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A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [1] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the seller ...
72-hour kick out contingency - Seller contingency, in which the seller accepts a contract from a buyer with a contingency (typically a home sale or rent contingency where the buyer conditions the sale on their ability to find a buyer or renter for their current property prior to settlement). The seller retains the right to sell the property to ...
Category:Contract clauses concerns specific clauses in legal contracts. Pages in category "Contract clauses" The following 54 pages are in this category, out of 54 total.
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For example, within the United States, the federal government imposes 72-hour cooling-off periods for many consumer transactions completed at home or away from the seller's traditional place of business.
Binder – In law, a binder (also known as an agreement for sale, earnest money contract, memorandum of sale, or contract to sell) is a short-form preliminary contract in which the purchaser agrees to buy and the seller agrees to sell certain real estate under stated terms and conditions, usually in the form of a purchase offer, and is ...
72-hour clause; 99-year lease; 999-year lease; A. Abolition of Feudal Tenure etc. (Scotland) Act 2000; ... Probate sale; Project 70 Land Acquisition and Borrowing Act;
In 2018, Hague developed 72SOLD.com, a program that allows users to sell homes in 72 hours. [31] [32] In 2019, Hague initiated a political campaign to repeal a state law prohibiting Arizona communities from regulating short-term rentals. [33] [34] [35] In 2021, Hague's real-estate firm, 72SOLD, partnered with the Arizona Cardinals. [36]