at a higher price to a second buyer they have waiting in the wings.
Shortly before the seller met with her lawyer, a second buyer submitted a higher offer of approximately $ 5.9 million, with a higher deposit and an earlier closing date.
Paul Hastings advised the second buyer, Oaktree Capital Management, fielding a team headed by London real estate head Mark Eagan.
In 719, the second buyer was directly bound by the personal claim for equitable rectification of the mistake.
The builder mistakenly also transferred to the second buyer the unit that the builder had sold to the first buyer.
But the court should have decided that the particular second buyer couldn't take the benefit of this, because the second buyer was still bound by the personal claim for equitable rectification.
• The court mistakenly decided that the Act didn't give the fee simple to the second buyer, because the second buyer wasn't bona fide.
The court should have decided that, under section 87, the Act did give the fee simple to the second buyer.
• The court rightly decided that the second buyer was bound by the claim for equitable rectification.
Many years later, the builder had 88 unsold units (some of which were rented), and sold all its remaining units to a second buyer.
Neither the builder nor the second buyer had intended to include that unit in the second sale.
The second buyer appeared saying they wanted to buy it since it had come on the market but the agent refused to show.
As they had merely duplicated the first offer (plus a commission) it was painfully obvious that the sole reason for the sale to the second buyer was to enable the executor's Realtor friend to earn a commission (a fact that the executor freely admitted).
Although multiple offers were the norm of the day because of the existing red hot seller's market, neither the executor nor the Realtor allowed the first buyer to compete against the second buyer.
In the meantime, the seller received a higher offer from a second buyer and asked me if they could cancel the first agreement.
The second buyer is then told she won the bidding at $ 602,000.
The Second Buyer purchased the First Buyer's property for $ 130,000 more than the first purchase price, and the Brokerage collected commissions from both transactions.
Both the licensees conceded that they were required to insert such a provision into the listing agreement, but argued that they had not misled the Second Buyer because he knew that the First Buyer had not yet completed his purchase of the property.
The Salesperson informed him that all of the constructed homes were under contract, and the Second Buyer was unwilling to wait six months for a home to be constructed.
The court state that the Statute of Frauds requires a writing for all real estate contracts, and so the fact that the Second Buyer knew this fact did not have any legal effect because the written contract was a binding legal document.
The Broker and the Salesperson concluded that they had no duty to disclose the Second Buyer's interest to the Developer.
I suggest negotiating out a final offer with these second buyers and their representative on the understanding that if the first offer does not close, the property will not go back on the market but will be sold to them at the negotiated price and terms.
Instead, the Salesperson contacted the First Buyer about the Second Buyer's interest.
The court also agreed that the licensees had breached their fiduciary duty to the Developer because they had put their own interest in collecting two commissions over its client's interest in possibly making its own sale to the Second Buyer.
On Jan. 1, 2008, the Salesperson met with Yishai Kedar («Second Buyer»), who was also interested in purchasing a property in the development.
The Salesperson never told the Developer about the Second Buyer's interest in purchasing a constructed home.
A New Jersey appellate court upheld discipline imposed by a real estate commission on licensees for their role in selling a new home to a second buyer before the underlying transaction had closed.
A New Jersey court has considered whether the state's real estate commission properly disciplined two licensees who were part of a plan for a second buyer to purchase a unit in a new development before the first transaction had closed.
The Second Buyer expressed an interest in the property that the First Buyer was in the process of acquiring.
Our very first REIA meeting is where we connected with our first and second buyers, and I'm sure we will be doing more deals this way.
According to Home Staging Resource, «Within fifteen seconds the buyer will develop an attitude toward your house, either positive or negative that they will be looking to reinforce throughout the rest of the home tour.»
I will either (A) accept the second buyer's offer outright, or (B) try to negotiate with the second buyer.
Letsos sued, claiming that the salesperson and New West Realty had breached their fiduciary duties by not disclosing the existence of the second buyer.
Without telling Letsos, the original seller, the practitioner resold the property to the second buyer for a $ 23,000 profit.
While any seller can entertain backup offers as a precautionary measure as long as this is made clear in the contract, this term most often crops up with short sales, since they can often fall through, and it can be helpful if a second buyer is waiting in the wings.
In the meantime, the second buyer's house sold over that weekend, co-op MLS.
The second buyer who firmed up, was only borrowing a 25k line of credit with his personal business, at TD Bank at a branch in Toronto.
But suppose the second buyer offered $ 550K but included an escalation clause that states they'll beat any other offer by $ 2,000.
The seller agent is not allowed to show the second buyer your $ 600,000 offer and ask them if they're willing to beat it because the terms of your offer are supposed to be confidential.
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