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2. 72-hour clause - Wikipedia

   en.wikipedia.org/wiki/72-hour_clause

   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 to continue to market the property. The 72 hour clause is usually written into sales contracts by the seller, this allows a seller to keep the home on the market and accept backup offers ...

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

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

   Coming to a mutual agreement: In some cases, simply asking the buyer to cancel the contract may work. If the seller doesn’t have cause, the buyer is not required to agree, but it doesn’t hurt ...

4. Rescission (contract law) - Wikipedia

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

   First, where a party to a contract exercises an express right of termination, he or she is sometimes said to have exercised a right to rescind the contract. Secondly, where a party is faced with a repudiation, the party can elect to terminate the contract; this too has often been referred to as an election to rescind. "Rescission" at common law.

5. What can a seller do if a homebuyer backs out of the contract?

   www.aol.com/finance/seller-homebuyer-backs...

   Key takeaways. A buyer can back out of a home purchase even after signing a contract if all agreed-upon contingencies are not met. Common reasons for buyers to back out include issues revealed ...

6. Right of first refusal - Wikipedia

   en.wikipedia.org/wiki/Right_of_first_refusal

   In general, the owner must make the same offer to the option holder before making the offer to the buyer. The right of first refusal is similar in concept to a call option. A ROFR can cover almost any sort of asset, including real estate, personal property, a patent license, a screenplay, or an interest in a business.

7. What new Realtor ruling means for Columbus home buyers, sellers

   www.aol.com/realtor-ruling-means-columbus-home...

   A seller, for example, would pay a total of $18,000 ($9,000 to agents on each side) on the sale of a $300,000 home. If a buyer isn't represented by an agent, the seller's agent typically would ...

8. Listing contract - Wikipedia

   en.wikipedia.org/wiki/Listing_contract

   A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:

9. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   A typical real estate contract specifies a date by which the closing must occur. The closing is the event in which the money (or other consideration) for the real estate is paid for and title (ownership) of the real estate is conveyed from the seller(s) to the buyer(s). The conveyance is done by the seller(s) signing a deed for buyer(s) or ...