Sales meeting on understanding the various deadlines that are contained within the Pennsylvania Association of REALTORS Standard Agreement of Sale and what role REALTORS play in assisting their clients with meeting them.
The Buyer Select Closing Agent Program allows buyers to choose their own title company. Buyers must include the Buyer Select addendum and choose a title company to enter on the sales contract. The closing agent fee is now paid by the buyer. Extensions are handled through the Asset Manager rather than the title company. Title companies must meet HUD requirements to participate.
This document summarizes key Malaysian employment laws, including the Employment Act 1955, which outlines rights for employees such as maternity leave, annual leave, sick leave, and termination notice periods. It also discusses the distinction between employees and independent contractors based on control tests, and duties of both employers and employees. Employers have a duty of care to provide a safe working environment and system of work, while employees must follow safety measures and not willfully ignore them. The document outlines procedures for lawful termination of employees.
The document discusses key concepts related to contracts for the sale of goods under Indian law. It defines terms like buyer, seller, sale, agreement to sell, delivery, and outlines essential elements of a valid contract for sale like two parties, goods as the subject matter, and price in money. A sale involves immediate transfer of ownership, while an agreement to sell involves future transfer, with ownership remaining with the seller. Breach of a condition allows treating the contract as void, while breach of a warranty only permits damages. Stipulations can be conditions or warranties depending on their importance to the purpose of the contract.
bChannels Ltd provides general terms and conditions for its business projects. Key points include:
1) bChannels can terminate or redefine a project if client-provided information is incomplete or erroneous.
2) Prices are estimates unless fixed in writing. Projects will not start until bChannels receives a purchase order.
3) Payment terms are 14 days from invoicing. BChannels can charge late fees and cease work for unpaid invoices.
4) Risk/title for goods passes on delivery/full payment. BChannels stores materials at client's expense and risk.
5) BChannels' liability is limited to project fees. It disclaims all other warranties and liability.
This document is an application form for expressing interest in purchasing a commercial unit in an upcoming project called "Urban Square" in Gurgaon, Haryana. The applicant provides basic details and encloses payment of a registration amount. They acknowledge that this does not constitute a final allotment. Key terms mentioned are that the plans are not yet approved, expression of interest can be converted to a definitive allotment subject to the developer's acceptance, and various payment installments would be detailed in the purchase agreement if allotted the unit.
The document summarizes the key principles of caveat emptor (let the buyer beware) under Indian sale of goods law. It notes that caveat emptor originally applied, but there are now several exceptions, including when goods are purchased by description, sample, for a particular purpose, or where the seller uses fraud or conceals defects. It provides examples to illustrate exceptions for purchase by description, sample, and merchantable quality.
emedia will promote client assets to relevant audiences through digital campaigns. They will create a lead capture page to collect contact details from interested parties. Copy for campaigns must be provided by midday two business days before distribution. emedia will provide a proof for approval by the next midday. Clients can add additional assets to running campaigns at no extra cost but cannot remove agreed assets once started. emedia will deliver agreed leads or inclusions and provide regular reports. Payment is due within 45 days of invoicing for cost per lead or inclusion campaigns. Cancellation with 10 days notice is allowed after 30 days, with payment only for delivered leads.
This document summarizes the rights and duties of bailors and bailees under Indian contract law. It begins by defining bailment and the parties involved - the bailor delivers goods to the bailee. The bailor has rights like taking back goods, claiming damages or lost profits. The bailee has duties to take reasonable care of goods, not use them in an unauthorized manner, and not mix goods with their own without consent. The document outlines several specific rights of bailors and duties of bailees under various sections of Indian contract law. It provides examples to illustrate legal principles regarding bailment.
The Buyer Select Closing Agent Program allows buyers to choose their own title company. Buyers must include the Buyer Select addendum and choose a title company to enter on the sales contract. The closing agent fee is now paid by the buyer. Extensions are handled through the Asset Manager rather than the title company. Title companies must meet HUD requirements to participate.
This document summarizes key Malaysian employment laws, including the Employment Act 1955, which outlines rights for employees such as maternity leave, annual leave, sick leave, and termination notice periods. It also discusses the distinction between employees and independent contractors based on control tests, and duties of both employers and employees. Employers have a duty of care to provide a safe working environment and system of work, while employees must follow safety measures and not willfully ignore them. The document outlines procedures for lawful termination of employees.
