The following Summary addresses the major changes made to the OREF forms that will become available for 2018. Some changes were stylistic and grammatical, and
What is a Contingency? In its simplest form, a contingency is generally an event that must first occur before the contract will become fully binding.
“Government exists to protect us from each other. Where government has gone beyond its limits is in deciding to protect us from ourselves.” ~Ronald Reagan
Answer: When the provision making it non-refundable has been poorly drafted. Too many times I have seen sellers want to lock their buyers into a
Background. The painted surfaces of homes built before 1978 used lead based products. In 1971, a federal law was enacted prohibiting the use of these
Generally. The concept of title to land, i.e. its “ownership”, is fairly obvious, just like ownership of a vehicle, personal property, or other tangible and
Some good news from the latest RMLS™ Market Action letter. New listings for May 2017 reached 4,388, which was 5.9% higher than May 2016, at 4,144.
What follows is a summary of tips when the seller is, or may be, a “foreign person” as defined by FIRPTA: Buyer Responsibilities Under FIRPTA. If
Homebuyers come in many varieties: Some are gullible, some naïve’, some suspicious, and many are in between. While it is true that first-time homebuyers should,
General. Ownership of real property is evidenced by a deed, which is the physical evidence that one has “title”, i.e. full ownership. When buyers purchase
