Easily Remove Phone Field in the Commercial Real Estate Contract

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How to Remove Phone Field in the Commercial Real Estate Contract

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greetings in this video were going to be discussing about the commercial contract this contract is used when theres going to be a sale of a commercial property you could use this to draft for your clients whether it be the buyer or the seller that youre representing and use this to uh you know put something together for the sale of the commercial property a lot of times with commercial sales especially leases theres usually attorneys involved and attorneys might draft up an additional contract or a separate contract uh on leases theres almost always uh they have attorneys draft up a lease contract for commercial properties but sometimes in sales you could use this contract or the attorneys will also draft up an additional sales contract uh to their terms and specifications so it really just depends but for this particular video were going to discuss about this florida realtors commercial contract that you could fill out if in the event youre doing a sale like this before we begi

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What is the holdover clause in the listing?

The holdover period is a defined amount time following the expiration of a listing agreement during which the listing brokerage would be entitled to a commission if the property were sold to someone who was introduced to it while it was listed.

What is the purpose of a carryover clause in real estate?

EXTENDER CLAUSE A carry over clause (referred to as a safety clause) contained in a listing which provides that a broker is still entitled to a commission for a set of period of time after the listing has expired if the property is sold to a former prospect of the broker.

What is unethical conduct in real estate?

This means that Realtors cannot legally: Market to certain buyer demographics (i.e. This house would be great for families!) Deny equal professional services to people based on race, color, national origin, religion, sex, gender identity, sexual orientation, familial status, or disability.

What is a carryover clause in a listing agreement quizlet?

What is a carryover clause in a listing agreement? A clause that states the broker will continue efforts to sell the property if it did not sell during the original listing period.

What does removing contingencies mean?

Contingency Removal by State Remember that removing contingencies usually means losing earnest money if the deal falls through. If a loan contingency is removed and neither the seller or buyer cancel the sale, the buyer would still be required to finance the home themselves or lose their earnest deposit.

Whats the purpose of the holdover or extender clause in a Washington listing agreement?

Whats the purpose of the holdover or extender clause in a Washington listing agreement? It protects the broker by requiring payment of the total commission under certain circumstances.

What is the purpose of a carryover clause?

A carryover provision is a clause commonly found in health insurance contracts. It entitles the policyholder to have a portion of their current years claims applied toward the next years deductible, thereby reducing their out-of-pocket expenditures.

What are the 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.

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