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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: 2302 settled.govt.nz
You Negotiated a Real Estate Deal... Signing the Purchase and Sale Agreement
 
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http://www.HampdenCountyHomes.com Hi This is Don Thompson again, your local real estate expert advisor. So let's recap... You've been pre-approved, found a house and negotiated a deal. Things really get going now... and for a short time, you are going to be moving on three fronts. One, you'll need to need to sign the purchase agreement and deliver the deposit, two, you'll schedule and do your inspections and three, you have to formalize the loan application. So let's discuss signing the purchase & sales agreement , also known as the p&s or the purchase agreement. This document should be reviewed by your attorney before you sign. He or she will want to make sure that there are certain clauses included that protect your interests. And the seller will also have their attorney look at the agreement. Just so that you’re aware, your attorney, if he or she is processing the mortgage documents, is also the bank’s attorney and at the closing they will be representing the bank. Sometimes there are actually two attorneys on the buyer side, one for the buyer and one for the bank. However, locally the attorneys will represent you regarding things that deal with the seller, and make no mistake about it, when you are dealing with the bank, they are working for the them and looking out for their interests. When you think about it, there are actually two transactions happening at the closing...one the seller is transferring the property to you and the second, if you are getting a mortgage, the bank is lending you tens of thousands of dollars and it’s using the property as collateral. For the first part. you and the bank have basically the same interest… you are getting the property in marketable condition, free and clear of any liens and the bank wants the same thing because it is their collateral. The second transaction is between you and the bank… this process is highly regulated, you’ll see the governments initials on many of the forms, HUD, RESPA. The main thing you want to be sure is that you are paying the interest rate you were quoted. and because of regulations today, the fees that you are charged have to be fairly close to what was quoted you. But I digress, so now, once the contracts are reviewed by both attorneys and they have agreed to the language, typically, you as the buyer, will sign it first and give up your earnest money, your deposit. And then the sellers will sign. Now it’s critical that this document gets signed by all parties as quickly as possible. This is the formal agreement between you and the seller and until it’s signed you may not have a, what is referred to as, an enforcable contract. So everyone should be working to get it signed as soon as possible. So now you have signed contracts, you will want to schedule your inspections and let your ;loan officer know that you’ve got a deal. Inspections are a very important step in the home buying process and I will be covering them in my next video. Meanwhile, if you have any questions about anything, where I may be able to help you, please do not hesitate to contact me by calling or texting 413.221.9981 or hit reply to this email and I will get back to you as soon as possible. Thanks again and have a great day!
Views: 3879 WesternMARealEstate
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: 155 Stiles Law
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: 109587 Asset Yogi
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: 3330 Audiopedia
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: 413776 PurchasingAdvantage
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: 392 The Audiopedia
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.
Bill Poulos Presents: Call Options & Put Options Explained In 8 Minutes (Options For Beginners)
 
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Bill Poulos and Profits Run Present: How To Trade Options: Calls & Puts Call options & put options are explained simply in this entertaining and informative 8 minute training video which uses 2 cartoon-based scenarios to help you learn how to trade call options and how to trade put options. If you've ever been confused by calls and puts in the past, this video will clear up any confusion you may have had. Also, if you're looking to learn how to trade options, you will learn some simple options trading strategies in this short video. For more training, get my free "dummies" guide to options trading here: http://www.prtradingresearch.com/simple-options-youtube3
Views: 1325575 Profits Run
Putting in an Offer: Understanding the Sale and Purchase Agreement (Part 1)
 
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What is your next step after putting in an offer for an apartment? Do you know what you are dealing with once presented with a sale and purchase agreement? In this video, you will know the next steps to take including what the content of the sale and purchase agreement should be after putting in an offer. SUBSCRIBE to Apartment Specialists and VISIT www.apartmentspecialists.co.nz for news and updates. Apartment Specialists Group Limited (Licensed under REAA 2008)
Views: 3850 Apartment Specialists
B2B Purchasing Negotiation Five Strategies to Reduce Vendor Prices
 
