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Understanding the Sale and Purchase Agreement
 
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A sale and purchase agreement is a legally binding contract between the buyer and the seller. It sets out all the details, terms and conditions of the sale. This includes things such as the price, any chattels being sold with the property, whether the buyer needs to sell another property first and the settlement date. A sale and purchase agreement provides certainty to the buyer and the seller about what will happen when. You can visit settled.govt.nz and find out more about the sale and purchase agreement here: https://settled.govt.nz/sandp About settled.govt.nz: Guiding Kiwis through home buying and selling Settled.govt.nz is brought to you by the Real Estate Authority (REA), the independent government agency that regulates the New Zealand real estate industry. Our aim is to promote and protect the interests of consumers involved in real estate transactions, and to promote a high standard of professionalism and service in the real estate industry. Settled.govt.nz provides comprehensive independent information and guidance for home buyers and sellers. It'll help you feel more in control and help to get you settled. You can visit settled.govt.nz and find out more about the home buying and selling process: https://settled.govt.nz/ If you would like to get in contact with us please follow this link: https://www.settled.govt.nz/contact-us/ Like our Facebook page: https://www.facebook.com/settled.govt.nz To subscribe to our channel click here: http://bit.ly/2I9qZVe
Views: 3004 settled.govt.nz
How to Fill Out a Real Estate Contract For Sale and Purchase [E-84]
 
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How to Fill Out the Florida Real Estate Contract For Sale and Purchase We'll See You At The Closing Table! http://www.titlerate.com CONNECT WITH US HERE! Facebook: https://goo.gl/u5lmCo Twitter: https://goo.gl/yQXSx5 Google+: https://goo.gl/n7V4rh Independence Title, Inc. Kevin Tacher, Founder Chief Marketing Officer Phone: 954-335-9305 [email protected] www.TitleRate.com Get your INSTANT CLOSING QUOTES here http://www.titlerates.com Independence Title is the leading provider of title insurance and related real estate settlement services in Fort Lauderdale. Since 2003 we've provided superior real estate and mortgage settlement services throughout the State of Florida. As agents for Old Republic National Title Insurance Company and Westcor Land Title Insurance Company, we have the resources available to close any deal, anywhere and at any time with the best title insurance cost. We pride ourselves in providing the best the industry has to offer in title insurance fees, technology with our title insurance calculator and customer service. Throughout our 10+ year history, our conservative management philosophy has allowed us to grow and remain strong through the ups and downs of the market while other title insurance companies have closed their doors. Independence Title's financial strength provides the confidence our customers need from their title insurance company in these tough economic times. We welcome you to browse our website and contact us with any questions you may have regarding our company and the services we provide. We’re looking forward to serving you soon! This video publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is produced with the understanding that the publisher and author are not engaged in rendering legal, accounting, financial, investment, tax or other professional services. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. By watching this video you agree to hold the author and publisher harmless for any acts that might result as a consequence of watching this video. Please consult with your attorney, CPA, financial advisor and other professional advisors relating to acting on any information contained in this video.
HIRE PURCHASE (TERM OF CONTRACT)
 
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BUSINESS LAW DSM3C 2018
Views: 221 Izzah Pola
Power Purchase Agreements for Grid-Aware Renewable Energy Procurement
 
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Power purchase agreements (PPAs) are a key mechanism that utilities use to procure variable renewable energy from independent power producers. A PPA is a long-term (20-25 year) contract that codifies all aspects of the electricity sale, including the price of electricity and the associated legal obligations of both parties. This webinar focuses on PPA provisions that can enable wind and solar technologies to enhance grid stability and contribute to power system flexibility. Discussed are key considerations, including ancillary services, advanced telemetry, and automatic generation control. The discussion is followed with a presentation by Xcel Energy, a vertically integrated electricity utility in the United States and the largest wind buyer in the country, to discuss Xcel Energy’s Model PPA for wind power systems.
What is ASSET PURCHASE AGREEMENT? What does ASSET PURCHASE AGREEMENT mean?
 
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What is ASSET PURCHASE AGREEMENT? What does ASSET PURCHASE AGREEMENT mean? ASSET PURCHASE AGREEMENT meaning - ASSET PURCHASE AGREEMENT definition - ASSET PURCHASE AGREEMENT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An asset purchase agreement (APA) is an agreement between a buyer and a seller that finalizes terms and conditions related to the purchase and sale of a company's assets. It's important to note in an APA transaction, it is not necessary for the buyer to purchase all of the assets of the company. In fact, it's common for a buyer to exclude certain assets in an APA. Provisions of an APA may include payment of purchase price, monthly installments, liens and encumbrances on the assets, condition precedent for the closing, etc. An APA differs from a stock purchase agreement (SPA) where company shares, title to assets, and title to liabilities are also sold. In an APA, the buyer must select specific assets and avoid redundant assets. These assets are itemized in a schedule to the APA. The buyer in a SPA is purchasing shares of the company. In this case, itemization is not necessary due to transfer of company's ownership occurs as is. The APA is the legal mechanism for executing a corporate merger or acquisition. The oil and gas industry does not distinguish between an asset and stock purchase in naming its related purchase agreement. In this industry, whether purchasing assets or stock, the definitive agreement is referred to as the Purchase and Sale Agreement (PSA). Defining and controlling behavior is a major objective of the APA. The buyer must represent its authority to purchase the asset. The seller must represent its authority to sell the asset. Additionally, the seller represent that the purchase price of the asset is equal to its value, and that the seller is not in financial or legal trouble. In the context of a merger or acquisition transaction, asset purchase agreements have a distinct set of advantages and disadvantages compared to using an equity (or stock) purchase agreement or a merger agreement. In an equity or merger acquisition, the purchaser is guaranteed to receive all of the target's assets without exception, but also automatically assumes all of the target's liabilities. An asset purchase agreement, alternatively, allows not only for a transaction where only some of the assets are transferred (which is sometimes desired) but also allows the parties to negotiate which liabilities of the target are expressly assumed by the purchaser, and allows the purchaser to leave behind those liabilities it does not wish to accept (or does not know about). A disadvantage of an asset purchase agreement is that it can often result in a greater number of change of control issues. For example, contracts held by a target, and acquired by a purchaser, will often require the consent of the counterparty in the context of an asset deal, whereas it is less common that such consent will be needed in connection with an equity sale or merger agreement.
Views: 521 The Audiopedia
The Agreement of Purchase and Sale | Mark Woehrle
 
