From the course: Real Estate Contracts
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Listing the terms and conditions of the contract
From the course: Real Estate Contracts
Listing the terms and conditions of the contract
- [Instructor] Section 21 is for additional terms and conditions. Use this section to write in and include any special conditions or terms that are unique to the situation or that you've negotiated. These terms are usually the ones that address the needs of a particular seller. You can be creative in this section when describing additional terms. Just make sure you use language that is clearly understood by all parties. Section 22 is simply legal language covering transmissions via fax, as well as email, or even electronic signatures in some cases. Submission using any of these methods will be legally binding. Section 23. Complete agreement. Really means the entire agreement, and here we have legal terminology stating that there are no agreements outside of this contract and if any changes are made to the agreement, it needs to be signed and dated by both the buyer and the seller. Section 24 is a notice that…
Contents
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(Locked)
Identifying the parties involved1m 39s
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(Locked)
Identifying real property47s
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(Locked)
Itemizing what is included in the sale price49s
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(Locked)
How you can lay out the purchase price2m 42s
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(Locked)
Learn what happens to the deposit and financing contingency1m 4s
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Solidifying in legal terms, the inspections, and current conditions1m 19s
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(Locked)
When you need a lead-based paint disclosures40s
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(Locked)
Layout the closing and occupancy dates and titles1m 9s
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(Locked)
Seller agrees to a warranty deed to transfer ownership and has a clear title1m 1s
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Protecting against property tax charges and risk of loss or damage54s
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(Locked)
Disclosure for condos and other housing with common areas1m 14s
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(Locked)
Discussion of all other disclosures and equal housing1m 25s
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(Locked)
Listing the terms and conditions of the contract1m 24s
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(Locked)
Listed licenses and provisions for buyers and sellers1m 1s
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(Locked)
Accepting and signing to create a legally binding agreement1m 10s
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(Locked)
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