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The following video outlines five purchasing and procurement strategies all geared towards lowering vendor prices and or reducing supply chain and inventory management costs. These strategies are put forth from someone who has worked in sales and marketing for 20 years and wanted to combine the best strategies employed by the best purchasing negotiation teams. In essence, these strategies come from those purchasing and procurement agents I have negotiated with. They include the most successful strategies employed against me. The first includes not tipping your hand and or broadcasting your needs too soon in the negotiation process with a salesperson. Instead, nail down your price and then use your requests, needs and or concession to reduce pricing. For instance, agree upon a final price and then ask for a discount or reduced price for 1) prepaying total or a portion of your purchase, 2) prompt payment incentives like net-10 day terms 1 to 2 percent discount or 3) increasing volumes or committing to long-term supply contracts or orders. The second tip includes avoiding using veiled threats - which are simply threats you have no intention of following through on. When you threaten vendors too much without ever following through on a threat, then you are simply training them not to take your threats seriously. Third, match a high-value concession for a high-value concession. In this case, come up with a list of requests and or "must-haves" as outcomes from the price negotiation. When the salesperson makes a request, make sure you counter with one of your own of equal value. Fourth, when it comes to getting price reductions from a salesperson, you have to sometimes appeal to their better nature. In this case, add a little personal touch to your negotiations. Ask for a price reduction by outlining the pressures and demands that are placed upon you as a purchasing agent. In this case, you have to attain a certain inventory cost structure so ask your salesperson to help you attain that. Finally, keep your vendor honest by constantly going out for competitive bids. Even the best of vendors can become complacent. However, if they know you know as much about pricing in the market as they do, then those vendors will be less likely to take advantage of you.
Views: 93451 Ian Johnson
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: 138 D2D Millionaire
Hire Purchase | Meaning | Feature | Obligation | Advantage | Disadvantage |
 
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Meaning - Hire purchase system originated in U.K. - Hentry moore a Piano maker introduced this system in 1846 - It is defined as transaction in which the goods are let on hire with an option to the hirer to purchase them with the following stipulations 1. Payment to be made in installments over a specified period 2. the possession is delivered to the hirer at the time of entering in to the contract 3. the ownership in the goods passes to the hirer on payment of the last installment Obligation 1 To comply with the agreement. 2 To take care of goods. 3 Not to make unathorised use. 4 To give information. 5 To refund on seizure of goods. Hire purchase aggrement Hire purchase is based on an agreement.It has to be in writing and signed by both parties. The agreement must contain 1. Description of the goods 2. Hire purchase price of the goods 3. The date of commencement of the agreement. 4. The number of instalments ,amount, and due date Advantage i. Financing of an asset through hire purchase is very easy. ii. Hire purchaser becomes the owner of the asset in future. iii. Hire purchaser gets the benefit of depreciation on asset hired by him/her. iv. Hire purchasers also enjoy the tax benefit on the interest payable by them. Disadvantage i. Ownership of asset is transferred only after the payment of the last installment. ii. The magnitude of funds involved in hire purchase are very small and only small types of assets like office equipment’s, automobiles, etc., are purchased through it. iii. The cost of financing through hire purchase is very high.
Views: 224 Smart Education
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.
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.
Asset vs. Share Purchase - How to Sell a Business How to Buy a Business - David C Barnett
 