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The Agreement of Purchase and Sale is the document that is commonly used in Ontario,Canada to make an offer to buy a house. It shows the buyer's intent to purchase a property and to negotiate the terms of the Sale. It is commonly referred to as an "Offer". This document allows the Buyer to outline the conditions they wish to be placed in their offer to buy the seller's property. Some common examples of a Buyer's conditions include arranging financing for the property to be purchased or completing a home inspection. The Seller, in turn, may want to make changes to the offer for the Buyer to consider. This process can continue back and forth several times in an effort to reach an agreement. The Agreement of Purchase & Sale includes the Purchase Price, Deposit, Irrevocability, Completion Date, Chattels Included, Fixtures Excluded, Rental Items, HST, Title Search, Future Use, Title, Schedule A, Closing Agreements etc.. Mark Woehrle Broker RE/MAX, Escarpment, Realty Inc., Brokerage Cell: 905-512-1846 Email: [email protected] Website: www.markwoehrle.com Video Dialogue Hi Everyone. It's Mark Woehrle, Remax Escarpment.We're going to talk about writing an offer today and the agreement of purchase and sale. On it we start out with the date, of course, we put in the buyer name and the seller name. We put down the address that you are looking to buy. We talk about the frontage and the depth and of course your purchase price. After that, you are going to submit a deposit and we're going to give a time to the seller to respond to us. One of the key components to your agreement of purchase and sale is the irrevocable date. It is the day and the time that the other party as to respond to your offer. Until then your offer is open and they can either accept your offer, reject your offer, or make you a counter offer. Or, if they really don't like your offer and they get something else that is even better, they don't have to respond to you. The next thing that we will discuss is the completion date. That is the day that you would like to move into your new house. This again, is negotiable. The next thing we talk about is chattels, which are things like your fridge, stove, microwave, dishwasher, washer, dryer, any sheds, riding lawn mower, stuff like that. Sometimes they tell you in the listing if those are already included or if you have to ask for them. Then we talk about fixtures excluded. Sometimes sellers say, I want to keep this beautiful chandelier here. It's been in my family for three generations. Then we talk about rental items. For example, a hot water heater is very common item to have rented. Some people also have furnaces or air conditioners, heating pumps, also on rental. You want to know about that. The next thing we talk about is the HST. In a resale home the HST is generally included unless you did a lot of renovations. The next thing we need to talk about is the title search date. This is the date that your lawyer will have until to search the zoning. The use on your house most likely single family residential is what it can be legally used for. If you are buying a duplex, triplex, or a commercial building, you want to make sure that you can use your building for what you want to use it for. Don't just go by what the seller represents. Make your own inquiries always. At the end of the agreement, you have to sign your name and date it. And I have to witness that for you and sign it myself. The next part of the agreement we are going to talk about is generally called Schedule A and those are some of the conditions. The first condition is always to pay the balance of the purchase price subject to adjustments to your lawyer. Some more popular conditions are number one: Home inspection obviously. Number two: Financing. Number three: That you are getting insurance. Number four: That you are requesting a survey. And maybe you want to ask for the utility bills for the last year. Maybe you would like to view the property one or two or three more times. And if there is anything else that you would like to have as a condition, you can ask for it in this section here. Any questions please give me a call. Mark Woehrle, Remax Escarpment Real Estate, 905-512-1846 on the web www.markwoehrle.com
Views: 4276 Mark Woehrle
Contract: How To Change A Purchase Agreement
 
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Top 10 Purchase Agreement Terms
 
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10 terms that matter most in a home purchase offer. Simplifying the hours of work and dozens of pages.
Power purchase agreement
 
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A power purchase agreement is a contract between two parties, one who generates electricity for the purpose and one who is looking to purchase electricity. The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination. A PPA is the principal agreement that defines the revenue and credit quality of a generating project and is thus a key instrument of project finance. There are many forms of PPA in use today and they vary according to the needs of buyer, seller, and financing counterparties. In the U.S., PPAs are typically subject to regulation by the Federal Energy Regulatory Commission. FERC determines which facilities applicable for PPAs under the Energy Policy Act of 2005. PPAs facilitate the financing of distributed generation assets such as photovoltaic, microturbines, reciprocating engines, and fuel cells. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 3558 Audiopedia
Purchase And Sale Agreement Explained
 
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A brief explanation about filling out a purchase and sale agreement when putting an offer on a home.
Views: 19380 Michael Eisenberg
Do not sign a provisional agreement for sale and purchase with terms left blank
 
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The Provisional Agreement for Sale and Purchase (PASP) is a legally binding document and therefore one should not sign a PASP with important terms left blank. Be a smart consumer and for your own protection, remember to finalise all negotiations and fill in all the blanks in the PASP before signing it.
Agreement for Sale of Property and Land - Explained in Hindi
 
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Agreement for Sale of Property is an agreement that is executed between Buyer and Seller before Sale Deed of the land or property is executed. Let's understand the terms and conditions of the agreement and how property is bought and sold through it. Related Videos: Property Registration Process: https://youtu.be/S3KW_a4lLHc Encumbrance: https://youtu.be/Ab-Ugt50fS8 Clear Title: https://youtu.be/s1_6vIldGng Sale Deed: https://youtu.be/pPezwHazJPA किसी भी संपत्ति का Agreement for Sale एक ऐसा अनुबंध होता है जो क्रेता और विक्रेता के बिच Sale Deed निष्पादित करने से पहले किया जाता है। आइए जानते हैं की Agreement for Sale के क्या नियम व शर्तें होती हैं और कोई भी सम्प्पति कैसे खरीदी और बेची जाती है। Share this Video: https://youtu.be/3L2ninpXC4c Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What is an Agreement for sale of a property? How is Agreement for sale different from sale deed? What terms and conditions are included in the Agreement for sale? How property is bought and sold through Agreement for sale? What is earnest money? किसी भी संपत्ति का Agreement for Sale क्या होता है? क्या Sale Deed से अलग होता है Agreement for Sale? ऐसे कौन से नियम व शर्तें हैं जो Agreement for Sale में शामिल किये जाते हैं? Agreement for Sale के साथ संपत्ति कैसे खरीदी और बेची जाती है? Earnest Money या Advance क्या होता है? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Twitter - http://twitter.com/assetyogi Pinterest - http://pinterest.com/assetyogi/ Google Plus – https://plus.google.com/+assetyogi-ay Facebook – https://www.facebook.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Instagram - http://instagram.com/assetyogi Hope you liked this video on "Agreement for Sale".
Views: 153597 Asset Yogi
Beat Licensing 101: This Is What You Purchase 🎹
 
