In real estate, a conditional offer is a condition of sale that is agreed upon by both the buyer and the seller. The time frame set is important when it comes to such offers because if the condition isn't met within the specified time, the agreement is void and the buyer receives the ...
A real estate purchase agreement is a binding document outlining the property sale. Learn what it is, the contents of the house purchase agreement, and more.
What is an unlimited personal guarantee? What is a personal guarantee on a commercial lease? What is personal guarantee insurance? What are the elements for a valid personal guarantee? What is escrow real estate? What is a personal guarantee agreement? How can an estate avoid a personal guarant...
A real estate purchase agreement legally binds a buyer and a seller into a home sale. Learn what's included in a home purchase agreement and more.
The Basics of Being Under Contract in Real Estate An under-contract real estate listing means the seller has accepted an offer and signed apurchase and sale agreementwith a buyer. While both parties are one step closer to completing a sale, that doesn’t necessarily mean it’s a done deal...
buy the property within a limited time. The tenant would have to pay a separate consideration for the option, in addition to rent payments in order for the option to be enforceable. That same tenant may execute an option contract during the tenancy and only sign a lease agreement up front....
A life estate is an excellent tool for securing your assets to pass on to your beneficiaries and bypass lengthy probate but it isn't the only option available. You can also create a: Transfer-on-death-deed: This deed passes real estate on to your heirs after your death. You can change...
A lease option is an agreement that gives a renter the choice to purchase the rented property during or at the end of the rental period.
Many consumers ask, what does contingent mean?” The contingent definition is that the seller has accepted a real estate contract with contingencies. Certain contingencies must be met for the purchase agreement to be satisfied. A contingent offer is widespread in most sales. However, buyers often ...
agentfor you. Many people rely on recommendations from friends and family, while others look to online reviews. While both of these scenarios work well and can land you a great real estate agent, the reason these agents rise above the others as the best of the best is because of their ...