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http://www.BusinessBuyerAdvantage.com http://www.HowToSellMyOwnBusiness.com http://www.InvestLocalBook.com Buying assets vs. buying shares When buying or selling a business, a common question that comes up is whether to buy or sell the shares or the assets of the business. For some people who are not familiar with this, the concept can be hard to grasp. That’s why I made this video to explain things in simple terms: https://youtu.be/HgDLgwbXgj0 Here’s an illustration. Imagine that Mark owns a lawn maintenance company; Mark’s Lawns Inc. Mark’s Lawns Inc. owns a tractor. If you wanted to get into the lawn maintenance business you could buy Mark’s Lawns Inc. The ownership of the tractor doesn’t change. It was and still is owned by Mark’s Lawns Inc. In this case, the seller is Mark. He’s selling the shares of the corporation to you. The other way to buy the business would be to buy the tractor. In this case, Mark’s Lawns Inc. is the seller. The ownership of Mark’s Lawns Inc. doesn’t change. Mark will still own this corporation after the transaction, the only difference is that the company will have money in it instead of a tractor. Because corporations are people under the law, a share sale makes a new owner subject to liabilities to past events. An attorney will do their best to structure warranties to try to protect a buyer but at the end of the day, a share sale could expose a buyer to unwanted liabilities. Asset sales are technically just the purchase of ‘stuff.’ In this regard a buyer doesn’t necessarily have to worry about most of the past issues with the corporation. Also there are usually tax advantages for buyers who buy assets because equipment that may have been fully depreciated by a seller may now appear on the buyer’s books at fair market value and can be depreciated again by the buyer. Seller’s know this and there is an equal tax disadvantage vis-à-vis depreciated equipment. Also, in some places, such as Canada, there is preferred tax treatment on the sale of shares of an eligible corporation. So when people ask me if they should buy or sell shares or assets I tell them this: Buyers should try to buy assets, sellers should try to sell shares but at the end of the day it doesn’t matter. The type of transaction will form part of the negotiation. Let me give you a simple example. A seller wants $250,000 for their business. A buyer offers $200,000. The seller says that they can’t go that low unless the buyer is willing to purchase shares… a deal is struck. The tax advantages/disadvantages of either form of sale are known by both parties and can sometimes be estimated by both parties. As such, it just comes down to dollars and cents in most cases.. unless there are specific reasons to buy shares such as contracts, government regulation, etc… but that is a subject for another day. If you’d like help to buy or sell a business, call me at (506) 381-8416 or visit www.HowToSellMyOwnBusiness.com or www.BusinessBuyerAdvantage.com Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com Improve your business each and every day, download my FREE daily cheat sheet and hang it in your work area to keep yourself focused. https://gum.co/15Questions/FREE Do you live in Toronto? I’ve got workshops coming up for Toronto in September on buying and selling businesses. Book now, there isn’t much room left.. http://davidbarnett.eventbrite.ca If you’d like to learn how to create high returns by making local private lending deals, check out http://www.LocalInvestingCourse.com The Local Investing Academy starts in September. Thanks and I’ll see you next time.
Views: 13612 David Barnett
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: 5456 Sharona Byrnes
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.
Purchase and Sale Agreement - Should Real Estate Investors use the Long or Short Form Agreement
 