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I get so many questions about beat licensing and music licensing that I decided to do another video on it. Whether you are buy beats or sell beats this is a must-watch. 💰 Buy Beat | Instant Delivery (Untagged) : http://www.beatstars.com/beat/moville-blues-935441 ➕ Subscribe : http://bit.ly/SubToWeGotBeats 🎹 Website : http://WeGotBeats.com 📧 Email : [email protected] ➡️️ Download 3 Hip Hop Beats http://bit.ly/1SWb3SQ beat licensing, music licensing, instrumentals, license, buy beats, sell beats, sell, beats, online, beatstars, airbit, type beat, type beat 2017, type beat 2018, wegotbeats, we got beats, wegotbeats.com Social Media Links: ►Facebook - http://www.facebook.com/officialwegotbeats ►Twitter - http://twitter.com/WeGotBeatsLLC ►Instagram - http://instagram.com/wegotbeatsllc/
Proposed Water Purchase Agreement
 
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On September 27, 2012, the Water Authority released for public review a draft contract that sets terms for purchasing desalinated seawater from a private developer. The agreement calls for the Water Authority to purchase at least 48,000 acre-feet of desalinated water per year for 30 years. The Water Authority's focus in negotiating the agreement has been to assign appropriate risks to the private developer while keeping costs for water ratepayers as low as possible. The Board of Directors will host two public meetings to share information on the agreement and to receive public comment. The Water Authority has not approved the draft agreement, and will set a date for voting on the agreement after it has had the opportunity to receive public comment and to review and deliberate on the agreement's terms.
Residential Purchase Agreement - Part 1
 
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Part 1 of my explanation of the Residential Purchase Agreement. The RPA (as it is known) is the most common real estate contract used to purchase residential real estate in the state of California. At eight pages (not including supplements) it is a critical contract to understand. In this video I walk through the first page and a half of the contract, in general terms. As always, it is critical to work with your realtor to ensure that you understand the terms of your contract in detail, and contact an attorney for any legal questions.
Views: 5494 Sharona Byrnes
Easy tip to get a long term purchase agreement vs just a one time sale
 
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http://www.d2dmillionaire.com Easy tip to get a long-term purchase agreement vs just a one time sale http://www.d2dmillionaire.com/long-term-purchase-agreement-vs-one-time-sale Do you get mostly a one time sale when you make a sale rather than a long-term purchase agreement? Easy tip to get a long-term purchase agreement vs just a one time sale, one time sale, long-term purchase agreement, purchase agreement, purchase agreementsHow to get a long-term purchase agreement vs a one time sale You most likely have seen the trend of getting rid of contracts and most people want to rent or lease month to month, or cell phone plans turning away from long-term contracts. Most people like freedom to be flexible and change their mind when they choose. So what are you to do if you want more than a one time sale and to create a residual income from repeat sales? Well one key tweak you should be making is the language you use to sell your program. For example instead of using the term contract you can use long-term purchase agreement, or service terms, or service agreement. Now again you don't miss lead people in the fact that if they ask if it's a contract you absolutely tell them it is, however when you use those other terms instead it doesn't bring up the red flags of commitment that a lot of people fear. Another way how to get a long-term purchase agreement vs a one time sale Another great strategy to get a long-term purchase agreement vs a one time sale is to provide different service or products depending on the time of year. For example if you were in a pest control service company you might have different services based on the different seasons of the year, such as saving indoor treatments for the winter. So if you marketed all of the services at once on the initial treatment you are setting yourself up for a one time sale vs a long-term purchase agreement. P.S. If you want to take your door-to-door business to the next level, be sure to check out our New App and learn how to become a top sales rep in your company Click Here For Instant Access for Android! https://play.google.com/store/apps/details?id=d2d.app.com.d2d Click Below for IOS http://itunes.apple.com/us/app/d2d-millionaire/id1097455522?mt=8 If you enjoyed this post on, How to prevent fall-out and a termination of contract, please retweet and comment below.
Views: 152 D2D Millionaire
Negotiation of Representations and Warranties in the Purchase and Sale Agreement
 
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Join us for an in-depth discussion about the intricacies of negotiating reps and warranties in connection with the purchase and sale of a privately-held company. By reviewing sample pro-buyer and pro-seller reps and warranties, we will discuss the definition and purpose of reps and warranties, their relationship to due diligence, scope and timing issues, typical qualifications and limitations on recovery for breach.
Views: 2771 BakerDonelsonOnline
Offer to Purchase Real Estate as a Binding Contract: Terms to Consider
 
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Attorney Mark Stiles and Attorney Chris Holland of Stiles Law discuss the Offer to Purchase Real Estate. The Offer to Purchase, or "Offer", is a binding legal contract that creates binding obligations on the Buyer and Seller. In addition to price and dates, Buyers and Sellers can negotiate contingencies, repairs, and other matters. Important contingencies include: a financing or mortgage contingency, a home sale contingency, condominium document review, or an obligation for Seller to pay all outstanding betterments or assessments. Stiles Law, with offices located in Boston and Marshfield, Massachusetts, is a firm concentrating in real estate conveyancing and mortgage lending services, representing buyers, sellers, borrowers, banks, mortgage companies, investors, builders and developers in all of their real estate and mortgage transactions. Stiles Law serves all areas of eastern Massachusetts–the North Shore, Boston, and Cape Cod, in addition to the entire South Shore, including: Plymouth, Kingston, Duxbury, Hanover, Pembroke, Marshfield, Scituate, Norwell, Cohasset, Hull, Hingham, Weymouth, Braintree, and Quincy.
Views: 191 Stiles Law
Changing the terms of an agreement
 
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A short film on how using certain terms that allow the business to change important details about a contract or agreement can be unfair for customers.
Power Purchase Agreements (PPA)
 
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Are you looking into the options of a Power Purchase Agreement on-site or off-site? There's a few reasons to do so: - It can be cheaper than buying electricity from the grid - It could reduce your volatility exposure in case of a fixed price arrangement - It could be part of your sustainability goals However, these are long term agreements so be careful you tendered this project and asked yourself the right questions: - Can I avoid grid fees & taxes with a PPA (depends on the regulatory framework!) - What if I sell my plant? - What insurances do I need? - At what value of the market does this project become profitable - ...
Views: 2122 E&C Consultants
Share Purchase Agreements
 
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Michael Buckworth talks about the key considerations when negotiating share purchase agreements governed by English law.
Views: 3469 Buckworths
Power Purchase Agreement || PPA|| Solar Power Plant PPA | Power Purchase Agreement of Solar
 
