Tag

exclusion

Exclusions & Protected Lists: Why They’re Seldom a Factor in Residential Real Estate

What Happens After the Listing Contract Expires? [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] “Seller understands that the Seller does not have to pay Broker’s compensation if Seller...
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So, Who Pays For That Post-Closing Special Assessment — the Buyer or Seller?

Home Sale “Bones of Contention”** — and How to Avoid Them Sellers don’t want to pay special assessments that are payable after closing . . . because they’re not going to be the owner then. It makes sense for the Buyer to pay it, they reason, because it’s the Buyer who’s going to enjoy the...
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Does Lucy Come With the House?

What to Do About the 5′ Tall Fiberglass Statue on the Front Lawn Should the Buyer of this 1950’s rambler just west of Cedar Lake expect the Lucy statue on the front lawn to come with the home? Step #1: determine whether it’s a fixture — Realtor-speak for, “is it permanently attached to the home?”...
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Exclusions & Protected Lists: Why They’re Seldom a Factor in Residential Real Estate

What Happens After the Listing Contract Expires? [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] “Seller understands that the Seller does not have to pay Broker’s compensation if Seller...
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Exclusions & Protected Lists: Why They’re Seldom a Factor in Residential Real Estate

What Happens After the Listing Contract Expires? [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] “Seller does not have to pay Broker’s compensation if Seller signs another valid listing...
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Home Warranty Coverage Confusion

Better Read the Fine Print — and Take Good Notes Along with the proliferation of home warranties in home sales — the option to include such a warranty is now baked into Minnesota’s standard Purchase Agreement — has come (at least to this practitioner) a spike in complexity as well. Here’s just a partial list...
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