David Saks: September 2014

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 3691

16

This is what the contract may include:

1. The terms of the sale and the sale price

2. Any legal descriptions required to accurately portray the characteristics of the land

3. A statement including the type of deed to be delivered by the seller to the buyer

4. A statement including the type of title to be taken and any associative conditions upon acceptance

5. The type of title evidence that is required at closing, who is responsible for providing the title evidence, and if there are any defects in the title that must be remedied and eliminated

6. A statement expressing the conditions and any terms regarding the agreements between the parties to the contract, including terms and contingencies if any

What else can you think of that might be, or should be, included in the contract ?




David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 2 commentsDavid Saks • September 15 2014 02:59AM
Real Estate Practice : Lesson 3691
share
This is what the contract may include: 1. The terms of the sale and the sale price 2 Any legal descriptions required to accurately portray the characteristics of the land 3. A statement including the type of deed to be… more
Real Estate Practice : Lesson 3690
share
Once the offer has finally been accepted and the aspirin bottle emptied, a promise is made by the offeree to become liable to the conditions and terms made by the offeror. This acceptance of the offer must be communicated to the offeror. If… more
Real Estate Practice : Lesson 3688
share
There are so many things can we can talk about here but promptly discussing the counteroffer with the buyer is where we begin. The numbers have to be reviewed in a realistic manner fairly reflecting the financial interests in the… more
Real Estate Practice : Lesson 3686
share
Well, the buyer's made the offer so it's now up to the seller to either accept the offer or counteroffer. If the seller decides to reply to the buyer's offer that's a pretty good indication that the seller knows that the buyer means… more
Real Estate Practice : Lesson 3685
share
After the buyer's agent presents the written offer to the listing agent the listing agent presents the offer to the seller. How about that You don't think that the listing agent would sit on the offer for a couple of days while… more
Real Estate Practice : Lesson 3684
share
Once you've considered all the comparatives, looked at the sales numbers, put the earnest money in motion, and have it in writing, the next logical step is to take the completed, written offer to the listing agent so that the listing agent… more
Real Estate Practice : Lesson 3683
share
When the buyer makes the seller an offer they might want to include an "earnest money" deposit. This is a little up-front money that tells the seller that the buyer is making an offer in good faith and that the buyer means business… more
Real Estate Practice : Lesson 3682
share
A buyer can do their own homework by looking up the recent sales of properties in the neighborhood here in Memphis. It's as easy as the click of a mouse button at this link : Neighborhood Sales Search It helps to have a real… more
Real Estate Practice : Lesson 3681
share
Whether it's based on a house plan you put together yourself, had an architect design for you, the homebuilders new floor plan, a foreclosure or real estate owned by the bank, or just the usual deal when purchasing an existing home from a… more
Real Estate Practice : Lesson 3680
share
It's real important to put together a plan for viewing properties. A real estate professional is crucial when it comes to identifying the stages necessary to insure a successful viewing plan for the buyer. We can help the buyer know what they… more