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Energy & Technology Welcome friend's aaj is video me hum bat krenge power purchase agreement ke, ppa hota kya h, ppa me bhut sari terms & condations hote hai, hum un sari terms and condation ko video me samill nhi kr skte, is leye m aaj aapko ppa ke kuch mainpoints ke bare me bataunga..... video ke jankari yadi aapke kam ke ho to video LIKE & SHARE jarur kre or channel ko SUBSCRIBE jrur kre Thanks, "Energy & Technology" KULDEEP SAINI 1 MW solar power plant :- https://youtu.be/YrBr_7x72eE 1MW SOLAR SITE SELECTION :- https://youtu.be/qwO9dPR_WnY
Views: 1028 Energy & Technology
Purchase and Sale Agreement Basics in Massachusetts
 
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Spring is the most popular time to buy or sell a home. At the center of these transactions are important contracts: Purchase and Sale Agreements. Purchase and Sale Agreements are often abbreviated as the “P&S.” What is the P&S? It is a document that memorializes all of the terms of the sale of a home that the Buyer and Seller agree to. The following are the key provisions that you should review with the most scrutiny: the names of the parties, address of the property being purchased or sold, the deposit amount with the P&S, the closing date, and the types of adjustments. If there is any discrepancy, contact your real estate professional immediately. Sellers should pay particular attention to the provisions that set the commission for the brokers. Additionally, Sellers should verify that the representations and warranties in the P&S are true and accurate to the best of their knowledge. For Buyers, the most important provision in the P&S for Buyers is often the mortgage contingency clause. This allows a Buyer to terminate the contract with a return of their deposit of they are not approved unconditionally for mortgage financing. Please verify that your loan professional is aware of this date and thinks that he or she will be ready. You want to be on the “same page.” Finally, repair items should always be included in the P&S to protect both the Buyer and Seller. Any additional terms should be listed in the P&S—handshakes are not sufficient! If you have any questions about a P&S, contact Stiles Law by calling (781) 319-1900 or by visiting https://stiles-law.com. Stiles Law, with offices located in Boston and Marshfield, Massachusetts, is a firm concentrating in real estate conveyancing and mortgage lending services, representing buyers, sellers, borrowers, banks, mortgage companies, investors, builders and developers in all of their real estate and mortgage transactions. Stiles Law serves all areas of eastern Massachusetts–the North Shore, Boston, and Cape Cod, in addition to the entire South Shore, including: Plymouth, Kingston, Duxbury, Hanover, Pembroke, Marshfield, Scituate, Norwell, Cohasset, Hull, Hingham, Weymouth, Braintree, and Quincy. Copyright © 2019 Stiles Law, All rights reserved. Stiles Law is a Massachusetts licensed law firm and all content is based on Massachusetts law. The information presented above is meant to be used for general informational purposes and it should not be construed as legal advice or legal opinion on any specific facts.
Views: 49 Stiles Law
Common Contract Clauses
 
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Visit HBA of Berks County on the web: http://www.HBAberks.org As part of an on-going educational series of business topics, Executive Officer Christian D. Malesic, MBA, IOM presented "PA HICPA & Contracts in Plain English" to a live audience of HBA members. This video explains, in simple language, the following clauses: Signature Block; Complete Agreement AKA Entire Agreement; Notices; Amendments, Additions, Changes AKA Change Orders; Dispute Resolution; Time is of the Essence; Indemnify Against Loss AKA Indemnification; Legally Binding; Counterparts; Severability; Governing Law, Jurisdiction, and Venue; Title and Headings; Event of Default; Terms; Scope of Work; Background; Opening. The Home Builders Association of Berks County, PA, USA provides education & continuous improvement seminars, round-table discussions, and training on business & construction topics of all shapes & sizes on a frequent basis. Beginning in 2012, the HBA started recording some of these sessions and editing the content into packets of concise, usable information as a service to our members and the business community at large. If you find this video helpful, please "LIKE" it, "COMMENT", and "SUBSCRIBE" to our channel.
Views: 14359 HBAberks
Purchase Contract - Beginning
 
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This video goes over the beginning stages of writing an offer. Explains about the Purchase Contract and guidelines in filling it out. Covers page 1 of the contract.
Views: 541 Leana Berwick
NEFAR Purchase and Sale Agreement (2 of 5) covering pages 3 - 4
 
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NEFAR Legal Counsel and Forms Committee Chairman Jeff Marks provides a detailed overview of NEFAR's most recent Purchase and Sale Agreement, dated 11/17 revision 2, covering pages 3 and 4. See four additional NEFARScoop channel videos covering the remaining PASA pages (five videos total).
Views: 245 NEFAR Scoop
REPC - Real Estate Purchase Contract explained
 
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REPC Real Estate Purchase Contract - Explained #StGeorge #SouthernUtah #Realestate #StGeorgeRealtor #SouthernUtahRealEstate #nickrastopchin #repc #purchasecontract #homebuyers This video is designed to help home buyers better understand the home buying process. I have put together a series of videos that explain every form involved in a Real Estate purchase in a way that anyone can understand. This video highlights some of the aspects that are involved in a real estate purchase agreement and can be critical when negotiating terms and conditions under which a real estate transaction takes place. Here are the skip to shortcuts to all of the vital parts of this video: 3:00 - Purchase Price 4:55 - Possession 5:53 - Agency Disclosure 6:54 - Contingencies 7:10 - Appraisal Condition 7:53 - Financing Condition 9:25 - Home Warranty Plan / As-Is Condition of Property 10:00 - Final Walkthrough inspection 10:36 - Mediation 11:13 - REPC Buyer or Seller Default 12:05 - REPC deadlines Looking to find out the value of your home? Follow the link below: https://www.housesinstgeorge.com/fine/real/estate/marketeval Browse Current St George MLS Listings Here: https://www.housesinstgeorge.com/fine/real/estate/newsearch/lndgname/STG/Saint-George-Homes Let’s connect on social media: Facebook: http://www.facebook.com/rastopchin Instagram: http://www.instagram.com/rastopchin Linked In:https://www.linkedin.com/in/nickolay-... My website: www.southernutah.realestate Phone number: 435-319-0989 Email: [email protected]
Views: 72 Nick Rastopchin
Cancelling an agreement: When and How
 
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A short film on how certain terms that dictate how businesses and customers can cancel a contract can be unfair.
Understanding the OFFER (Purchase Agreement/RPA) | San Diego Real Estate | The Real Estate Jedi™
 
