Easily Hide Page to the Real Estate Purchase Agreement

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How to Hide Page to the Real Estate Purchase Agreement

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due to several requests on todays video Im gonna do a tutorial on exactly how to fill out a real estate purchase and sale agreement and specifically what you need to include to make sure the contract favors you the investor now this is a video you dont want to miss because Im also going to show you how to fill it out digitally in minutes so that you and the seller can sign it electronically making it completely paperless not to mention easy and convenient Im also gonna share with you how to get my contracts for free all of that and more coming up I just you know are the nations leading expert on flipping houses and if youre new here to make more money in less time flipping houses so you can live your dream life subscribe to my channel click the bell I kind of get notified when new videos are released okay here it comes I am NOT a lawyer nor am I giving legal advice you are a big boy or big girl you are responsible for your actions so all we see competent professional legal advic

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Is seller disclosure mandatory in California?

Is a sellers disclosure required in California? California Civil Code 1102 requires a sellers disclosure. This requirement to disclose applies to real estate property of 1 to 4 dwelling units transferred by a sale. The form is a standardized checklist called the Transfer Disclosure Statement, or TDS.

What happens after the purchase agreement is signed?

Once you sign the purchase agreement, it becomes a legally binding contract. Both parties commit to the sale and may only negotiate or cancel the sale without repercussions if the agreed-upon contingencies and deadlines are unmet.

How many pages is the RPA?

Product information PublisherApress; 1st ed. edition (February 29, 2020)LanguageEnglishPaperback366 pagesISBN-101484257286ISBN-13978-14842572896 more rows

What should be included in a purchase agreement?

At its most basic, a purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.

What is SBSA in real estate?

(This Form Does Not Replace Local Condition Disclosures. Additional Advisories or Disclosures May Be Attached) (C.A.R. Form SBSA, Revised 6/21)

What is a transfer disclosure statement?

A transfer disclosure statement (TDS) is required by California law in Section 1102 of the California Civil Code. This document is one of the seller disclosures that buyers receive during their contract contingency period. Its purpose is to let a buyer know of major defects in a property as required by California law.

What is a SBSA form?

A statewide buyer and seller advisory is a document used by those in the real estate profession in California. This document is 10 pages long and serves as a guide for all of the things that sellers need to disclose to buyers before they officially transfer the property.

Who is exempt from seller disclosure in California?

The Transfer Disclosure Statement (TDS) is required in the state of California unless the seller (or transferor) meets one of the following conditions: Court-ordered sales such as probate sales, foreclosure sales, sale by bankruptcy trustee, eminent domain.

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