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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...

    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. Listing contract - Wikipedia

    en.wikipedia.org/wiki/Listing_contract

    Typically, the real estate agent has the experience and data to determine a suitable listing price for the seller's property and will recommend a listing price to the seller. The seller can accept, reject, or try to negotiate a different listing price for the contract.

  5. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...

  6. What to do if your homeowners insurance is canceled - AOL

    www.aol.com/finance/homeowners-insurance...

    To cancel a home insurance policy, you will first need to contact your current provider. If you have a mortgage on your home, you will also need to contact your lender as it is typically a ...

  7. Quitclaim - Wikipedia

    en.wikipedia.org/wiki/Quitclaim

    Generally, a quitclaim is a formal renunciation of a legal claim against some other person, or of a right to land. [1] A person who quitclaims renounces or relinquishes a claim to some legal right, or transfers a legal interest in land. [2]

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  9. Breach of contract - Wikipedia

    en.wikipedia.org/wiki/Breach_of_contract

    National Power plc v United Gas Company Ltd. (1998), [18] where Colman J considered wording relating to "a material breach of any of [the guilty party's] obligations", allowing termination of the contract if remedy of such breach had not been commenced within seven days. The judge ruled that recognition that a material breach might be remedied ...

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