The document discusses key concepts related to contracts for the sale of goods under Indian law. It defines terms like buyer, seller, sale, agreement to sell, delivery, and outlines essential elements of a valid contract for sale like two parties, goods as the subject matter, and price in money. A sale involves immediate transfer of ownership, while an agreement to sell involves future transfer, with ownership remaining with the seller. Breach of a condition allows treating the contract as void, while breach of a warranty only permits damages. Stipulations can be conditions or warranties depending on their importance to the purpose of the contract.
bChannels Ltd provides general terms and conditions for its business projects. Key points include:
1) bChannels can terminate or redefine a project if client-provided information is incomplete or erroneous.
2) Prices are estimates unless fixed in writing. Projects will not start until bChannels receives a purchase order.
3) Payment terms are 14 days from invoicing. BChannels can charge late fees and cease work for unpaid invoices.
4) Risk/title for goods passes on delivery/full payment. BChannels stores materials at client's expense and risk.
5) BChannels' liability is limited to project fees. It disclaims all other warranties and liability.
This document is an application form for expressing interest in purchasing a commercial unit in an upcoming project called "Urban Square" in Gurgaon, Haryana. The applicant provides basic details and encloses payment of a registration amount. They acknowledge that this does not constitute a final allotment. Key terms mentioned are that the plans are not yet approved, expression of interest can be converted to a definitive allotment subject to the developer's acceptance, and various payment installments would be detailed in the purchase agreement if allotted the unit.
The document summarizes the key principles of caveat emptor (let the buyer beware) under Indian sale of goods law. It notes that caveat emptor originally applied, but there are now several exceptions, including when goods are purchased by description, sample, for a particular purpose, or where the seller uses fraud or conceals defects. It provides examples to illustrate exceptions for purchase by description, sample, and merchantable quality.
emedia will promote client assets to relevant audiences through digital campaigns. They will create a lead capture page to collect contact details from interested parties. Copy for campaigns must be provided by midday two business days before distribution. emedia will provide a proof for approval by the next midday. Clients can add additional assets to running campaigns at no extra cost but cannot remove agreed assets once started. emedia will deliver agreed leads or inclusions and provide regular reports. Payment is due within 45 days of invoicing for cost per lead or inclusion campaigns. Cancellation with 10 days notice is allowed after 30 days, with payment only for delivered leads.
This document summarizes the rights and duties of bailors and bailees under Indian contract law. It begins by defining bailment and the parties involved - the bailor delivers goods to the bailee. The bailor has rights like taking back goods, claiming damages or lost profits. The bailee has duties to take reasonable care of goods, not use them in an unauthorized manner, and not mix goods with their own without consent. The document outlines several specific rights of bailors and duties of bailees under various sections of Indian contract law. It provides examples to illustrate legal principles regarding bailment.
Building Your Database & Expanding Your Sphere of InfluenceTom Blefko
This document discusses strategies for building and maintaining a real estate database. It recommends selecting a customer relationship management tool, gathering contact information for everyone known, and continuously looking to expand the database. The key is to regularly "touch" the database through mailers, phone calls, notes, market reports, and social media to stay top-of-mind for future real estate needs. Meeting with the top 20-25 contacts individually for coffee or lunch allows focusing on building strong relationships and asking for referrals.
The document summarizes 10 market facts in uncertain economic times. It finds that while the economy is growing slowly and consumer confidence remains low, housing affordability is at a generational high. Most economists expect home values to rise in the upcoming years, though not rapidly. Recent mortgage loan originations are performing well despite high overall delinquency rates, and owning a home long-term can help attain greater wealth than renting.
Prudential Real Estate's Media Center is highlighted. Learn how to create newsletters for mailing and slideshows to download into an eCard for e-mailing. November 2011 Market Statistics are also reviewed.
The document discusses an office sales meeting and provides information about a lead center. It includes statistics on leads received by the lead center each month, where most leads come from, and buyer and seller behavior from 2013. It also discusses tools available in Seller Advantage like market activity reports and updating profiles.
The document outlines a 4 step approval process for UserThoughts Testers which includes: 1) creating an MTurk ID, 2) submitting a first feedback sample for approval, 3) being sent a link to submit a second feedback sample once approved, and 4) becoming an approved tester once the second sample is approved and receiving a link to sign up for UserThoughts.
Chambersburg Sales Meeting - April 5, 2016Tom Blefko
Discover three ways to increase the number of referrals flowing through your pipeline in addition to tips on having conversations with sellers about price reductions when their homes aren't moving.
How to Build a Business for the Long HaulTom Blefko
Sales meeting presentation covering pricing mistakes that agents make during listing presentations and a discussion on how one high school coach from Central Pennsylvania built a dynasty using techniques that real estate agents can incorporate into their business.
