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Create contracts online with ease and speed Contractbook

Details: WebImport existing contracts & never miss deadlines. Organize all of your contracts under one roof. Upload vendor PDFs and create reminders from auto-detected dates and task …

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What is the right of withdrawal

Details: WebWithdrawing from a real estate purchase is not free of charge, however. If the buyer withdraws, they have to pay a compensation equal to 1 % of the real estate’s purchase …

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What is the purpose of a contract

Details: WebBeing under contract is a term often used in the realm of real estate and property. When a house is under contract, it means that one party has made an offer on …

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Contract Creation: How to create a contract

Details: WebFor example, real estate sales, marriage contracts, long-term contracts (1+ years), or a transfer of wealth at the death of the party signing the contract. ‍ Generally, …

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What is Ownership Interest

Details: WebIf the real estate is damaged or somehow taken away ownership interest entitles owning parties to just compensation. When purchasing real estate with a mortgage loan, the …

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Sales & Purchase Agreement Contractbook

Details: WebA classic example is real estate. But these agreements will often be used when there is a large cost or quantity being purchased. It can also be to detail a revolving purchase, such …

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What is a sales commission

Details: WebA sales commission is a key element of any sales compensation scheme. It is a monetary reward granted to a salesperson (or a team of salespeople) upon meeting a certain …

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General Power of Attorney template Contractbook

Details: WebMy Attorney's powers shall include, but not be limited to, the power to: 1. Open, maintain, operate or close one or more banking accounts, including, but not limited to, checking …

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Shareholders' Agreement Free template Contractbook

Details: WebThe purchase, sale or mortgaging of real estate, businesses, companies and similar activities; Matters exceeding VALUE in value and that are not previously included in the …

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What is a consideration clause

Details: WebA consideration clause is a provision most commonly used in insurance policies that provides information on how much the coverage costs and when to pay. Other industries …

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What is due diligence

Details: WebThe common features that due diligence in real estate will have are: looking at the location for any possible risk, any risk factors to do with the property itself any environmental …

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What is a contingency contract

Details: WebA simple contingency contract definition is a contract that contains a contingency clause that identifies an action or condition that must be achieved for the rest of the contract to …

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What is a Sales Agreement

Details: WebFor real estate property: how high the mortgage is that the buyer needs to purchase the property; Special considerations. A sales agreement is only then signed off when all the …

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What is Attorney Approval Clause

Details: WebWhat is an attorney approval clause in real estate sales? An attorney approval clause enables buyers to sign a sales and purchase agreement and to conduct the trade in …

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Power of Attorney

Details: WebA power of attorney is often used in the event of a person's illness, disability or absence. In granting a power of attorney, the person is authorising the other person to make legal …

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What is a licensing agreement

Details: WebLicensing agreements can cover a wide variety of property: real estate holdings, personal possessions or intellectual property like copyrights, trademarks or patents. What a …

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Escrow Contractbook

Details: WebWhen it comes to real estate escrow transactions, an escrow account will hold the funds (as previously mentioned) for the housing sale. This will be done if there are certain …

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What is Security agreement

Details: WebA security agreement outlines the security interest of a lender in a specific asset or property that functions as collateral for a loan. In case the debtor defaults on the loan, the lender …

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What is an Estoppel Certificate

Details: WebAn estoppel certificate describes the current condition of a lease agreement, the relationship between landlord and tenants as well as any other important clauses included in the …

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