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2. Option fee - Wikipedia

   en.wikipedia.org/wiki/Option_fee

   The residential real estate industry in Texas is unique in that the real estate sales contract forms used in most transactions in the state are developed through a state agency, the Texas Real Estate Commission (TREC). TREC's Broker-Lawyer Committee develops standard contract forms and addenda which are promulgated by the Commission.

3. Rescission (contract law) - Wikipedia

   en.wikipedia.org/wiki/Rescission_(contract_law)

   In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. [1] Rescission is the unwinding of a transaction.

4. Can a seller back out of a real estate contract? - AOL

   www.aol.com/finance/seller-back-real-estate...

   If they are unable to find a property, they can cancel the sale of their current home per the contract. Taking advantage of attorney review: Many contracts include an attorney review period.

5. United States contract law - Wikipedia

   en.wikipedia.org/wiki/United_States_contract_law

   SJ Burton and MA Eisenberg, Contract Law: Selected Source Materials Annotated (2011) RE Barnett, The Oxford Introductions to U.S. Law: Contracts (2010). MA Chirelstein, Concepts and Case Analysis in the Law of Contracts (6th edn 2010) EA Farnsworth, Contracts (2008) LL Fuller, MA Eisenberg and MP Gergen Basic Contract Law (9th edn 2013)

6. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located.

7. Termination for convenience - Wikipedia

   en.wikipedia.org/wiki/Termination_for_convenience

   In Canada, the Supreme Court of Canada has recognised that good faith contractual performance is a general organising principle of the common law.This duty applies to all contracts, requiring parties to act honestly in the performance of their obligations, and therefore would operate to determine whether activation of a termination for convenience clause had been done in good faith.

8. Prisoners of Profit - The Huffington Post

   projects.huffingtonpost.com/prisoners-of-profit

   By the mid-1990s, Esmor had expanded far beyond its New York City origins, winning contracts to manage a boot camp for young boys and adults outside of Forth Worth, Texas, and immigration detention centers in New Jersey and Washington state. As the company grew and sought more contracts, executives hired knowledgeable government insiders.

9. 72-hour clause - Wikipedia

   en.wikipedia.org/wiki/72-hour_clause

   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 ...