Ads
related to: residential buyer tenant representation agreement short form doc state of illinoisrocketlawyer.com has been visited by 100K+ users in the past month
lawdepot.com has been visited by 100K+ users in the past month
pdfsimpli.com has been visited by 1M+ users in the past month
Search results
Results from the WOW.Com Content Network
Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. Buyers and sellers are generally advised to consult a licensed real estate professional for a written definition of an individual state's laws of agency .
Typically, separate listing agreements exist for the sale of residential property, for land, and for commercial or business property. [ 2 ] [ clarification needed ] Upon listing the property, the real estate agency tries to obtain a buyer for the property and, in consideration of successfully finding a satisfactory buyer, the broker anticipates ...
Money is the most common form of consideration, but other consideration of value, such as other property in exchange, or a promise to perform (i.e. a promise to pay) is also satisfactory. Notarization by a notary public is normally not required for a real estate contract, but many recording offices require that a seller's or conveyor's ...
A lease option (more formally Lease With the Option to Purchase) is a type of contract used in both residential and commercial real estate.In a lease-option, a property owner and tenant agree that, at the end of a specified rental period for a given property, the renter has the option of purchasing the property.
in the Northern District of Illinois, Eastern Division, a substantial part of the events or omissions giving rise to the claim occurred in the Northern District of Illinois, Eastern Division, and the property which is the subject of this lawsuit is located in the Northern District of Illinois, Eastern Division. DEFENDANT 4.
Should the tenant/buyer be unable to purchase the house due to a lack of financing, the tenant and landlord can agree to extend the option period, convert the lease purchase contract into a traditional rental agreement, or end the contract with the tenant moving out and the landlord seeking other renters or buyers. [4]
Ads
related to: residential buyer tenant representation agreement short form doc state of illinoisrocketlawyer.com has been visited by 100K+ users in the past month
lawdepot.com has been visited by 100K+ users in the past month
pdfsimpli.com has been visited by 1M+ users in the past month