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Are you a buyer and still have questions? Call us—we'd love to talk! (619) 537-6016 From The Real Estate Jedi Team http://TheRealEstateJedi.com of Big Block Realty. Understanding the Purchase Agreement, AKA, “The OFFER” is crucial for both buyers and sellers! Real Estate Realtor/Broker Jed Bratt explains what the offer IS and what it is composed of! Check out our website at http://www.TheRealEstateJedi.com to find homes for sale in San Diego, as well as tons of other great San Diego Real Estate resources! After the offer is drawn up and signed, it will usually be presented to the seller by your real estate agent. There are ways to make your home offer stand out in our other real estate videos! A good offer must give sellers enough reasons to pick your offer over offers from other buyers.  Typically, when homebuyers are ready to make an offer, they discuss the offer terms with their real estate agent and complete the Offer to Purchase form together. Learn all about the purchase agreement, offer to purchase and other contracts, as well as Earnest Money Deposits, Contingency Time-periods, home inspections, types of financing and home loan programs including VA Loans, FHA Loans etc on our website: http://www.TheRealEstateJedi.com. Let us guide you through the home-buying or home-selling process, including how to make an offer on a house, and determining the right purchase price, as well as negotiating the best terms! It’s important that you understand Your Home Purchase Agreement Before You Sign it! As your San Diego real estate agent, we will guide you through the process. Among other terms, real estate offers contain contingencies that protect the buyer and give you time to review disclosures, inspect the home, request repairs from the seller, have the property appraised, and get approved for a home loan. We believe in educating our clients on the basics of real estate as we walk you through the process. Don’t hire just any realtor or agent—make sure they are a real estate expert and will fight for your best interests ever step of the way.
How Does Rent to Own Work
 
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I find myself answering this question numerous times per day so I figured it’s way over due that I post an explanation. If you prefer to listen to the audio a few times simply dial 855.66PREFO (77336), X 824. There is a video post before this one on the blog as well. Approximately 82% of the market cannot qualify TODAY for financing and typically would need to improve their credit to do so. Alternatively, other buyers with good credit are looking for a way to buy now while they save more instead of renting while they save. We offer lease purchase (rent to own) properties only – no straight rent. All properties will require 3%-10% down and that is credited against your purchase price. You then pay a monthly lease payment. Some homes feature a small amount of that monthly also crediting the price and some do not. Some homes also feature our Down Payment Assistance Program. That works like this: on any given month you can put an extra payment toward the purchase price of $100-$500 ($100 increments) and receive a credit against the purchase price of 50% more. For example, if you have a month when you feel you can put an additional $200 down for your down payment, you receive $300 credit. The maximum in one month is $500 down so $750 credit. You can always put more down to improve your down payment for future financing, but the free equity you’ll get with the Down Payment Assistance Program is capped at $500. During the course of the lease, you can use our credit consulting service we will refer you to. Whether you lease purchase one of our homes or not, you can certainly use them. They will give you a free consulting session and you can decide which course(s) of action to take with them. You access their site and schedule your first call here: http://www.MyCreditTeam.com and use promo code: prefo. Sometime between 6 months and 24 months they can typically get you in great shape for your own loan. The time frame on our lease purchase properties ranges from 24 months to 10 years so you’re never rushed and we’ll help you purchase on your own eventually. If you have not seen one of our properties yet, your next step would be to go ahead and schedule a viewing. Some are on lock boxes and you just need to get the instructions from us and others require private or group viewing with an owner. All listings are on www.PrePropertySolutions.com and they only stay up while available and typically don’t last long! Take the Rent To Own Step 1 Now. Office: 855.66 PREFO (77336) Fax: 401.633.7043 For Credit Repair: www.MyCreditTeam.com, Promo code: prefo Pre Holdings, LLC, Pre Property Solutions and affiliated or subsidiary companies (“Pre Holdings”) are not real estate brokers or agents. Pre Holdings is a real estate investment company. All properties are either owned by Pre Holdings or the company has a purchase contract and/or option with the owner of the property, which Pre Holdings may assign to third parties. Pre Holdings is not a real estate brokerage and does not provide realtor services to the public, or to any of the parties to which it has contractual relationships. We can help you find a great deal on investment property or a personal residence. Let us be your first choice when looking for properties, contractors, attorneys, agents, hard money, financing, or any other real estate need. We know the business and can offer immediate help.
Views: 171864 Chris Prefontaine
Residential Purchase Agreement - Part 2 With Captions
 
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Part 2 of my explanation of the Residential Purchase Agreement. The RPA (as it is known) is the most common real estate contract used to purchase residential real estate in the state of California. At eight pages (not including supplements) it is a critical contract to understand. In this video I walk through the second half of page 2 and most of page 3 of the contract, in general terms. As always, it is critical to work with your realtor to ensure that you understand the terms of your contract in detail, and contact an attorney for any legal questions.
Views: 1981 Sharona Byrnes
Tutorial: Offer to Purchase & Contract
 
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North Carolina form 2-T Offer to Purchase & Contract explained.
Views: 182 Steven Squires
Car leasing (Personal Contract Hire PCH) - what you need to know | Top 10s
 
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Leasing - also known as Personal Contract Hire, or PCH - is the ideal way for some drivers to get their hands on a brand new car. To help you understand the ins-and-outs of the process, and how it could work for you, I talk through the top 10 things you need to know about PCH. Subscribe to carwow on youtube – http://www.youtube.com/c/Carwow?sub_confirmation=1 Awkward haggling is a thing of the past with carwow. Choose your perfect car with our configurator tool and let the country’s best dealers compete over you. Compare the five best offers by price, location and dealer ratings and choose the one that’s right for you – no hassle, no haggling, just a great deal. Visit our site to save money on your new car – https://www.carwow.co.uk/
Views: 250994 carwow
S.# 87 What is Sales & Purchase Agreement (SPA) OR Contract ? in Urdu / Hindi
 
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SPA OR SALES AND PURCHASE AGREEMENT IN DETAILS
What is a purchase agreement?
 
