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If the lender changed interest rates a week before closing on a property sale can you cancel the contract with the seller without being sued?
If the loan and rate were conditions of the sale, yes.
Can you break a real estate contract before closing for no reason?
If the contract is well written the answer is NO. That's the purpose of a contract. You would lose your deposit and possibly more.
What is the legal age to sign a binding contract in the District of Columbia?
The legal age to be bound in contract in any state is 18 years old; before that age you are considered in the eyes of the law to be an infant. One can still legally contract with an infant or minor, but the contract is voidable.
When did the first time home buyer credit expire?
You must have bought - or entered into a binding contract to buy - a principal residence on or before April 30, 2010.If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before June 30, 2010.
Can landlord sell house that is being rented?
No. A lease is a legally binding contract that runs with a property, regardless of who owns the property. Unless there was a provision in the lease that specifically gave the landlord the right to break the lease upon sale of the property, you can compel the landlord and the new owner of the property to honor your lease. If you find that either the previous or new owner of the property is refusing to honor your lease, contact a landlord-tenant law attorney. A listing is available in your local phone book.
How do you use the word notarize in a sentence?
I need to have the contract notarized before it can be legally binding.
Is a seller required to explain the sales agreement to the buyer?
No. You can enter into any agreement whether you understand it or not. No law protects the stupid from a bad contract. It is up to the buyer to have their own legal representation when purchasing real property. The buyer's attorney should be on hand to review any P&S Agreement before it's signed binding the buyer to the terms of the contract.
If you are under age 18 can you buy a car with a co-signer?
No, you can not enter into a legal binding contract until you are 18. Before you are the age of 18 you are still considered a minor and if you did sign a contract on a car it would be considered void.
Can you terminate the contract of your property manager?
Before you regret it in the future, you should talk the issue about the manager of the agency, and it will depend on your agreement on what would be the right thing to do on how and when you can terminate his contract.
Will a real estate contract be vaild if the owner dies before closing in Georgia?
The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.
When does the first time home buyers tax credit end?
You must have bought --- or entered into a binding contract to buy --- a principal residence on or before April 30, 2010.If you entered into a binding contract by April 30, 2010, you must close (go to settlement) on the home on or before Sept. 30, 2010Go to the IRS gov website and use the search box for First-Time Homebuyer Credit
What is the Legal Age in Georgia before a child can have a parent cremated?
The legal age of majority in Georgia is 18. One must be 18 to enter into a legal and binding contract.