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Deciding on which purchase and sale agreement form to use can be confusing for real estate investors. Selecting the correct form is easy with guidance from an expert real estate investor. Should investors use the long or short form agreement? An educated and well informed property investor can save a tremendous amount of time and money... Hello, this is Marko Rubel with Unlimited Funding Program, the authority in real estate investing. Today I've prepared a short tutorial explaining when to use the long form agreement and short form sale and purchase agreement. Here are some real estate investment strategies you can use when establishing your business. Question -- ''Janet is asking on the purchase and sell agreement, the short form or the long form: which one they should use?" Answer -- ''We have a purchase and sales agreement that's a short form, one page legal size, and a long form. When you're buying a house that's subject 2, you want to use the short form because it doesn't matter how long it is if you don't get it signed. Use a short form. It's less threatening and you'll get it signed. Obviously make sure you have it on a two-piece NCR and all that as we teach you. Long form, if you're planning on flipping the house, wholesaling the house, or assigning the house, then obviously you want to have more terms in that. You want to use the long form. The long form protects you more. It protects your buyer that you're going to be actually assigning the house too. If you're doing a house where you're putting a lot of cash in the house or you're going to be assigning the house to someone, in that case, yeah it's okay if you use the long form. The difference is -- go ahead Mike. One of the options is a short-sale and is upside down. If the house is a short sale and it's upside down then pretty much you can use any contract. They don't have a choicer they're going to sign anything. It depends on who is doing the negotiation. My negotiators in the office, we basically use the real estate realtor's agreement, the standard department of real estate agent's sales and purchase agreement. Whatever they use, we use that. Then when we submit the package to the bank, it doesn't look unusual. It looks everything like it is. Plus, as I said, my negotiators are licensed agents. I had a lot of them, now I don't. That's how you do it. Yeah. Wayne is saying, "I've already watched module 13 four times. It's so great. Repetition equals permanent learning. Thank you so much. Wayne, this is a good point because when you watch things, they say, "Repetition is the mother in study." There's a lot in that saying that's been around for thousands of years because it's true. If you repeat those modules and you study them, you will learn. Guys, study is important. Learn all that you can about your business, including when to use which sale agreement. You know what? Studying without going out without implementing and practicing again doesn't get you far. You're armed; just get out on the appointments." - Marko Hope this bit of info helps you reach your goals investing in real estate! And if you want to know how I made millions of dollars flipping houses, go to my website right now for your ''Free Success Kit'' http://www.unlimitedfundingprogram.com/?utm_source=YT&utm_medium=Text_Links&utm_content=Purchase_And_Sale_Agreement_UFP&utm_campaign=YT_Description_Links In Conclusion, remember to use the short form when dealing with subject to property and the long form when you plan on flipping the house. The purchase agreement and sales agreement are designed to protect all parties including the investor. You can apply these basic marketing principles to all of your real estate investments. If you want to learn how to INVEST in Real Estate -- and you REALLY want to make money -- you need to go to my website right now for your ''Free Success Kit'' http://www.unlimitedfundingprogram.com/?utm_source=YT&utm_medium=Text_Links&utm_content=Purchase_And_Sale_Agreement_UFP&utm_campaign=YT_Description_Links I hope you found the information in this video valuable and informative. Please leave your comments and questions below! Good luck with your next real estate investment! Thanks for watching, -Marko "Share with all of your friends on Facebook !" http://youtu.be/Er9_v5HFJ_0 http://markorubel.com Facebook: https://www.facebook.com/marko.rubel.1 Facebook Page: https://www.facebook.com/pages/Marko-Rubel-Master-Investor-Author-Speaker-Coach/137108739659709 Twitter:https://twitter.com/MarkoRubel Google+: https://plus.google.com/114021876360314330393 LinkedIn:http://lnkd.in/biAeVA3 Ask me a Question? http://www.realestatemoney.com/contact/
Views: 1762 Marko Rubel
Making the offer to purchase
 