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What is a purchase agreement? | Sheryl Hunter | Hunter Business Law | We help your business | Request Consultation | 813-867-2640 | http://www.hunterbusinesslaw.com/ | [email protected] | 119 S Dakota Ave , Tampa, FL 33606 A purchase agreement typically refers to a contract to purchase something. In my context of representing small business owners it refers to the purchase agreement of a business. Someone has made an offer to buy a company and it's documented in a purchase agreement that sets forth the purchase price, the terms, is it being financed by the seller, when is the closing going to be, what are all the assets or the shares of stock that are being purchased. Generally it's all of the terms associated with the purchase. It could also be as simple as somebody is buying your photocopier for your company and it might be a one page purchase agreement.
How to Make an Offer on Commercial Real Estate
 
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http://www.commercialpropertyadvisors.com/how-to-make-offers-on-commercial-real-estate/ Discover what no classroom would ever teach you on how to make an offer on commercial real estate. You'll learn the absolute essential things you need to make an intelligent offer, including the 4 phases you must go through BEFORE you finalize your offer. Most importantly, the lessons in this video will educate you on how to avoid overpaying as well as the dreaded negative cash-flow scenario that some commercial investors experience when they first purchase. Lastly, you'll get access to a file that step by step, shows you exactly how to make the best offer on any commercial property.
Tenant Lease Agreement - Filling Out Tenant Lease Agreements - REIClub.com
 
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http://www.REIClub.com Tenant Lease Agreements Are Critical For Real Estate Investors. Here's How-To Fill Out A Tenant Lease Agreement... SUBSCRIBE TO OUR YOUTUBE CHANNEL http://www.youtube.com/subscription_center?add_user=reiclub SUBSCRIBE TO OUR FREE NEWSLETTER https://www.reiclub.com/real-estate-newsletter.php LET’S CONNECT http://www.facebook.com/reiclub http://twitter.com/reiclub https://plus.google.com/+reiclub http://www.pinterest.com/realestateclub/ Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on tenant lease agreements. Tenant Lease Agreement (Review Sample Lease Agreement Page-by-Page) - Lease Agreements Vary by state - Texas sample - Lease Agreement are Pretty straightforward - Focus Areas - Parties and Property Info - Name, Address, Etc.. - Term of Contract** - be sure the tenant is aware of when the contract ends - Rent - Monthly amount, pro-rated, payment location (p.o. Box) - Payment Method - cashiers check, money order or Auto Draft - NO personal checks (avoids returned checks - Late Fees** - Exact date and time payment is due, review penalties and amounts - Pet Clause - Usually pets are not allowed unless approved by landlord, addendum needed - Non-Refundable Pet Security Deposit - $300-500 - mention carpet cleaning or replacement costs - Property Security deposit - Briefly discuss what it is for, 1st months rent, PLUS 1st months rent ***Reviewing Contracts Tip - You don't need to go through every single bullet. You are simply highlighting the major points, with the verbal follow-up "be sure to review these sections, on your own time.." - Utilities - For residential tenant usually pays utilities, must be on - regardless if they can afford it. - Occupancy** - Emphasize who is ALLOWED and NOT allowed on the premises, prohibitions - running a business out of the house, car repair (oil), etc... - Access By Landlord - brief explanation - Move-In Conditions - hand tenant walk-through - "Inventory and Condition Form" - identifies any damages to the property prior to move-in - Move-Out Conditions - Normal Wear and Tear - Property Maintenance - Highlight most important (show contract example) - Yard Maintenance** - city fine scare tactic - Prohibitions - alterations to the home are prohibited without approval - Repairs - All and any must be approved by landlord - Repair costs - tenant covers first $50-100 - Service fees are usually $80 just to come out. - Repairs Landlord will cover** - Repairs Tenant will cover** - Special Provisions - Include your verbal agreements for special circumstances - Early Termination - Military Immunity, Subletting not permitted without approval - Addendums - Create an Addendum Index for special rules and regulations, attach to the contract - Information - E. Emergency Contact - F. Tenant Insurance - For possessions - landlord not responsible - Signatures - Contract Copies * I usually sign and initial the contracts alongside the tenant * BUT, I have all the essentials already filled out to speed things along. * Remember, have the tenant initial each page as you go over it. * Review the contract before meeting your tenant, so you are familiar with all the clauses and are prepared to answer questions. Filling out lease agreements may seem daunting at first, because of all the pages and legal terminology, but if you really read through it, its not that hard at all. Its important that you review it multiple times, and become familiar with all the lease agreement clauses, so you sound like a professional when speaking with your tenants. This is important, because there are people out there who are "professional tenants", they know the law better than most landlords, and can play you for a fool. So be smart, be diligent, and you should be well protected. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing. http://www.youtube.com/watch?v=jS_LxhG_dkY "REIClubRealEstateInvesting"
Views: 70421 reiclub
OREA - Agreement of Purchase and Sale
 
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What terms & conditions to look out for when placing an offer in a sellers market.
Purchase Agreement
 
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WhichDraft: Purchase Agreement (Comprehensive Goods and Services). It's tough figuring out every risk you need to consider when buying goods and services. What if the services aren't performed professionally? What if the products aren't what you were expecting to receive? Things can be damaged during shipment with you left holding the bag, deadlines can be badly missed and budgets are often busted. How do you solve this problem? Watch this video to learn how and then check out our great purchase agreement on WhichDraft! Escape the pain by letting us show you everything that experienced negotiators consider when buying goods and services. In no time you'll get a handle on: services, personnel, key man requirements, deliverables, deadlines, ownership, title, risk of loss, acceptance, fees, invoices and taxes, records and audits, intellectual property rights, warranties, disclaimers, limitation of liability, indemnification, term and termination, force majeure, publicity, and general boilerplate for a purchase agreement.
Views: 457 WhichDraft
How a Solar Power Purchase Agreement Can Benefit You.
 
