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What does RO mean in real estate?

R/O: Resident Occupied.

Can seller terminate during due diligence in Georgia?

During the Due Diligence Period, you can terminate the contract for ANY REASON here in Georgia.

What is the abbreviation for real estate?

RE stands for Real Estate.

What does ATAC stand for in real estate?

The buyer delivers its repair terms on the Amendment to Address Concerns (ATAC F704).

What does atac stand for?

Anti-Terrorism Advisory Council (ATAC)

atac real estate

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How long does seller have to respond to repair request California?

When he/she submits a request for repairs, the buyer sometimes asks for particular contractors to do specific work. The seller typically has three business days from the time of receipt to respond to buyers. In that period, the buyer cannot change his/her request. A seller has a choice of three responses.

What is the difference between an amendment and an addendum in real estate?

A contract amendment vs addendum are terms used when changing or adding to an original document. An amendment makes changes to an already existing agreement whereas an addendum adds an additional document to the existing agreement.

What are amendments in real estate?

Sometimes real estate contracts need to be amended for unforseen reasons. A standard amendment to purchase and sale agreement might include information concerning changes or additions in price, date of delivery, inspection requirements, financing conditions, title policy provisions, etc.

What is an example of an addendum in real estate?

Addendum in Real Estate Just remember, when we ADD to the contact, we use the ADDendum. For example, lets say during the escrow process theres some damage to the carpets done by the pet or child of the seller. The seller agrees to then add a $5,000 credit for new carpet at the close of escrow.

What does LB mean in real estate?

Listing Broker - The broker that represents the seller and has the property listed for sale. It is often another broker, representing a buyer, that secures an offer to purchase the property.

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