Not exact matches
In those cases, the
buyer files a complaint
against the
seller.
In such cases, the C - corporation
seller should be prepared to sign legal documents that will indemnify the
buyer against a range of liabilities.
Margin accounts are a big part of buying and selling futures contracts, which allow
buyers and
sellers to protect themselves
against price volatility.
In sovereign debt and, to an even greater degree, corporate bond markets, liquidity hinges in large part on whether specialised dealers («market - makers») respond to temporary imbalances in supply and demand by stepping in as
buyers (or
sellers)
against trades sought by other market participants.
This pits the valuation techniques of the
buyer against the selling skills of the
seller.
Under the free market system, these four main
buyers pit 25 million
sellers against each other, creating a race to the bottom.
With RealDeal,
sellers can show
buyers how their price competes
against the prices of matching vehicles for sale in their area.
• VA Funding Fee — A fee paid by a
buyer or
seller to insure the lender
against loss through default on a VA loan.
Special Warranty Deed A deed that protects a property
buyer from any claims
against the title that arose during the
seller's possession.
In this way,
buyers and
sellers are protected
against the possibility of contract default.
Appraised value is often used directly by mortgage lenders to make sure a loan issued
against the property is not inflated and to prevent fraud from
buyers and
sellers working in collusion.
I would advise clients to always obtain their own inspection report as I believe there was an Ontario court ruling some years ago that a
buyer can not rely on an inspection report prepared for a
seller and therefore there is no recourse
against the inspector and no fiduciary duty required from the
sellers inspector.
The Fair Housing Act (1968)-- A part of the historic Civil Rights Act of 1968, the Fair Housing Act forbid
sellers and landlords from discriminating
against prospective renters and
buyers based on protected class characteristics such as race, sex, marital status, national origin, religion and others.
the realtor would not know that neither
buyer's home inspector to look for it... I won't use harsh wordings
against this realtor... I would blame the
sellers if they new about it and hide it.
The only way to protect yourself
against these bogus claims is to get a valid proof of delivery — to qualify for eBay's
seller protection, you need «online documentation from a postal company» that has «delivered» status, the date of delivery and the
buyer's address.
In today's strong market, some
buyers are considering waiving inspection contingencies to make their offers more appealing to
sellers, but industry professionals generally warn
against this.
Fair Housing Act: An act created by the federal government that makes it illegal for lenders,
sellers, agents, brokers, and anyone involved in the sale or purchase of a home to discriminate
against a
buyer for any reason.
With respect to a consumer credit sale, an assignee of the rights of the
seller is subject to all claims and defenses of the
buyer against the
seller arising out of the sale, notwithstanding an agreement to the contrary, but the assignee's liability under this section may not exceed the amount owing to the assignee at the time the claim or defense is asserted
against the assignee.
In a consumer credit sale, the
seller may not take as evidence of the obligation of the
buyer, a negotiable instrument other than (1) a check; or (2) a promise or order containing a statement, required by applicable statutory or administrative law, to the effect that the rights of a holder or transferee are subject to claims or defenses that the issuer could assert
against the original payee.
On the other hand, does the
buyer have any protection
against the
seller breaking the contract?
Juicy Excerpt # 1: Buy - and - Holders are going
against the herd by being net
sellers in bull markets and net
buyers in bear markets.
Despite having a policy
against «unethical» breeders and information encouraging
buyers to «choose a responsible breeder», a lack of scrutiny on
sellers has made the Trading Post a hub for puppy factory sales.
This is to protect the
buyer and the
seller against terms that are not respected for example.
The shock in this case, for me anyway, was that there is little or no recourse for the auction house or the
seller against a balking
buyer.
In a warranty deed,
seller represents that he owns the property and has the right to sell the property to the
buyer and that no liens or claims are
against the property except those that are expressed on the face of the deed.
There was then a dispute as to completion and the
buyer registered a unilateral notice
against the
seller's registered title.
The
seller knows one property - their own - where a realtor knows how the
seller's property stacks up
against other alternatives and been through this process hundreds of times... whereas both
buyer and
seller will be working with much less experience.