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Lets firstly consider what is a Solar Power Purchase Agreement (SPPA)? A Solar Power Purchase Agreement (SPPA) is a financial arrangement in which a third-party contractor manages, operates, and basically sustains the main photovoltaic (PV) scheme, in conjunction with a host consumer agrees to place the product on their roof or in another place on their property and basically purchases the system's electric yield off of the solar services provider for a pre-specified period. This financial arrangement enables the host individual to obtain constant, and typically lower cost electrical power, despite the fact that the photovoltaic services provider or other 3rd party acquires valued fiscal positive factors encompassing tax credits and income generated from all of the sale of electrical energy to the host client. Due to this business model, the host customer acquires the services generated by the PV system rather than PV system itself. This circumstance is referred to as the "solar services" model, and so the builders who offer SPPAs are known as solar services providers. SPPA agreements allow the host consumer to get around most of the customary obstacles to employ for organizations aiming to install solar power systems: large up-front capital costs; system execution risk; and complex design and permitting processes. Furthermore, SPPA plans may be revenue positive to the host customer from the day the system is commissioned. How do SPPAs Work? A individual consents to acquire solar panels installed on their premises, typically the roof, and signs a long-term contract with the solar energy services supplier to obtain the actual generated electricity. The host residence could be either owned or rented (note that for rented facilities, photovoltaic financing works best for people which have a long-term lease). The purchase asking price of the created electrical current can be at or slightly under the retail electrical rate the host customer might pay their electric service provider. SPPA rates are usually preset, but they quite often include an annual cost escalator around the spread of one to 5 % to keep track of system capability decreases on the grounds that the system matures in addition to inflation-related expenses increases for system operation, inspecting, upkeep, and basically anticipated increases in the value of grid-delivered electrical power. An SPPA is mostly a performance-based arrangement where the host client will pay just for precisely what the system makes. The contract lifetime of nearly all of SPPAs are ranging from 6 years(i.e., the time through which accessible tax benefits are entirely realized) to as long as 25 years. The actual solar power services service specialist functions as this project coordinator, taking care of the funding, layout, permitting, and design of the structure. The solar energy services supplier purchases the photovoltaic panels meant for the venture from a PV company, which delivers warranty specifics used for system devices. The particular contractor may devise your structure, designate the particular recommended structure elements, and basically may execute your follow-up upkeep over the life of any PV system. To set up the structure, the photo voltaic services and products source might possibly draw on an in-house team of workers or include a contractual relation using an independent company. As soon as your SPPA contract is authorized, a typical renovation can frequently be done in three to 6 months. An investor promises equity lending and basically is provided with the federal and state tax benefits for which any product is allowed. Within certain situations, that entrepreneur and this solar energy services supplier may mutually shape a distinctive purpose entity used for the project to function as the very authorized unit that obtains and directs to your entrepreneur payments from any sale of the systems kilo watt hours output as well as tax advantages. Typically the service serving the host customer gives an interconnection from the particular PV system to the power grid, and will continue their electrical service by way of the host prospect to cover the very times through which this product is supplying significantly less than the actual property's energy demand. Certain states of the union have net metering requisites in place to grant a process of crediting clients who make electrical energy on-site used for generation in excess of his or her's own electricity use. In the majority of states in america, the actual utility would credit extra electricity generated from the entire PV system, even if your reimbursement fluctuates notably depending on state restrictions. https://www.youtube.com/watch?v=MowhkIQNEiY
Views: 4447 Peter List
CREPN #165 - Letter of Intent & Purchase Sale Agreement with Vinney Chopra
 
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The Letter of Intent and the Purchase Sale Agreement are significant steps towards closing your multifamily purchase. LISTEN: http://bit.ly/2C6XpPICREPN165 When you find a multifamily property, you run the numbers. If the numbers show promise, it’s time to engage the seller to see if you can put the deal together. The initial non binding offer used by buyers is a LOI. If you and the Seller find agreement in principle, you will formalize the offer with a Purchase Sale Agreement. CLICK HERE FREE Sample LOI & Cover Letter Letter of Intent The Letter of Intent is used to present the framework of your offer, your intent to purchase the Seller’s apartment building. This should be addressed to the selling broker, not the Seller. To see a sample Cover Letter & LOI used by Vinney, click here. The Cover letter should summarize your intentions. It should also include any relevant experience you or your team has closing on Multifamily Properties, to give the buyer confidence you will close if they accept your offer. The Letter of Intent is not binding, so it does not require legal review, but should contain:: Property details, address, number of units. Identify that your offer is based off of the numbers provided by the selling broker. General terms & conditions to purchase by your company or assign: Purchase Price Estimated requirement for Capital Expenses Earnest money, Vinney recommends at least 1% of the sale price. Timeline to complete the purchase: Due Diligence timeline Inspection Period Extensions if needed and conditions to extend Closing period Financing period: Lender approval letter Down payment funds Readiness of Property, including occupancy percentage required. Inspection documents required from the Seller: Financials Rental Agreements Survey Phase I Environmental Assessment Because you will be offering less than selling price offered, it is to be expected that the Seller will either reject or counter your initial LOI. After some back and forth, if you are able to reach agreement in principle with the Seller, you need to put the property under contract. This is accomplished using a Purchase Sale Agreement. Purchase Sale Agreement The Purchase Sale Agreement is a legal, binding agreement. The PSA includes all of the items in the LOI and spells out all the legal performance requirements for both you and the Seller. Each property is unique and requires that you have your attorney prepare and review to protect you. Vinney advises that you communicate early and often with the Seller during the Due Diligence period to avoid any surprises. He suggest that your compose a Repair Letter as soon as you know the condition and any additional capital expenses that you were not aware of prior to your offer. Similar communication regarding the financing should be made to keep the Seller in the loop. When you do this, the Seller is more likely to credit you additional funds to fix the problem, or accommodate the time needed to obtain financing to keep the sale on track to close. For more, go to: www.vinneychopra.com Text: SYNDICATION to 474747 Multifamily Investment Syndication Prior CREPN Radio Multifamily Syndication episodes with Vinney Chopra CREPN #145 - Why Multifamily Real Estate Investing with Vinney Chopra CREPN #149 - Why Multifamily Syndication is a Great Option for Real Estate Investors CREPN #153 - Building Your Multifamily Syndication Team with Vinney Chopra CREPN #157 - How to Attract Capital & Communicate with Investors with Vinney Chopra CREPN #161 - Multifamily Underwriting with Vinney Chopra
The Business Purchase Offer & Contracts
 
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The Business Purchase Offer & Contracts http://www.ifthebanksaysno.com Subscribe to Beyond Breakeven ======================================================== In this video Ed Keels talks about the importance of having a clear understanding of what you are signing when it comes to business deals. There are many types of documents you need to be familiar with such a non-disclosure agreement (NDA), letter of intent (LOI), personal financial statement (PFS), offer form, purchase agreement, loan application, lender’s letter of interest, lender’s proposal letter, lender’s commitment letter, loan closing documents, bulk sales affidavit, bill of sale, etc. It's also imperative to know who's on your side in the deal. You must be your own best advocate. Unlike a real estate broker, a business broker is not necessarily the buyer's representative and in many cases is the direct opposite. To learn more click on the link above. ======================================================== Here’s the recap: 00:01 when it comes to business purchase offers and contracts you must have a clear understanding of what you’re signing 0:09 here are the types of documents you need to be familiar with when looking at buying a business: non-disclosure agreement (NDA), letter of intent (LOI), personal financial statement (PFS), offer form, purchase agreement, loan application, lender’s letter of interest, lender’s proposal letter, lender’s commitment letter, loan closing documents, bulk sales affidavit, bill of sale 0:20 the completion of a personal financial statement (PFS) has to be done only on a rare occasion 0:38 a business broker is not necessarily the buyer’s representative and in many cases is the direct opposite so why would you use their form? 1:10 as a buyer, you are responsible for the structure of the deal and understand the elements of the deal are for you! ======================================================== To see the rest of this video and 10 other related videos, go to www.ifthebanksaysno.com and click the "get funded now" button ____________________________________________________________________ ***Click below to SUBSCRIBE for More Videos: https://www.youtube.com/user/BeyondBreakeven ____________________________________________________________________ Ed Keels The Deal Maker Beyond Breakeven Inc. www.ifthebanksaysno.com http://www.Facebook.com/beyondbreakeven Linked In:http://LinkedIn.com/edkeels
Views: 297 BeyondBreakeven
Personal Contract Purchase (PCP) Explained
 
