A real estate purchase agreement is a document used in property transactions. It serves as a binding contract between buyer and seller, detailing all the essential terms and conditions of the sale ...

A lot depends on the details of your specific contract. Legally, a seller’s best bet for successfully backing out of a sale is if a contingency written into the contract has not been met. Home sellers ...

A reader asks real estate lawyer Gary Singer: We want to get out of our contract to sell our house. ... First, carefully read the purchase contract you signed with your buyer.

Buyers should always include a this contingency in their purchase agreement, says Ralph DiBugnara, president of real estate website Home Qualified and VP at New American Funding. In fact, he says ...

November 16, 2023 - In a transaction involving the sale of commercial real estate, the purchase agreement is key. It sets out the road map that governs and regulates the rights and obligations of ...

Guidance on common risk allocation mechanisms in commercial real estate contracts, such as purchase and sale agreements, leases, joint venture agreements, loan documents, and construction documents.

In 2022, the real estate market was volatile and house pricing was all over the place. Zoleta and Singh signed a purchase agreement for a property in Kitchener. Singh paid the deposit, and they ...

A recent application of the doctrine is illustrated in the Ontario case, 2730453 Ont. Inc. v. 2380673 Ont. Inc. 2, in which the court not only upheld an unwritten agreement for the sale of land ...

A real estate attorney can help identify any potential red flags or hidden clauses within the agreement that may not be in your best interest. They protect your rights, ensuring fair, transparent ...

Q: We are looking to purchase our new home from a real estate renovator who bought it last year and fixed it up. The contract has a lengthy, one-sided addendum making the sale “as-is” and ...

The language of real estate contracts is typically written to protect buyers, and in some cases, a home seller who reneges on a purchase contract can be sued for breach of contract.