Easily Replace Payment Field to the Home Seller Form

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How to Replace Payment Field to the Home Seller Form

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okay friends uh welcome and today were going to be talking about the most confusing form that Ive gotten the most questions about in the last few weeks so were just going to settle this once and for all this is about form s p BBB uh that stands for seller payment to buyers broker heres heres what I want to say right from the beginning this is an auto required form you dont have to use it I would not use it so if you came here for that you can stop this video and just know that uh we do not expect you to use it nor should you use it um so uh maybe stay and watch the rest of this to find out what its actually for and what its used for and what its supposed to be used for versus what everyone thinks its going to be used for so starting off um I got the RPA section right here at the top and you can see that theres a box that says seller agrees to pay the obligation of buyer to compensate the buyers broker a lot of agents are just going through their offers and theyre just che

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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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What is the statute of limitations for Civil Code 2079?

The statute of limitations for actions for bdocHub of this duty is found in Civil Code 2079.4, which is 2 years, starting from the date of possession of the property, the date of recordation, close of escrow or occupancy, whichever occurs first.

What does the California Civil Code apply?

The Civil Code of California is a collection of statutes for the State of California. The code is made up of statutes which govern the general obligations and rights of persons within the jurisdiction of California.

Is it illegal to write a letter to a home seller in California?

Know your state law: California law doesnt prohibit such letters written by a potential buyer or renter to the seller or landlord. And California law requires the potential buyers agent to deliver such letters to the sellers or landlords agent, and that agent must give them to his or her client.

Does writing a letter to the seller help?

And many real estate agents across the country, following guidance from the National Association of Realtors, recommend against writing a letter to a home seller, and most of them wont or at least shouldnt help you craft one or present it to the seller.

What does California Civil Code 2079 does not require quizlet?

California Civil Code 2079 does NOT require: that agency disclosure forms be provided in raw land and business opportunity transactions.

What does the Civil Code 2079 not require in California?

California Civil Code 2079 only establishes the selling brokers duty to inspect and disclose- the code does not apply to buyers broker.

What does California Civil Code 2079 require?

Under California Civil Code Section 2079, a sellers agent must (a) conduct a reasonably competent and diligent visual inspection of the property and (b) disclose to the prospective buyer all facts materially affecting the value or desirability of the property that an inspection would reveal. (Cal. Civ.

Which disclosure form is provided to sellers first?

When you make an offer on a home, one of the first pieces of paperwork youll get is a sellers property disclosure. Also known as a property disclosure statement, home disclosure and real estate disclosure form, this document contains a list of known problems with the home.

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Replace Payment Field to the Home Seller Form