Conditions and Escape Clauses

There is always a great deal of confusion and discussion concerning conditions and escape clauses contained in agreements relating to real estate. But, it is really rather straightforward and the …

Use of Counter Offers

The Counter Offer might be a helpful document. Remember that in the process of offers and counter offers, it is only the agent-to-agent communication which must be transmitted by fax …

Can an Offer be Revoked?

This seems to be a question that arises rather frequently. Let’s have a look at some of the issues. Question: Consider the following scenario. A Broker from a Cooperating Brokerage …

Failure to Clarify “Closing Date”

In order to be “enforceable”, real estate contracts must be “definite and clear”. So, here, the Courts will look to: 1) parties, (sufficient to identify) 2) price, (capable of ascertainment) 3) description, …

Failure to Clarify “Description”

In order to be “enforceable”, real estate contracts must be “definite and clear”. So, here, the Courts will look to: 1) parties, (sufficient to identify) 2) price, (capable of ascertainment) 3) description, …