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  2. 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 ...

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

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

    Finding out the buyer failed to secure funding: If the buyer can’t get a mortgage, the seller is typically not required to continue the sale. You have the right to be paid the agreed-upon price ...

  4. Listing contract - Wikipedia

    en.wikipedia.org/wiki/Listing_contract

    Exclusive right to sell: The seller must pay the brokerage a commission if, by the expiration date in the listing contract, the real estate is sold, regardless of whether the buyer is obtained through the agency or not. Even if the seller finds the buyer him/herself, a commission is still owed to the brokerage.

  5. How much should real estate agents make? Courts may ... - AOL

    www.aol.com/much-real-estate-agents-courts...

    The sale of the home also includes a 2.75% commission to a real estate agent who brings in a buyer, if that agent is a member of the Keys Multiple Listing Service.

  6. Cooling-off period (consumer rights) - Wikipedia

    en.wikipedia.org/wiki/Cooling-off_period...

    For example, in the European Union the Consumer Rights Directive of 2011 obliges member states to give purchasers the right to return goods or cancel services purchased from a business away from a normal commercial premises, such as online, mail order, or door-to-door, with limited exceptions, within two weeks or one year if the seller did not ...

  7. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    Although money is the most common consideration, it is not a required element to have a valid real estate contract. An earnest money deposit from the buyer(s) customarily accompanies an offer to buy real estate and the deposit is held by a third party, like a title company, attorney or sometimes the seller. The amount, a small fraction of the ...

  8. New condo laws are forcing South Florida residents to sell ...

    www.aol.com/finance/condo-laws-forcing-south...

    Florida realtor Jeff Chenore has been in the real estate business for 30 years and says the situation is reaching a breaking point. ... "There's a lot of condominiums that are currently for sale ...

  9. Conditional sale - Wikipedia

    en.wikipedia.org/wiki/Conditional_sale

    A conditional sale is a real estate transaction where the parties have set conditions. [1] [2] A standard real estate transaction usually begins when a prospective purchaser submits an offer to purchase to the vendor of a property. As in a standard offer, a conditional offer sets out the terms of the sale such as the purchase price, the date of ...

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