QUESTION #1: If the property does not appraise for the purchase price, may the seller terminate the contract if the buyer still wishes to proceed?
The new financing contingency in the Real Estate Commission-approved contract is §5b and reads as follows: “Loan Commitment. If Buyer is to pay all
I. Affirmative Obligations vs. Contingencies. Many contract issues which could be addressed by affirmative obligations could also be addressed by contingencies. The first step
Co-Author: Brad M. Lund, Esq. Who has the responsibility for making the FHA inspection disclosure notice to buyers: listing brokers, selling brokers or lenders? What
12-61-203.5. Referral fees – interference with brokerage relationship No licensee under parts 1-4 of this article shall pay a referral fee unless reasonable cause
Co-Author: Amy E. Allison, Esq. Question: I am starting my own real estate company and will invest much of my time and money promoting my company.
Question: The basic facts are as follows: Seller lists. Buyer 1 makes an offer. Seller makes counter-offer with an acceptance deadline. Buyer 1 counters
Question: I would like to buy a property I have listed for a seller/client for my own use, or for future resale. I do
Co-Author: Richard Byron Peddie, Esq. Question: I manage commercial real estate. If one of our tenants doesn’t pay the tenant’s finish contractor, can the contractor collect
Question: I am the listing broker for a builder who put a property under contract with Buyer #1. Buyer #1 attempted to back out of
Copyright © 2025 Frascona, Joiner, Goodman and Greenstein, P.C.
Privacy Policy and Terms of Use . Accessibility Statement.