purchase agreement | firsttuesday Journal

The liquidated damages provision and the breaching buyer’s deposit when prices decline

by Carrie B. Reyes | May 15, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Recessions, Your Practice | 0

Agents need to be aware of the maximum dollar amount the seller is entitled to receive upon a buyer’s breach – especially when home prices are falling.

The breaching buyer’s responsibilities: Part 2

by Carrie B. Reyes | May 8, 2023 | Feature Articles, Real Estate, Your Practice | 0

How does a buyer’s breach impact the seller’s ability to collect on a monetary loss in practice?

The seller cancels the purchase agreement: now what?

by Carrie B. Reyes | Apr 24, 2023 | Buyers and Sellers, Feature Articles, Market Watch features, Your Practice | 0

Buyer remedies when a seller breaches or cancels a purchase agreement

Extending performance dates to attain purchase agreement objectives

by Carrie B. Reyes | Apr 17, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Your Practice | 0

Avoid premature termination when purchase agreement objectives can be met by extending dates.

Time to perform as staging a cancellation

by Carrie B. Reyes | Apr 10, 2023 | Feature Articles, Real Estate, Your Practice | 0

Learn when a buyer or seller may exercise their right to cancel the purchase agreement and terminate the transaction.

Analyzing the Purchase Agreement

by ft Editorial Staff | Mar 12, 2023 | Real Estate, Video | 0

Universal characteristics of the purchase agreement; Identification; Price and terms; Acceptance and performance; Property conditions; Closing conditions; Brokerage fee; Signatures and agency confirmation

The Purchase Agreement in Practice

by ft Editorial Staff | Mar 5, 2023 | Real Estate, Video | 0

A buyer’s use of the purchase agreement to prepare and submit a written offer to purchase property.

California Real Estate Forms and the Freedom of Choice

by ft Editorial Staff | Feb 26, 2023 | Real Estate, Video | 0

A broker’s freedom to use any real estate form they choose

Form-of-the-Week: Equity Purchase Agreement and Equity Purchase Agreement with Short Sale Contingency — Forms 156 and 156-1

by Amy Perry | Dec 12, 2022 | Forms, Investment, Real Estate | 0

When an investor or dealer wants to purchase a residence in foreclosure, they use RPI Form 156 and 156-1 when it is a short sale.

Farm and Ranch Purchase Agreement Addendum — General Use — RPI Form 158-4

by ft Editorial Staff | Oct 3, 2022 | Forms | 0

Download the Form This form is used by a buyer’s agent when the buyer will use seller carryback financing to purchase a farm or ranch property, to prepare an addendum to add provisions to the purchase agreement. Your use...

Farm and Ranch Purchase Agreement Addendum — Seller Financing — RPI Form 158-3

by ft Editorial Staff | Oct 3, 2022 | Forms | 1

Download the Form This form is used by a buyer’s agent when the buyer will use seller carryback financing to purchase a farm or ranch property, to prepare an addendum to the purchase agreement offer setting forth the terms...

Farm and Ranch Purchase Agreement Addendum — Seller’s Environmental Conditions Statement — RPI Form 158-2

by ft Editorial Staff | Oct 3, 2022 | Forms | 0

Download the Form This form is used by a buyer’s agent when the buyer will purchase a farm or ranch property, to prepare an addendum to the purchase agreement offer contingent on seller disclosures of environmental...

Farm and Ranch Purchase Agreement Addendum — One-to-Four Unit Residential Dwelling — RPI Form 158-1

by ft Editorial Staff | Oct 3, 2022 | Forms | 0

Download the Form This form is used by a buyer’s agent when a buyer will purchase a farm or ranch which includes a one-to-four unit residential dwelling, to prepare an addendum to the purchase agreement offer containing...

Purchase Agreement — Farm and Ranch — RPI Form 158

by ft Editorial Staff | Oct 3, 2022 | Forms | 0

Download the Form This form is used by a buyer’s agent, or a seller’s agent as the counteroffer, when a buyer will purchase a farm or ranch property, to prepare an offer to purchase the property. Your use of RPI Form...

Form-of-the-Week: Purchase Agreement — Farm and Ranch — Form 158

by ft Editorial Staff | Sep 28, 2022 | Forms, Real Estate | 0

Agents use RPI Form 158 and its addenda when conducting a farm and ranch real estate sales transaction.

Brokerage Reminder: Keeping offers a secret is a DRE violation

by ft Editorial Staff | Aug 4, 2022 | Brokerage Reminder, Real Estate | 2

Some California real estate licensees still labor under the myth that the use of real estate forms...

Buyer breach of contract in a decreasing price environment: Seller remedies

by Madison Hart | Jul 15, 2022 | Buyers and Sellers, Home Sales, Real Estate | 0

Things get messy when a buyer breaches a contract. Buyers and sellers alike ought to understand the legal ramifications involved.

Purchase Agreement — One-to-Four Residential Units — Principal to Principal — RPI Form 150-3

by ft Editorial Staff | Mar 8, 2022 | Forms | 0

Download the Form This form is used by a buyer acting as a principal without an agent when the buyer will submit a purchase offer directly to a seller acting as a principal without an agent for a one-to-four unit residential...

Purchase Agreement — Short Form — One-to-Four Residential Units — RPI Form 154

by ft Editorial Staff | Mar 7, 2022 | Forms | 0

Download the Form This form is used by a buyer’s agent when the buyer will purchase a one-to-four unit residential property, to prepare an offer for all cash or cash to new or existing financing arrangements to be stated...