David Saks: July 2010

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 732

                                                            #732

When an agreement to purchase real estate is created, a purchase agreement, it must state what the methods of payment will be from the buyer, the type of financing terms arranged by the buyer, the listing price of the property, and the total purchase price of the property.

Is this true or false ?

Please take your time. The solution is posted below the wildlife photo.

wildlife

A. False

The agreement to purchase does not have to include the listing price, but all of the other considerations are included.

 




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • July 12 2010 03:29PM
Real Estate Practice : Lesson 732
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#732 When an agreement to purchase real estate is created, a purchase agreement, it must state what the methods of payment will be from the buyer, the type of financing terms arranged… more
Real Estate Practice : Lesson 731
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#731 When a provision is added to a contract for the purchase of property (a purchase agreement) that states the contract will not become a binding contract unless the buyer… more
Real Estate Practice : Lesson 730
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#730 When a safety clause is added to a contract for the listing of a property it basically creates a measure of safety for the broker which effectively entitles the broker to a commission… more
Real Estate Practice : Lesson 729
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#729 For a lease to be considered a binding contract it always has to be signed by the tenant. Is this considered to be true or false Remember to take your time… more
Real Estate Practice : Lesson 728
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#728 If a tenant farmer decides to build a hen house and a building for his tractor, who do these buildings belong to Take you time. The solution is posted below the wildlife… more
Real Estate Practice : Lesson 727
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#727 If the buildings were blown to smithereens, vaporized, bombed, imploded or torn to pieces and the land is still there, what example has been established by recognizing that… more
Real Estate Practice : Lesson 726
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#726 If a landownber has posted a "no trespassing" or "no hunting" sign on his or her property, what stick in the bundle of legal rights is this person exercising… more
Real Estate Practice : Lesson 725
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#725 When we consider the methods of annexation adaptation and the type of agreement, these are considered the legal tests for determining whether or not an item is land or real… more
Real Estate Practice : Lesson 724
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#724 If a property owner doesn't want to deal with the day to day task of managing an apartment complex or any other form of rental property the owner can hire a developer. … more
Real Estate Practice : Lesson 723
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#723 Appraisal, financing, property management, and real estate developement are all specializations directly linked to state and governmental finance policies. Is this true… more