Tag

right to rescind

“An Offer Has Been Accepted Contingent Upon: Other”

Buyers Who Hear Footsteps (i.e., Backup Offers) “Offer accepted contingent on 3 weeks of due diligence by builder.  Accepting back up offers now.  All showings through listing agent.” –Agent Remarks, MLS Normally, “Contingent Upon:  Other” on MLS means a property — typically a condo or townhome — is under contract, but that the Buyer is still reviewing...
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Condo/Townhome Deal Breakers

Common Interest Community (“CIC”) Rules & Reg’s Test your knowledge of Common Interest Communities — typically associated with condo’s and town homes — and answer the following multiple choice question: Which of the following is most likely to be a deal breaker in the sale of a condo or town home? A. No fireplace —...
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