All Questions
Tagged with contract-law real-estate
49
questions
0
votes
1
answer
89
views
What constitutes "fault of the buyer"? [closed]
I have a contract to sell my house that is contingent on the buyer selling their home. A common enough occurrence.
If Buyer does not close on the sale of Buyer’s property, through no
fault of Buyer, ...
- 261
0
votes
2
answers
111
views
Expected result of trying to buy a lot with a bad listing
I was looking at this listing in or near Dorris for reasons that don't really matter.
The listing says it's on Juniper Street; but there is no such lot on Juniper Street. I spent some time trying to ...
- 227
1
vote
0
answers
66
views
Would this be considered a break in the Title Chain? [closed]
I completed an application for a mortgage loan and was approved. My sibling and I both agreed to be listed on the Deed.
On the application: Borrower Information is just my name, The Title to the ...
- 11
-2
votes
1
answer
44
views
Does a real estate buyer have recourse to recover fees related to an offer due to seller not disclosing probate period? [closed]
I live in the state of Massachusetts and recently put in an offer for a home.
The seller is actually 4 owners for which one passed recently (last year).
During title search, it was found that there ...
- 1
4
votes
2
answers
2k
views
Does "agree to negotiate" mean it has to happen?
We are in the process of purchasing some land, and one of the requirements of the contract is
The buyers, BUYERS_NAME, agree to negotiate a trade of land with the neighbors, NEIGHBORS_NAME, if ...
- 51
23
votes
4
answers
9k
views
Is it legal to refuse an offer for real estate which is above the asking price, when there are no other offers by the published due date
A house in California is for sale with asking price of X .
A buyer engages with an agent and finds out in writing that offers will be accepted until a certain date.
A buyer submits a formal written ...
- 463
0
votes
2
answers
239
views
Is it legal for a professional ethics group to demand that I "respect" other agents' exclusive relationships with their clients?
I previously asked this question on the legality of anti-poaching agreements. If it's not illegal for two companies to enter into an agreement not to poach each others' talent, why is it legal for a ...
- 2,189
1
vote
1
answer
134
views
Are there jurisdictions in which it is illegal to presell a house (without the property being already finished)?
Are there jurisdictions (countries) in which it is illegal to presell a house (i.e. contractor selling a house without the property being already finished)?
The purpose should be to prevent contractor ...
- 11
1
vote
1
answer
409
views
Is it Legal Not to Disclose Problematic Neighbors When Selling a House?
In most places in Canada, there are certain things a home seller must disclose to potential buyers, such as known problems with the house, e.g. a leaky roof, mold, etc.
I'm in Nova Scotia, ...
- 282
1
vote
1
answer
76
views
If a stakeholder steals escrow/deposit in land sale contract, is the seller obligated to refund the deposit?
In a more drastic case, if in a Sale and Purchase Agreement, the vendor authorizes the purchaser's solicitor as the escrow/stakeholder to receive not just the deposit but the purchase price on his ...
- 13
1
vote
0
answers
58
views
Question about items left after a home sale
So I did a bit of research that anything that is stated in the contract are to be left to the buyer and that fixtures are also left to the buyer regardless of it being in the contract. My question is ...
- 49
0
votes
1
answer
291
views
Do I have to let Buyer in after disclosing new defects?
I disclosed new defects to the buyer along with a inspector's estimate after he removed the inspection contingency. He wants to bring in his inspectors to inspect these defects. The new defects ...
- 49
1
vote
2
answers
652
views
New defects after buyer removes inspection contingency
The buyer has removed all his contingencies and so he doesn't have any way to back out without losing his earnest deposit money. Unfortunately, I later found out that there are some defects such as a ...
- 49
0
votes
1
answer
51
views
Question about notice to perform (buyer/seller) [closed]
I've told my agent, who is a dual agent for me and the buyer, to send a 2-day notice to buyer to perform. My agent said it was delivered on Saturday. I believe this would mean that Monday night would ...
- 49
4
votes
2
answers
234
views
After exchange of contracts in property purchase, what happens if someone has COVID-19 on the completion date?
Say I am selling my home to a buyer and also purchasing a house from someone, and the chain of sales goes no further than this (for the sake of simplicity). All house sales are in the UK, where you ...
- 143