Category: Closing Issues

Seller’s Contractual Representations Survive Closing

Attorney, Closing Issues, Contract 7.0, Lawyer, Representations, Rules & Regulations

Seller’s Contractual Representations Survive Closing Honesty and transparency play a critical role in a luxury home transaction. Sellers must understand the representations and assurances made by them thru the language of the real estate sales contract. Selling your home is a significant endeavor, filled with complexities and legal intricacies. Among the crucial aspects of a real estate […]

Closing Issues, Condition of Home, Damage, Inspection, Personal Property, Possession, Property Damage, Representations

Condition of Home at Closing – Buyer Inspection Sellers must understand their duty to transfer the luxury home in proper condition and the buyer’s right to inspect the home prior to consummating the closing. Understanding property condition requirements and the buyer’s inspection rights ensures legal compliance with the terms of the sales contract. Sellers must fulfill their responsibilities, […]

Closing Issues, Contract 7.0

Understand the Residential Real Estate Closing Transaction Understand the significance of defining the closing date, time, and location in a residential real estate transaction. Appreciate the damages resulting from an “event of default.” Selling your home is a momentous endeavor, marked by numerous legal and financial intricacies. Among the critical components of a residential real estate […]