most purchase agreements are contingent on what?
7381
Most purchase agreements are contingent upon a satisfactory home inspection and mortgage financing approval. There are other types of contingencies as well, in addition to the most common ones mentioned above. Buyers should use a "market-minded" approach when adding these items to their contracts.
16211
The sellers of a property in "contingent" or "active contingent" status have also accepted an offer to buy the home. But with a contingent listing, the contract is contingent upon the buyer's ability to sell his existing home, i.e., if the buyer doesn't sell his home, he is able to back out of the contract.
1167756
Verbal rental agreements can be binding, as there are times that they are and times that they aren't, and it depends on numerous other facts that you don't specify. But generally speaking, it's a good rule of thumb to assume that they are binding.
1278589
A purchase order is issued by the buyer (or client) at the start of a business transaction. It documents the client's expectations in regards to products or services required, quantities, and price. ... An invoice includes the previously agreed upon price that the buyer should pay now that the order has been completed.
1185197
All offers must be definite and specific in their terms. The essential terms of the deal, such as price, manner of acceptance and timing, must be stated. An example is “I offer you my grandfather's antique watch for $200.
457871
['A valid home purchase agreement must be in writing.', 'The contract must contain an offer and an acceptance.', 'The purpose of the agreement must be legal.', "There must be an exchange of things of value (usually, it's money for property)"]
1388373
['Fixed-Price Contracts. ... ', 'Cost-Reimbursement and Cost-Plus Contracts. ... ', 'Time-and-Materials Contracts (T&M) ... ', 'Indefinite Delivery/Indefinite Quantity (IDIQ) Contracts.']
840346
Essentials of a valid Offer : An offer to be valid and enforceable following conditions are to be satisfied. 1) There must be Two parties : 2) Every proposal must be communicated. 3) It must create Legal Relations. 4) It must be Certain and definite.
98734
Programmatic Guaranteed: You and the buyer negotiate a price and terms for inventory that is reserved (guaranteed) for that buyer. Inventory is designated for only that buyer at that price. Preferred Deal: You and the buyer negotiate a price and terms for inventory that buyer can optionally bid upon.
720846
Assuming that any subject conditions have been satisfied, an offer will generally be binding provided these four essential elements have been settled: parties, premises, rent and term.
1239543
['agreement (offer and acceptance)', 'consideration.', 'legal purpose.', 'contractual capscity.']
194959
The two essential elements for a valid sale escrow are a binding contract/agreement between buyer and seller and the conditional delivery to a neutral third party of something of value, as defined, which typically includes written instruments of conveyance (grant deed) or encumbrance (deed of trust) and related ...
842935
Procurement normally purchases (buys) things. Contracts normally awards services that imply manpower and/or assistance of some kind, other than buying goods.
359716
['Communicated. The person making the offer (the offeror) must communicate his offer to a person who may then choose to accept or reject the offer (the offeree). ... ', 'Committed. ... ', 'Definite Terms. ... ', 'Other Issues.']
1130031
negotiable. If you're told that a price is negotiable, that means you can talk it over until you reach an agreement. So don't start with your highest offer. ... If you can pass on a possession to someone else, making them the owner, then it's said to be negotiable.
599222
Contractual terms are defined as conditions, warranties or innominate terms. ... For example, the Sale of Goods Act 1979 provides that a seller's title to goods and their quality and fitness for purpose are conditions in a business-to-consumer contract.
213481
First, in order to place an offer on a house, you will in all likelihood deliver a written offer to the seller. ... You are legally bound to go through with the sale, unless one of the contingencies (conditions) set forth in your purchase contract isn't met.