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부동산

Real Estate Law 50

2019.05.10 08:37 Views : 95

Check Your Understanding Answers

  1. If a seller agrees to repair items on the property, when must they be completed?

    Before the final verification of condition
     
  2. According to the Prorations paragraph, how will tax and other prorations be made?

    Buyer and seller will prorate at close of escrow property taxes, special assessments, HOA dues, insurance premiums assumed by buyer, and payments on bonds and assessments. These will all be paid current and prorated on a 30-day month.
     
  3. Describe what the parties are agreeing to by initialing under Paragraph 21B.

    If buyer defaults and cannot complete the purchase agreement, seller will retain the deposit paid by the buyer as long as it is not more than 3% of the purchase price. Any additional deposits made by the buyer require a separate written agreement regarding their applicability to liquidated damages.
     
  4. How do the parties agree to resolve a dispute arising from the purchase agreement?

    The parties agree to mediate any dispute arising in relation to this purchase agreement before arbitration or court action.

    The parties can also choose, by initialing Paragraph 22B, to use binding arbitration if mediation does not resolve the issue.
No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2075
Notice 부동산 용어 (A to Z) 2019.03.03 1321
141 Real Estate Law 52 2019.05.10 95
» Real Estate Law 50 2019.05.10 95
139 Real Estate Law 37 2019.05.08 95
138 Chapter(2) Overview 2019.02.28 95
137 accrued expenses 미지급비용 2019.05.15 94
136 Real Estate Law 23 2019.05.07 94
135 Real Estate Law 13 2019.05.05 94
134 Chapter 10 Conclusion 2019.04.16 94
133 Real Estate Law 59 2019.05.11 93
132 Real Estate Law 45 2019.05.09 93
131 Real Estate Law 77 2019.05.13 92
130 Real Estate Law 51 2019.05.10 92
129 Real Estate Practice - 37 (Understanding-Answers) 2019.04.29 92
128 Real Estate Law 46 2019.05.10 91
127 Chapter 22 Conclusion 2019.03.26 91
126 Real Estate Law 76 2019.05.13 90
125 Real Estate Law 47 2019.05.10 90
124 Real Estate Law 42 2019.05.09 90
123 Chapter 10 Conclusion 2019.04.16 90
122 Commissioner's Specific Responsibilities 2019.02.28 90
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120 Real Estate Practice - 33 (Understanding-Answers) 2019.04.29 89
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118 Real Estate Law 99 2019.05.16 87
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