Home move box survey & demographic results 2014[1]Jonathan Burden
The document summarizes survey results from over 250,000 home movers in the UK. Some key findings include:
- The top concerns of home movers are being ready for moving day and saving money on utilities and new home items.
- Common large purchases for home movers are kitchen appliances, TVs, and sofas. Renovations like new flooring, bathrooms, and kitchens are also popular.
- Free samples provided to home movers in a "Home Move Box" significantly increased purchase consideration and trial of various cleaning, personal care, food, and retail brands.
- Home movers are open to recommendations and tend to replace items like furniture, appliances, flooring, and fixtures
Xcelsius - SAP Crystal Dashboard Design Data Connection for Advance Sigit Yunanto
Dokumen ini membahas sejarah perusahaan yang membuat produk SAP Crystal Dashboard Design, sebelumnya bernama Xcelsius. Dokumen ini juga membandingkan versi-versi produk Xcelsius sebelum dan sesudah diakuisisi oleh SAP, serta menjelaskan fitur dan cara kerja produk SAP Crystal Dashboard Design untuk membuat dashboard interaktif dari berbagai sumber data.
Utilizing Digital Ink to Close Real Estate Transactions in Less TimeTom Blefko
Berkshire Hathaway Homesale Realty's sales meeting. Topics include where to find company-branded Relocation Guides for out-of-town buyers, using Digital Ink to save you time and money in transactions and Homeselling and Homebuying proposals.
This document provides an introduction to Web 2.0 tools and their use in education. It discusses how Web 2.0 allows for more collaborative and interactive use of the internet compared to Web 1.0. Examples of Web 2.0 tools that can be used in classrooms are given, including blogs, wikis, podcasts, and social networking sites. The importance of teaching students digital literacy and 21st century skills is emphasized by citing standards from ISTE. Overall the document promotes integrating Web 2.0 technologies into teaching to engage students and help them become effective users and creators of digital content.
The Clock is Ticking - 15 Deadlines In PAR's Agreement of SaleTom Blefko
The North Pointe Office of Berkshire Hathaway HomeServices Homesale Realty's Zoom meeting call covering the following topics: 1. Homesale Realty's Kick-off Meeting, 2. 2021 Projections, 3. NAR's 2020 Profile of Home Buyers and Sellers, 4. The Clock is Ticking - 15 Deadlines in PAR's Agreement of Sale
Do You Need Help Getting Out of a Timeshare?
Timeshare contracts don't have to burden you forever. During our free event, real estate lawyers will show you how timeshare owners have gotten out of their sales contracts.
Timeshare Cancellation, Termination & Modification
Learn how it's possible to cancel, terminate or modify your sales contract. Regardless of what resort developers tell you, they do let timeshare owners out of their contracts. Developers frequently breach their own contracts and engage in fraudulent activities. Learn how a developer's actions can give you a way out.
Deception
Has the resort told you that you can't make a reservation? Have they told you that you can't rent your week? Are you paying hidden costs or higher fees? Timeshare owners face many surprises after the sales presentation. We'll explain your options.
Sales
The timeshare resale industry is rife with unscrupulous businesses. Resale scams require sellers to pay expensive upfront junk fees. Learn how not to become a victim of these fraudsters.
Dealing with Runaway Maintenance Fees
On average, timeshare maintenance fees increase 8% per year. You might even get stuck paying other costs and assessments as time goes on. The sales team probably didn't tell you about these hidden expenses and fee increases. We'll explain how you can seek relief from this costly headache.
Estate Plan
If you've decided to keep your timeshare, then the next step is creating an estate plan. Timeshare contracts are "in perpetuity," and your heirs will have to continue paying maintenances fees and other costs. Learn how to dispose of your timeshare to prevent your heirs from inheriting the extra expenses.
This document outlines the terms of conventional financing for a property sale. It specifies that the purchaser will obtain either a fixed or adjustable rate first and possibly second deed of trust for specified loan amounts. It establishes financing and appraisal contingencies, requiring the purchaser to obtain loan commitments by certain deadlines or the contract becomes void. It also addresses terms like seller subsidies, lender-required repairs, and default conditions.
Building Your Database & Expanding Your Sphere of InfluenceTom Blefko
This document discusses strategies for building and maintaining a real estate database. It recommends selecting a customer relationship management tool, gathering contact information for everyone known, and continuously looking to expand the database. The key is to regularly "touch" the database through mailers, phone calls, notes, market reports, and social media to stay top-of-mind for future real estate needs. Meeting with the top 20-25 contacts individually for coffee or lunch allows focusing on building strong relationships and asking for referrals.
