Easily Insert Value Choice in the Real Estate Contract

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How to Insert Value Choice in the Real Estate Contract

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hey everybody im adam sopraski im the broker for cardinal realty group and im also an attorney in florida and i specialize in real estate law and real estate transactions today were going to be going over the as is contract okay a lot of people out there are purchasing homes a lot of people out there are selling homes we want you to be informed when doing this okay youre going to be filling out a contract and we want you to know what youre doing okay so today were going to go over the as is contract all right before we do that just shout out to all my cardinal agents out there cardinal realty group were proud of you and make sure you finish this video because you know this is very important stuff and we want you especially to be informed when helping your clients fill out this contract [Music] jumping right in first you can see here you guys also see my screen we have the as is contract open we got here through form simplicity and we will do a separate video on how to get that

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is the optionee in an option to purchase real estate?

Option to Purchase An option is a right that the owner of a real property (the optionor) gives to another person (the optionee) to buy certain property at a fixed price for a definitive duration. An option is an offer that binds the optionor to sell, but does not obligate the optionee to purchase.

What are the requirements of a valid and enforceable real estate contract quizlet?

Competent parties; Offer and acceptance, mutual assent; Legal purpose; Consideration.

What are the 5 essential elements needed for a valid and enforceable real estate contract?

Offer, acceptance, awareness, consideration, and capacity are the five elements of an enforceable contract.

What are the 5 elements of a contract quizlet?

Match Offer. Acceptance. Consideration. Capacity. Lawful Purpose.

What is a legally required element of a valid and enforceable real estate contract?

The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.

Can you assign an option in real estate?

AsdocHub purchase option contracts are a specific type of real estate option agreement. The asdocHub purchase option transfers and grants assignments to another party. This process is known as the contract assignment, and theyre used when one party wants to directly transfer real estate assets to the assignee.

What are the 5 essential elements of a contract in real estate?

Required Elements of a Real Estate Contract To establish legality, a real estate contract must include a legal purpose, legally competent parties, agreement by offer and acceptance, consideration, and consent.

What are the 4 essential elements of a contract in real estate?

Essential Elements of a Real Estate Contract The identity of the buyer and of the seller. A sufficient description of the real property to be sold. The sale price, or consideration to be paid for the real property by the buyer. The amount of any earnest money deposit to be paid by the buyer.

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