Transform your daily workflows and Protect Real Estate Contract

Aug 6th, 2022
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Straightforward guide on the way to Protect Real Estate Contract

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  4. Protect Real Estate Contract and save adjustments.
  5. Very easily fix any errors well before going forward together with your file export.
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How to Protect Real Estate Contract

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were going to talk today about protecting your real estate from lawsuits and were talking about both your income rental property and your personal residence Im going to show some illustrations how to hold title and how to protect that asset from being taken away from you somebody decides to sue you Ive been the asset protection business for over 25 years we have over 40,000 clients weve helped people save literally hundreds of millions of dollars from being taken away it taken away lawsuits and were going to talk about real estate asset protection right now okay well start off by talking about how to protect your investment property from lawsuits youll notice that this house where the dollar sign represents a rental property an investment property and income property whether its a residential business an income property and each property in turn is placed into this tool called a land trust a Land Trust is a document that we create that has the address of the property at possi

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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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For example, a clause stating that a buyers offer is conditional on the buyer acquiring a neighbouring piece of property would be a true condition precedent, as the act of buying that neighbouring property is entirely dependent upon the will of a third party, in this case the owner of the neighbouring property.
A safety protection clause entitles a real estate broker to a commission if a sale occurs after the listing agreement expires. This protects the broker from collusion between sellers and buyers to save the seller the cost of real estate commission.
A contingency clause often states that your offer to buy property is contingent upon X,Y, Z. For example, the contingency clause may state, The buyers obligation to purchase the real property is contingent upon the property appraising for a price at or above the contract purchase price.
A safety protection clause entitles a real estate broker to a commission if a sale occurs after the listing agreement expires. This protects the broker from collusion between sellers and buyers to save the seller the cost of real estate commission.
The exclusive listing agreement provides that the broker is entitled to the commission if the property was sold or leased within twelve months after termination of the agreement to any buyer to whom the property was submitted for sale during the continuance of the agreement. This is the brokers protection period.
The 90 day protection period is completely standard and just refers to the properties the agent has brought to your attention.
Protection Period means the period commencing on the date that a Change in Control occurs, and ending on the last day of the twelfth (12th) calendar month following the calendar month during which such Change in Control occurred.
Protection clauses include an expiration date thats typically 30 to 45 days after the listing agreement expires. Some exclusions may apply, which is why its so important to read the fine print and ask questions before signing the contract.

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