The document summarizes 10 market facts in uncertain economic times. It finds that while the economy is growing slowly and consumer confidence remains low, housing affordability is at a generational high. Most economists expect home values to rise in the upcoming years, though not rapidly. Recent mortgage loan originations are performing well despite high overall delinquency rates, and owning a home long-term can help attain greater wealth than renting.
Prudential Real Estate's Media Center is highlighted. Learn how to create newsletters for mailing and slideshows to download into an eCard for e-mailing. November 2011 Market Statistics are also reviewed.
The document discusses an office sales meeting and provides information about a lead center. It includes statistics on leads received by the lead center each month, where most leads come from, and buyer and seller behavior from 2013. It also discusses tools available in Seller Advantage like market activity reports and updating profiles.
The document outlines a 4 step approval process for UserThoughts Testers which includes: 1) creating an MTurk ID, 2) submitting a first feedback sample for approval, 3) being sent a link to submit a second feedback sample once approved, and 4) becoming an approved tester once the second sample is approved and receiving a link to sign up for UserThoughts.
Chambersburg Sales Meeting - April 5, 2016Tom Blefko
Discover three ways to increase the number of referrals flowing through your pipeline in addition to tips on having conversations with sellers about price reductions when their homes aren't moving.
How to Build a Business for the Long HaulTom Blefko
Sales meeting presentation covering pricing mistakes that agents make during listing presentations and a discussion on how one high school coach from Central Pennsylvania built a dynasty using techniques that real estate agents can incorporate into their business.
Home move box survey & demographic results 2014[1]Jonathan Burden
The document summarizes survey results from over 250,000 home movers in the UK. Some key findings include:
- The top concerns of home movers are being ready for moving day and saving money on utilities and new home items.
- Common large purchases for home movers are kitchen appliances, TVs, and sofas. Renovations like new flooring, bathrooms, and kitchens are also popular.
- Free samples provided to home movers in a "Home Move Box" significantly increased purchase consideration and trial of various cleaning, personal care, food, and retail brands.
- Home movers are open to recommendations and tend to replace items like furniture, appliances, flooring, and fixtures
Xcelsius - SAP Crystal Dashboard Design Data Connection for Advance Sigit Yunanto
Dokumen ini membahas sejarah perusahaan yang membuat produk SAP Crystal Dashboard Design, sebelumnya bernama Xcelsius. Dokumen ini juga membandingkan versi-versi produk Xcelsius sebelum dan sesudah diakuisisi oleh SAP, serta menjelaskan fitur dan cara kerja produk SAP Crystal Dashboard Design untuk membuat dashboard interaktif dari berbagai sumber data.
Utilizing Digital Ink to Close Real Estate Transactions in Less TimeTom Blefko
Berkshire Hathaway Homesale Realty's sales meeting. Topics include where to find company-branded Relocation Guides for out-of-town buyers, using Digital Ink to save you time and money in transactions and Homeselling and Homebuying proposals.
This document provides an introduction to Web 2.0 tools and their use in education. It discusses how Web 2.0 allows for more collaborative and interactive use of the internet compared to Web 1.0. Examples of Web 2.0 tools that can be used in classrooms are given, including blogs, wikis, podcasts, and social networking sites. The importance of teaching students digital literacy and 21st century skills is emphasized by citing standards from ISTE. Overall the document promotes integrating Web 2.0 technologies into teaching to engage students and help them become effective users and creators of digital content.
The Clock is Ticking - 15 Deadlines In PAR's Agreement of SaleTom Blefko
The North Pointe Office of Berkshire Hathaway HomeServices Homesale Realty's Zoom meeting call covering the following topics: 1. Homesale Realty's Kick-off Meeting, 2. 2021 Projections, 3. NAR's 2020 Profile of Home Buyers and Sellers, 4. The Clock is Ticking - 15 Deadlines in PAR's Agreement of Sale
Do You Need Help Getting Out of a Timeshare?
Timeshare contracts don't have to burden you forever. During our free event, real estate lawyers will show you how timeshare owners have gotten out of their sales contracts.
Timeshare Cancellation, Termination & Modification
Learn how it's possible to cancel, terminate or modify your sales contract. Regardless of what resort developers tell you, they do let timeshare owners out of their contracts. Developers frequently breach their own contracts and engage in fraudulent activities. Learn how a developer's actions can give you a way out.
