Once more into the unavoidable void
Purchase-offer contracts are documents that gain life once the last required signature is affixed.
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Purchase-offer contracts are documents that gain life once the last required signature is affixed.
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Buying property used to involve a buyer, a seller and a couple of pieces of paper.
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In most real-estate sales, the lawyer representing the seller has an easier job than the individual representing the buyer.
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Most buyers talk to the real-estate lawyer representing them only after they have signed a contract to purchase property. I’ve always found that odd, like putting the horse behind the cart.
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A standard feature in real-estate contracts is a section called, Entire Agreement. Also referred to as the merger clause, it provides something like the following:
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