Tag: Contract

Posted on 03/16/2022

What Makes a Contingency Valid? 4 Basic Rules to Follow

When making an offer on a home, a buyer may add contingencies to their contract. There are many types of contingencies that apply to myriad situations and can protect the buyer from unexpected issues in the transaction. Sellers can also add their own contingencies either on their own or in counteroffers to protect their interests in the sale....

Contingency

Contingent

+ 10 more

Posted on 06/16/2021

4 Key Elements of a Home Renovation Contract

Professionals bring the commercial-grade tools and years of experience to deliver the quality upgrades people desire. Although you and your contractor may work in different industries, written agreements help clarify the duties and expectations. One of the pitfalls of enlisting a contractor comes from miscommunication. This can lead to disagreements about the scope, details, and costs. By including...

Contract

+ 5 more

Posted on 04/28/2021

Real Estate Contracts: Reasons for Backing Out

Photo by Gerd Altmann via PixabayOnce you sign a purchase agreement, whether you are the buyer or seller, it is very difficult to back out of it. However, as a buyer, you are able to back out if your real estate agent drafts the contract properly. Real estate agents use a standard contract. That does not mean that...

Contract

Home Seller

+ 3 more