Deception
Has the resort told you that you can't make a reservation? Have they told you that you can't rent your week? Are you paying hidden costs or higher fees? Timeshare owners face many surprises after the sales presentation. We'll explain your options.
Sales
The timeshare resale industry is rife with unscrupulous businesses. Resale scams require sellers to pay expensive upfront junk fees. Learn how not to become a victim of these fraudsters.
Dealing with Runaway Maintenance Fees
On average, timeshare maintenance fees increase 8% per year. You might even get stuck paying other costs and assessments as time goes on. The sales team probably didn't tell you about these hidden expenses and fee increases. We'll explain how you can seek relief from this costly headache.
Estate Plan
If you've decided to keep your timeshare, then the next step is creating an estate plan. Timeshare contracts are "in perpetuity," and your heirs will have to continue paying maintenances fees and other costs. Learn how to dispose of your timeshare to prevent your heirs from inheriting the extra expenses.
This document outlines the terms of conventional financing for a property sale. It specifies that the purchaser will obtain either a fixed or adjustable rate first and possibly second deed of trust for specified loan amounts. It establishes financing and appraisal contingencies, requiring the purchaser to obtain loan commitments by certain deadlines or the contract becomes void. It also addresses terms like seller subsidies, lender-required repairs, and default conditions.
Az Legal Contract Buyers/Sellers - 8/2019 currentHeather McClaren
As of August 2019, the current legal process to purchase or sell a home. This contract is designed to be utilized by your realtor, and legally created by the Arizona Association of Realtors to protect home buyers/sellers legally in the sale of their home.
This document is a jurisdictional addendum to a sales contract for a property located in Virginia. It specifies requirements for delivery of documents, notices, and disclosures required by Virginia law for the sale of the property. It addresses contingencies for financing, appraisal values, private well and septic systems, lead-based paint disclosure, homeowners association requirements, and condominium disclosures. The purchaser has rights to terminate the contract if certain disclosures and documentation are not provided within specified timeframes as outlined in the addendum.
This is a sale and purchase agreement between Shahnaz Irwani binti Sabri and Wan Siti Kamaliah binti Wan Jaffar for a property located in Selangor, Malaysia. The purchase price is RM500,000, with RM50,000 paid as a deposit and the balance to be paid within 3 months of receiving consent from the State Authority. The agreement outlines terms regarding payment of costs, delivery of vacant possession, default by either party, and other standard clauses for property sale and purchase agreements.
Home path real estatepurchaseaddendumletterAudrey Troia
This document is a real estate purchase addendum between a seller and purchaser for a property. It specifies the terms of the purchaser's offer, including acknowledging the offer amount and date. It details requirements for the purchaser to provide proof of funds, have the offer signed and returned within a timeframe, and deposit earnest money. The addendum also specifies deadlines for inspections, financing contingencies, acceptance of the property in its current "as is" condition, repairs if elected by the seller, and acceptance of the property if violations exist.
This document provides information about the foreclosure process, homeowner options to avoid foreclosure like loan modifications and short sales, and the benefits and process of pursuing a short sale. It outlines the typical short sale timeline of 45-90 days and the documentation required for a short sale package. It also summarizes programs like HAMP and HAFA that provide guidelines and incentives for loan modifications and short sales. Special protections for active military members in foreclosure are mentioned as well.
This document is a times share sales agreement between a seller and buyer. It details the resort and unit being sold, the purchase price, terms of payment, responsibilities of each party, warranties provided, and procedures for closing, arbitration of disputes, and cancellation within 10 days. The key details are the transfer of ownership and usage rights of a specific timeshare unit from the seller to the buyer in exchange for payment of the purchase price.
Chapter 15 Condition of property the seller’s disclosures .docxketurahhazelhurst
Chapter 15: Condition of property: the seller’s disclosures 99
After reading this chapter, you will understand:
• the affirmative duty a seller and the seller’s agent have to
inspect and disclose their observations and knowledge about the
property’s condition to a prospective buyer;
• the general duty of the seller and seller’s agent owed to prospective
buyers to prepare a Transfer Disclosure Statement (TDS) presenting
known conditions of property improvements with an adverse
effect on value and hand it to a buyer or buyer’s agent before the
seller enters into a purchase agreement; and
• the role of a home inspection report (HIR) to identify and disclose
property conditions as a warranty of the property’s condition.