If the third party
buyer takes for substantially equivalent value and had no notice of the prior purchase deal, the third party
buyer would have good title; if third party
buyer did not purchase for value or had actual or constructive notice of the prior purchase deal, the third party's title would be voidable in a suit to seek specific enforcement of the purchase and sale contract
against the
seller.
Where a
seller makes representations or warranties that the property does not contain those defects, the
buyer may have a claim
against the
seller for any losses or damages resulting from the defect.
This leaves the
buyer with an over-mortgaged property and the
seller with $ 150,000 in cash plus a VTB for $ 250,000, which is then insufficiently secured
against the property (because it is second in priority to the $ 300,000 first mortgage).
This is different because some states require privity of contract - meaning that only the original
buyer can exercise the warranty and they can only exercise
against the
seller.
Also, even if the
buyer is bound, the
buyer might have a cause of action
against the
seller for failing to disclose the lease, or
against the
buyer's attorney and / or realtor for failing to do adequate due diligence regarding the purchase.
(2) If the contract involves carriage of the goods, the
seller may dispatch the goods on terms whereby the goods, or documents controlling their disposition, will not be handed over to the
buyer except
against payment of the price.
These signatures also protect
buyers,
sellers and the Bitcoin community as a whole
against forgery.
Its Gold Investor Index measuring the number of
buyers as set
against sellers edged a bit higher to 54.6 during October whereas its silver buying fell from 52.3 to 51.6.
When the
Buyer was unable to secure financing to complete the purchase and thus terminating the contract between the parties, the
Sellers brought a lawsuit
against the
Buyer, the
Buyer's representative, and the representative's brokerage, arguing that the
Buyer had not acted in good faith in her efforts to secure financing and the
Buyer's representative had not forwarded the Amendment to the Lender.
Consequently, what also doesn't matter within the Competition Bureau's argument and pleadings, is the relativity of the amount of any commissions that may be charged
against the value of the actual property being sold, nor does the potential that a
Buyer may pay far too much for a property, or that a
Seller may not receive enough.
The moral of the story is: if you don't offer enough commission (co-op) and there is a shortfall
against what a
buyer under contract has agreed to pay, it's a problematic situation that can cost
seller's more money than they were hoping to save!
In my opinion, an unsuccessful
buyer in a bidding war could bring a lawsuit
against a
seller or brokerage who comply with an escalation clause, stating that they only put in their bid on the understanding that their bid price would remain confidential.
As a
buyers agent, I am legally obligated to attempt to obtain an SPIS, ONLY to give my client some protection
against the
seller.
But I did such a good (and thorough) showing, (building rapport with both the
seller and the
buyer) I mostly ended up with an MLS listing for the
seller if my real live
buyer decided
against it.
Also, the real estate representative, who served as representative for both
buyers and
seller, sent a statement to the purchasers indicating that they were waiving any potential claims regarding structural defects
against the listing agency, selling representative, and owner of the property.
The
Sellers settled their lawsuit with the
Buyers, and the trial court dismissed the allegations
against the Brokerage and Hopkins.
Before this two - staged, National government - enabled rebellion
against the purposes and intentions of the
Sellers» written permissions and instructions in the TREB
Seller Representation Agreement concerning distribution of the
Sellers» (and their
Buyers») Firm - Agreement - Awaiting - Completion - Date (FAACD) transactions, there was never any question about who was «client» and therefore whose interests were paramount.
Buyers should also ask to receive proof (receipts or contracts) of any preventive measures
against termites taken by the
sellers.
The
buyer then hired her own contractor to redesign the septic system and filed a lawsuit
against the
seller, Dean, the inspection company, and the construction company recommended by Dean to repair the septic tank.
The Georgia appellate court ruled that a fraudulent inspection report could serve as the basis for a lawsuit by the
buyers against their agent, the
seller, and inspector.
I'd suggest this clause to my
buyers because it is to their advantage but advise my
sellers against it because it's not to their advantage if the
buyer gets cold feet and chooses to not pursue with fulfilling the conditions.
Once the
buyer and
seller sign, without a change, the Agent has not released the
buyer or
seller and until the Agent does sign, a claim by the Agent could be made
against the
buyer or
seller, or the agents could battle each other.
First, exclusive
buyer agency agreements are contracts that are enforceable in a court just as listing agreements are enforceable
against sellers.