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Thinking of financing your next car and wondering what your options are? The UK's leading motor finance broker, Evolution Funding, explains how Personal Contract Purchase or 'PCP' works. © Evolution Funding. All rights reserved | Evolution Funding Limited and associated trading styles is authorised and regulated by the Financial Conduct Authority for credit brokerage. We are a credit broker not a lender. Our FCA number is 669005. Finance subject to status. Terms and Conditions apply. A guarantee may be required. Over 18’s only. PLEASE ENSURE YOU CAN AFFORD THE REPAYMENTS FOR THE DURATION OF A LOAN BEFORE ENTERING INTO A CREDIT AGREEMENT. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. We are only able to offer finance products from these providers and they may provide an incentive to us to do so. Prices, offers and information correct at time of publishing.
Views: 2895 Evolution Funding
Using White-Out to Change Address on Purchase Agreement
 
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Annie's Mailbag: Legal Hotline Letters - Episode 4 Join Annie Fitzsimmons, Washington REALTORS® Legal Hotline Lawyer, in reading & answering today's Hotline Letter. This week Annie covers the problems using "White-Out" to change the address on a Purchase Agreement... Legal Hotline Video featuring Annie Fitzsimmons, Washington REALTORS® Legal Hotline Lawyer - The Legal Hotline is a Washington REALTOR® Member only benefit. These videos are intended for Washington REALTOR® members. If you have questions and are a primary member in good standing with Washington REALTORS®, visit www.warealtor.org to contact the Legal Hotline Lawyer. You will need your NRDS ID and password to inquire with the Legal Hotline or search the database.
Views: 1701 Washington REALTORS
BLANKET PURCHASE AGREEMENT | TRAVEL TERMINOLOGY
 
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Blanket Purchase Agreement (BPA): These are agreements with vendors that allow buyers to make repetitive types of purchases over a period of time with a summarized bill sent by the vendor once a month.
What is a Solar Power Purchase Agreement (PPA)?
 
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A Power Purchase Agreement (PPA) is common financing option for homes and businesses to install solar power without needing up-front capital to install the panels. When financing solar with a Solar PPA, the solar panels are installed under a long-term agreement that the electricity produced by the solar panels, will be purchased at a fixed rate, usually lower than retail utility rates. With a PPA a third party retains ownership and is responsible for maintenance and insurance and optimal system performance. The home and business simply buy the power that the solar panels are producing and benefit from lower electricity rates, fixed for long-term with little or no up-front installation or equipment costs.
Asset Purchase Agreement
 
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An asset purchase agreement provides the terms and conditions for the purchase of business assets. This video provides additional information regarding an asset purchase agreement. Visit The McGuire Law Firm at: http://jmtaxlaw.com/business-attorneys/
Views: 103 McGuire Law Firm
Procurement Training, Purchasing Training, Supply Chain Management Training - Click to Watch Now!
 
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http://www.CenterForPSCMExcellence.org - You will get FREE world-class procurement training, purchasing training and supply chain management training in this video. Omid has 18 years experience with Intel Corp, where he rose to the position of leading their entire global corporate purchasing operations organization. His experience and strength in negotiations earned him the corporate designation of "Godfather of Negotiation Planning" for the entire $2.2B global purchasing organization, thus also nicknamed, The 2 Billion Dollar Man. He has broad and rich experience in complex, high dollar value, and high stakes negotiations, total cost analysis, supply chain management, purchasing contract law, purchasing operations, purchasing policies and procedures, complex sourcing strategies, controls and risk management, selection and deployment of purchasing systems/tools, purchasing integration of mergers and acquisitions, international purchasing strategies, negotiating with different cultures, supplier performance management, procurement training, and purchasing strategy mapping and execution. YOU WILL LEARN: 1. Taking costs out of supply chain  Why asking suppliers to reduce price is an antiquated strategy  Why focusing on supplier profit reduction only attacks a very small part of TCO  How to make your suppliers excited about reducing TCO instead fighting against you  How to change your RFX (RFP, RFQ) strategy and approach forever to get far more innovative and deep cost savings responses from suppliers 2. Writing contracts to prevent & remedy TCO excursions  Why relying on the legal department to "own" the contract terms is the biggest disservice to your results and to your career  How empowering yourself with contract knowledge can liberate you from being dependent on the legal department  Why relying on the standard contract template terms can get you in lots of hot water and how to stay out of it  How to shift the focus from the contract being a safety net for when things go wrong to having it be a strategic tool to make sure things go right 3. Cost Modeling & Benchmarking for success  What the different sorts of cost models are (Should Cost, Must Cost, Total Cost)  When to use each type of cost model and when to use benchmarking  Why using the wrong type of tool will get you poor results and result in lots of wasted time 4. Using concessions to achieve Win-Win Why the traditional notion of Win-Win is completely wrong and needs to be thrown out the window  What the Art and Science of negotiations really is: Meeting ALL of your high value/high TCO objectives while knowing how to make the supplier feel good about the deal  Why listening is the most important negotiation skill and how to use it to achieve Win-Win  How to use a concessions worksheet model to ensure that you know exactly what the supplier wants, and how to deliver them some "wins" that are high value but have minimal impact to your TCO Omid goes even deeper into each of these topics in training through his website, seminars, webinars and courses. We invite you to join our community and experience a paradigm shift in purchasing that will make your career and life much less stressful and much more enjoyable. Work with Omid to rearchitect how you do procurement to CATAPULT your purchasing results, career and income potential, GUARANTEED! World class procurement training and supply chain management training can be found at: http://www.CenterForPSCMExcellence.org
Views: 434350 PurchasingAdvantage