Learning
Objectives
Condition of property:
the seller’s disclosures
Chapter
15
The seller of a one-to-four unit residential property completes and delivers to a
prospective buyer a statutory form called a Transfer Disclosure Statement
(TDS), more generically called a Condition of Property Disclosure
Statement.1 [See Figure 1, RPI Form 304]
The seller’s mandated use of the TDS requires it be prepared with honesty and
in good faith, whether or not a seller’s agent is retained to review its content.2
1 Calif. Civil Code §§1102(a), 1102.3
2 CC §1102.7
Mandated on
one-to-four
residential
units
home inspection home inspector
For a further study of this discussion, see Chapter 24 of Real Estate
Practice.
Key Terms
100 Real Estate Principles, Second Edition
When preparing the TDS, the seller sets forth any property defects known or
suspected to exist by the seller.
Any conditions known to the seller which might negatively affect the value
and desirability of the property for a prospective buyer are to be disclosed,
even though they may not be an item listed on the TDS. Disclosures to the
buyer are not limited to conditions preprinted for comment on the form.3
Also, the buyer cannot waive delivery of the statutorily-mandated TDS. Any
attempted waiver, such as an “as-is” provision in the purchase agreement, is
void as against public policy.
3 CC §1102.8
Figure 1
Form 304
Condition
of Property
Disclosure
For a full-size, fillable copy of this or
any other form in this book that may be
used in your professional practice, go to
realtypublications.com/forms
Chapter 15: Condition of property: the seller’s disclosures 101
While it is the seller who prepares the TDS, the TDS is delivered to the buyer
by the agent who directly receives the purchase agreement offer from the
buyer.
The failure of the seller or any of the agents involved to deliver the seller’s
TDS to the buyer will not invalidate a sales transaction after it has closed.
However, the seller and the seller’s broker are both liable for the actual
monetary losses incurred by the buyer due to an undisclosed defect known
to them.4
The TDS is handed to the buyer before the seller a ...
Chapter 15 Condition of property the seller’s disclosures .docxbartholomeocoombs
Chapter 15: Condition of property: the seller’s disclosures 99
After reading this chapter, you will understand:
• the affirmative duty a seller and the seller’s agent have to
inspect and disclose their observations and knowledge about the
property’s condition to a prospective buyer;
• the general duty of the seller and seller’s agent owed to prospective
buyers to prepare a Transfer Disclosure Statement (TDS) presenting
known conditions of property improvements with an adverse
effect on value and hand it to a buyer or buyer’s agent before the
seller enters into a purchase agreement; and
• the role of a home inspection report (HIR) to identify and disclose
property conditions as a warranty of the property’s condition.
Learning
Objectives
Condition of property:
the seller’s disclosures
Chapter
15
The seller of a one-to-four unit residential property completes and delivers to a
prospective buyer a statutory form called a Transfer Disclosure Statement
(TDS), more generically called a Condition of Property Disclosure
Statement.1 [See Figure 1, RPI Form 304]
The seller’s mandated use of the TDS requires it be prepared with honesty and
in good faith, whether or not a seller’s agent is retained to review its content.2
1 Calif. Civil Code §§1102(a), 1102.3
2 CC §1102.7
Mandated on
one-to-four
residential
units
home inspection home inspector
For a further study of this discussion, see Chapter 24 of Real Estate
Practice.
Key Terms
100 Real Estate Principles, Second Edition
When preparing the TDS, the seller sets forth any property defects known or
suspected to exist by the seller.
Any conditions known to the seller which might negatively affect the value
and desirability of the property for a prospective buyer are to be disclosed,
even though they may not be an item listed on the TDS. Disclosures to the
buyer are not limited to conditions preprinted for comment on the form.3
Also, the buyer cannot waive delivery of the statutorily-mandated TDS. Any
attempted waiver, such as an “as-is” provision in the purchase agreement, is
void as against public policy.
3 CC §1102.8
Figure 1
Form 304
Condition
of Property
Disclosure
For a full-size, fillable copy of this or
any other form in this book that may be
used in your professional practice, go to
realtypublications.com/forms
Chapter 15: Condition of property: the seller’s disclosures 101
While it is the seller who prepares the TDS, the TDS is delivered to the buyer
by the agent who directly receives the purchase agreement offer from the
buyer.
The failure of the seller or any of the agents involved to deliver the seller’s
TDS to the buyer will not invalidate a sales transaction after it has closed.
However, the seller and the seller’s broker are both liable for the actual
monetary losses incurred by the buyer due to an undisclosed defect known
to them.4
The TDS is handed to the buyer before the seller a.
The document discusses the requirements for the FHA Pre-Foreclosure Sale (PFS) program and VA Compromise Sale Program (VACSP). Key points include:
1) For FHA PFS, the home must be listed at the appraised value for at least 90 days with a real estate broker. If sold within 90 days, the seller receives a $1000 incentive.