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VIDEO TRANSCRIPT: Reporter: Let's say I have found the perfect property. I am now ready to make that commitment. What are some of the things that I need to ask before I make that commitment? Simon Bray: You're looking for the property, and you finally find the one that you really like. At that stage, you're going to make an offer to purchase, which is really a binding contract between yo, and the seller, provided the seller accepts it. So it can be a particularly difficult process, if you haven't done it before, to understand exactly what needs to go into that contract but really you have to know that you want the house. So is it in the location that you're happy with? Close to schools, the neighbourhood and the community that you enjoy. Sometimes it's worth having rented in that neighbourhood before so you know exactly what you're getting into. Is the house the type of house you want? The space and all of that, and I think most importantly can you afford it, because as soon as you sign that offer to purchase it starts a whole process in motion. And if you can't afford it, well you've wasted your own time and that of the seller. Reporter: Okay, now let's say I've cleared my mind of any doubt, I'm a 100% sure this is the property I want to purchase, what do I do? Simon Bray: The best thing to do at that point is to engage with a professional, so an estate agent or an attorney, to draw up a contract for you which is called an offer to purchase. Basically, it records your offer, the price you're going to pay and the terms and conditions that you're happy to accept in a sale. And then it'll get submitted to the seller, and if the seller likes what he sees then he's going to sign it, and you're going to have a binding sale agreement. So it really is just a contracting phase between two parties, and it's important to understand what goes into that contract, what are the various clauses that you need to look out for and that's where an estate agent agent or an attorney can really add value. Reporter: And is there anything specific a buyer should be aware of, or at least look out for, before making that offer to purchase? Simon Bray: Absolutely. A suspensive condition is basically if this condition isn't met well then the sale doesn't go through. So there's usually a number of suspensive conditions inside of sale agreements or offer to purchase, and there are things like you have to get a bond within 30 days, or perhaps I've got to sell my house before I can buy this house. So those would be suspensive conditions, and it's good to look out for those. Another one people often miss is this concept of the Voetstoots clause. There's this misunderstanding in the market that because of the Consumer Protection Act, there's no such thing as the Voetstoots clause. But in an individual property transaction, say you're selling a house to me, that clause absolutely can go into a sale agreement which means you're selling the house to me as it stands. So I need to be aware of any defects and be happy to sort them out if they do present themselves down the line. So that's a good one to look out for. Provided you don't know about any major problem that you haven't told me about, because that would be fraudulent, right? Reporter: Simon what happens in the event that you've bought the house but people are still occupying it? Simon Bray: The transfer process usually takes about 12 weeks in this country. So specifying exactly when you're going to move in has to be in that Offer to Purchase. So it usually records a date of occupation, and if, as you say, the person continues to live in the place after that date of occupation, then you'd also specify occupational rent. So that's how much rent they would effectively pay you to live in that place. It's usually quite high, it usually has to cover all the costs of ownership for the property. So you do need to look out for those ownership clauses, like the occupational rent clause. Reporter: And what are some of those things you should not do after you've done your OTP? Simon Bray: One thing that's really interesting is people will sign multiple offers to purchase. You've seen two or three houses, you've put in two or three different offers, and then you look to get the cheapest one. But the problem is if all of those sellers sign those offers, you've actually just bought three properties. So you don't want to do that. You don't want to sign an offer that you can't get finance for, so you need to know what your affordability level is. And you can't just rely on what people call the "cooling off period". There's a little clause that goes in the contract that says, "If I change my mind in the next five days, then I'm allowed to." That cooling off clause actually really only applies to property below a certain value, usually really low, like R250,000. And those directly marketed. So you don't really want to rely on that clause.
Views: 1765 Private Property
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: 2436 BakerDonelsonOnline
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: 1414 E&C Consultants
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: 4104 Mark Woehrle
Founder Restricted Stock Purchase Agreements - Stock Option Counsel, P.C.
 
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Stock Option Counsel, P.C. - Legal Services for Individuals.  Attorney Mary Russell counsels individuals on equity grants, executive compensation design, employment agreements and acquisition terms. She also counsels founders on their personal interests  at incorporation, financings and exit events. Please see this FAQ about her services at www.stockoptioncounsel.com/faq or contact her at (650) 326-3412 or by email at [email protected] Thanks for watching! Subscribe to learn more about startup equity offers!
Views: 93 Mary Russell
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.
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: 89 McGuire Law Firm
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.
HIRE PURCHASE (TERM OF CONTRACT)
 
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BUSINESS LAW DSM3C 2018
Views: 159 Izzah Pola
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: 1978 Sharona Byrnes
Contract of Purchase and Sale BC
 
