Surveys vs. Visual Inspections. Most buyers do not order a survey before purchasing a home. Some visually check corners for survey pins in the ground, but
[This article is one of a series of upcoming posts dealing with real estate disputes in Oregon, ranging from transactional matters to litigation matters. Enjoy!]
Introduction. The term “Earnest Money Deposit” is familiar to most people – at least on the surface: It is the “deposit” that prospective buyers initially
Introduction. Most Oregon residential transactions are documented by one of two Sale Agreement forms, the OREF form, created circa 1997, or the Oregon Realtor (“OR”) form
Introduction. Having had my share of bad mediators over the years, I cannot resist this Q-Rant. There is a reason mediators are also called “Neutrals”
Introduction. Contract law is pretty basic; once the agreement becomes “binding” on a party, withdrawal normally cannot occur without consequences. The OREF Sale Agreement is
Introduction. Regardless of how active (or inactive) the market is, sellers’ brokers should always be on the lookout for “red flags.” These are the often
Introduction. Disputes involving earnest money deposits are a “zero sum game.” There is one winner and one loser; no in-between. Arbitrators do not – or
Introduction. Generally, a contingency is an event that must occur (or not occur)[1] for the transaction to become binding (e.g., loan approval, condition of title,