2) Financial hardship must be demonstrated for both programs. For VA loans before 1989, the seller must sign a promissory note.
3) Net sale proceeds must meet minimum thresholds (88% of value for first 30 days for FHA). Closing costs must be reasonable and customary.
4)
This document outlines HUD's policies regarding:
1) Purchasers must close on property sales within 45 days or forfeit their earnest money deposit, except for certain documented special circumstances for owner-occupants.
2) Investor purchasers forfeit their entire deposit for uninsured sales and 50% for FHA-insured sales if they do not close.
3) Owner-occupants may get deposits back for documented reasons like family death, illness, job loss, or inability to get a mortgage.
4) Extensions may be granted for a fee if documentation shows mortgage approval is imminent.
This document summarizes strategies for suppliers dealing with debtors, including offering supply agreements or purchase orders to form valid contracts, ensuring terms and conditions are consistently applied, obtaining thorough credit applications, using personal guaranties, requesting adequate assurance of performance if a customer's financial stability is in question, exercising remedies like reclamation or stoppage of goods, dealing with executory contracts in bankruptcy, and strategies for both customers and suppliers in bankruptcy proceedings.
Powerpoint for Legalwise Annual Property Seminar March 2016Laina Chan
This document summarizes key legal principles regarding sunset clauses in property contracts and quantification of damages. It discusses when a vendor can rescind a contract under a sunset clause, including if the subject lot is not created by the sunset date and the court finds rescission is just and equitable considering factors like contract terms, vendor conduct, and purchaser impact. It also reviews cases that establish vendors must act in good faith and not arbitrarily when rescinding. The document examines how damages may be assessed at a date other than breach when no market exists or the plaintiff is locked into the asset.
No two chapter 11 cases are alike and no two chapter 11 cases involving a retail business are alike. There are, nonetheless, certain issues that tend to arise in most retail cases. Among them: the retention of a liquidation firm; lease assumption and rejection; the claim priority of rent during a month that straddles the Petition Date or a rejection date; and consumer deposit issues. This webinar addresses such issues.
Part of the webinar series: CHAPTER 11- INDUSTRY FOCUS 2022
See more at https://www.financialpoise.com/webinars/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
36,778 sq. ft. building; Zoning: SE (Suburban Employment): The (SE) District allows numerous commercial site uses; Passenger elevator; Private and common restrooms; Fully sprinkled; Data center with a grounded floor and a specialized HVAC system; 60 KVA back-up generator; Building/pylon signage; Potential to purchase adjacent parcels; Sale Price: $4,413,360
Listing Turkey - Piyalepasa Istanbul CatalogListing Turkey
We are working around the clock to transform a long-time dream into reality. As a result, Piyalepasa Istanbul will be the largest privately developed urban regeneration project in Turkey.
THE NEIGHBORHOOD WE HAVE BEEN LONGING FOR IS COMING TO LIFE
The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
A NEIGHBORHOOD FULL OF LIFE, IN THE HEART OF THE CITY!
“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
https://listingturkey.com/property/piyalepasa-istanbul/
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2. Jesse Thomas
Phone: (610) 780-4131
E-mail: jesse.thomas@axa-advisors.com
Dergalis Associates
Providing Financial Services & Health Insurance for the Real Estate Professional
2
5. PA Continuing Education
Licensees need 14 hours
worth of continuing
education by May 31, 2016
This renewal period there are NO required course
except for agents who received their license
between December 1, 2013 and November 30, 2015
New licensees must take a General Module (7 hrs.)
and a Residential Module (7 hrs.)
5
9. Fiduciary Duties
Care
Obedience
Accounting
Loyalty
Disclosure
Confidentiality
9
Know what
you’re doing
10. PAR Agreement of Sale
10
Consumer’s Guide to
Agreement of Sale is
available on PAR’s
website
PARealtor.org
11. Deadlines in the Agreement of Sale
There are at least 14 different deadlines in the PAR
Standard Agreement for the Sale for Real Estate
11
Issues with Deadlines:
1. Keeping track of them
2. Ramifications of
missing them
12. 1. Earnest Money Deposit
Initial deposit must be in Broker’s
possession within five days of
agreement’s execution date, provided
an alternate date is not agreed upon
Seller may terminate agreement under
Paragraph 26 if Buyer does not meet
critical date
Broker is responsible for depositing money in escrow
by the end of the next business day following receipt
12
Paragraph 2. (A) 1.
