Don't let the real estate contingency contract confuse you. FortuneBuilders reviews 8 common real estate contingencies to help you with your next deal
BuildingWith respect to each parcel of Real Estate, all of the buildings, structures and improvements now or hereafter located thereon. Business Day. Any day on which banking institutions located in the same city and State as the Agent’s Head Office are located are open for the transaction of...
Xxxxxxxx Held as Tenants in Common. If Husband and Wife own as tenants in common, regardless of the form of conveyance by which the property was taken or acquired, any real or personal property, all s...
Don't use a that-clause after common. Don't say, for example, 'It is quite common that motorists fall asleep while driving'. You say 'It is quite common for motorists to fall asleep while driving'. It is common for a child to become deaf after even a moderate ear infection. Collins...
Imagine a massive, global, full service real estate company, let’s call it ABCD. In the first example, imagine ABCD represents your company and recently negotiated on your behalf for a new 50,000 square feet of office space. And now you want to explore renegotiating or restructuring that ...
Contracts often use liquidated damages provisions where it might be difficult to calculate the correct amount of compensatory damages. Real estate purchase agreements and construction contracts commonly rely on liquidated damages. They might be a specific sum, such as the amount of the earnest money ...
Make yourself aware of the potential impact that one tenant's eviction can have on other co-tenants, including business operations and flow of traffic, potential disputes about shared costs for common areas and utilities, exclusive use clauses and trigger clauses related to rent adjustme...
Another mistake that many people make is neglecting to carefully review and negotiate the terms of their contract of sale before signing it. This can lead to misunderstandings about what exactly is included in the sale or unexpected costs arising from unclear clauses. A property solicitor can assi...
Thai Real Estate Lawyer Answers Property Questions Jett Gunther: I am sure we can all agree that Thailand’s real estate market needs to provide much more clarity and transparency if it wants to attract more foreign buyers. That’s why I reached out to a leading law firm in Bangkok to ...
1. Multiple Listing Service (MLS) statuses refer to the different categories or designations a property can have within a real estate MLS system. 2. MLS statuses indicate the current availability, condition, and contractual status of a property listed for sale or rent. ...