To carry out a “bona foi” transaction, it is important that the seller informs the buyer of necessary repairs, defects or other problems with the property. Often, when the buyer learns of a material error after the inspection, it can lead to a bad taste in the mouth and wonder if something is wrong with the property yet. 1 2 3 4 5 6 7 8 9 10 11 12 Residential real estate purchase agreement (joint fiduciary instructions and serious money deposits) Date: March 8, 2012 Model customer (“buyer”), he offers the purchase of 1234 las vegas dr, las vegas, nv 89146 (“property”), las vegas. When most lease options exist, a serious deposit of money is usually required. At that time, the landlord must be informed of the tenant`s intention to purchase the property either directly or through the landlord`s agent….
- No categories