13. 2. Settlement Date
May only be extended by mutual written
agreement between the Buyer and Seller
If all other contingencies have been met by the
Buyer and Seller (i.e. mortgage, inspections, title,
etc.), the aggrieved party may pursue remedies
under paragraph 26
13
Paragraph 4. (A)
14. 3. Written Acceptance
Buyer and Seller are only bound by real estate
agreements that are in writing and agreed upon by
the parties to the contract
Real estate
contracts may be
withdrawn at any
time prior to acceptance
14
Paragraph 5. (A)
15. 4. Mortgage Commitment
Buyer is obligated to deliver a copy of the mortgage
commitment to the Seller upon receipt
Only the Seller may terminate the agreement if the
commitment date is missed
Mortgage commitments
may not be conditioned
upon receiving a
satisfactory appraisal
15
Paragraph 8. (B)
16. 5. Interest Rate Lock
Buyer is bound by the agreement of sale if they
were given the opportunity to lock in their interest
rate during the course of the contract
but chose not to lock in their rate and
the rate is now higher than the
terms stated in the Mortgage
Contingency
Buyer would be in default
according to
Paragraph 6.(F)
16
Paragraph 8. (D)
17. 6. Mortgage Application
Buyer is responsible to make a mortgage application
within seven days of executed contract unless
another time frame is agreed upon
An application fee needs to be paid
Buyer would be in
default according
to Paragraph 26.(E)3
17
Paragraph 8. (E)
18. 7. Lender Required Repairs
Buyer must immediately notify Seller in writing if
Lender requires repairs on property
Seller has five days to respond to request in writing
If Seller does not respond or refuses to make repairs,
Buyer has five days to accept or reject Seller’s
decision in writing
If Buyer fails to respond, they
must proceed with sale
18
Paragraph 8. (H)
19. 8. Inspection Contingency
Buyer must have inspections completed within ten
days of execution date of agreement unless another
time frame is agreed upon
Buyer must respond to
Seller in writing during
contingency period whether
they will accept, reject, or
request corrective action
19
Paragraph 13. (A) & (B)
20. 8. Inspection Contingency (cont’d)
If corrective action is requested, Seller has five days
to respond in writing if they will accept, reject, or
negotiate corrective action(s)
If no acceptable resolution is arrived at, Buyer must
respond in writing how they will proceed within two
days
If no written response from Buyer following the
negotiation period, Buyer is deemed to have
accepted property
20
Paragraph 13. (A) & (B)
21. 8. Inspection Contingency (cont’d)
NOTE: Time frames for negotiating septic concerns
are different
Ongoing negotiations do not automatically extend
the negotiation periods
Missed deadlines have serious consequences
21
Paragraph 13. (A) & (B)
22. 9. Public/Private Assessments
If assessment is received by Seller after agreement
has been signed, they will notify Buyer in writing
within five days
Notification must state whether Seller will comply
with assessment or not
If Seller chooses not to comply,
Buyer must respond in writing
within two days of intent to
proceed or not
22
Paragraph 15. (A)
23. 10. Municipal Requirements
If Seller receives notification from municipality that
there are uncorrected defects in/on property, they
must notify Buyer in writing within five days of
their intent to correct
If Seller chooses not to
correct, Buyer must respond
in writing with five days of
their intent to proceed
23
Paragraph 15. (B)
24. 11. Resale Certificate
Seller must request a resale certificate from
association within fifteen days of execution of
agreement
Association has ten days to fulfill request or they
are in violation of the Uniform Planned Community
Act
Buyer has five days to examine
certificate and proceed or
terminate in writing
24
Paragraph 16. (B) 1.
25. 12. Title Insurance
Seller must be able to convey good and marketable
title to Buyer
If Seller cannot convey good and
marketable title, Buyer may
terminate contract anytime
prior to settlement and
receive earnest money
deposit and any costs for
inspections and
certifications
25
Paragraph 17.
26. 13. Property Damage
If any part of the property is damaged prior to
settlement, Seller needs to notify Buyer in writing of
their intent to repair item
If Seller chooses not to repair, Buyer has five days
from notice to respond in writing of their intent to
proceed with sale
Buyer accepts property if
no notification is produced
26
Paragraph 18.
27. 14. Communications
Buyer must promptly deliver the Loan Estimate and
Closing Disclosure to Agent for Buyer
In virtually all cases, delivering documents to the
Agent for Buyer or Seller constitutes notice to their
respective clients
Time is of the essence
27
Paragraph 30. (A) & (B)