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Today I'm diving deep in to the Contract of Purchase and Sale (CPS) in British Columbia. I go through the highlights of the CPS which include the purchase price, deposit, terms and conditions, dates, and more. For an overview of what needs to be prepared for a contract when buying or selling, this is the vlog for you! Are you ready to BUY or SELL in the Greater Vancouver/Fraser Valley area?! Contact ME! MARIKO BAERG - REALTOR BRIDGEWELL REAL ESTATE GROUP Direct phone: 604-765-0376 Email: [email protected] Visit: http://www.bridgewellgroup.ca STAY IN TOUCH ON SOCIAL: Facebook: https://www.facebook.com/bridgewellgroup Twitter: https://twitter.com/bridgewellgroup Instagram: https://www.instagram.com/bridgewellgroup/ COQUITLAM REAL ESTATE VANCOUVER BC HOMES, TOWNHOUSES & CONDOS GREATER VANCOUVER BC REAL ESTATE FOR SALE
Residential Purchase Agreement - Part 2
 
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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: 1666 Sharona Byrnes
Daily Balance Vs Hire Purchase Agreement in Tricycle Business (Keke Napep) in Nigeria
 
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what is a hire purchase agreement in Keke Napep (Tricycle Business)? This is an agreement written and signed by the owner of a Keke Napep (Tricycle) and the Driver. This Document is used to write down the legal rules of the contract that you are about to start with the person that will ride the Tricycle for you. Here is an Example of how to Draft a Hire Purchase Agreement for your Business. This must not be for Tricycle alone, it is also applicable to Car, Motorcycle or any Vehicle. I have made a Template or Sample for you and you can fill in the required spaces in the form: HIRE PURCHASE AGREEMENT HIRE PURCHASE AGREEMENT made this …………………………. day of …………………2017 BETWEEN Mr. Bongdap Nansel Nanzip of Lamingo, Jos North LGA, Plateau State, Nigeria (herein referred to as the “OWNER”) of the one part. AND Iliya of Gwafan, Jos North L. G. A, Plateau State, Nigeria (Herein referred to as the “HIRER”) of the other part. WHEREAS: 1. The subject matter of this Hire purchase agreement is TRICYCLE with Registration No. Plateat WAS 336 QD valued at 500,000.00 ( Five hundred thousand naira). 2. The OWNER is in true and lawful possession of the said TRICYCLE with Registration No. Plateau WAS 336 QD free from any and or all encumbrance or adverse claim from a third party. 3. The vehicle hereinafter called the PROPERTY being the property of the OWNER has the following particulars: (i) Registration No:­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ (ii) Engine No:­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ (iii) Chassis No:­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ (iv) Vehicle make:­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ (v) Vehicle model/colour:­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ 4. The HIRER has approached the OWNER for the purpose of purchase of the above named TRICYCLE under Hire purchase agreement. 5. The OWNER has consented to so sale under the terms and conditions contained herein under. NOW THIS AGREEMENT WITNESS AS FOLLOWS: 1. That the hire purchase sum for the aforesaid tricycle is N500, 000 naira only (Five Hundred thousand Naira) 2. That the installment payment is weekly and at the rate of N15, 000 (Fifteen thousand Naira) every Sunday. 3. That ownership in the Tricycle shall remain with the Owner and can only be transferred to the Hirer on discharge of the hire purchase sum. 4. That the Owner shall recover the said tricycle from the Hirer in default of non payment for a particular week except on grounds of repair by the Hirer. 5. That Owner must be informed within a reasonable time of such repair and site of repair. 6. That where the Owner recovers as in paragraph four above, the hirer forfeits all he has paid prior to the recovery. 7. That where the Hirer sales, cause to be sold and or through negligent act cause the Owner to loose his ownership of the tricycle, he or his surety shall be held liable for payment 8. That all the clauses contained in this agreement shall be binding on the parties and represents the true intent of the parties. IN WITNESS WHEREOF, the parties have set their hands and sign the day and year first above written. SIGNED, SEALED AND DELIVERED BY THE WITHIN NAMED OWNER ……………………………… Bongdap Nansel Nanzip In the Presence of: 1. Name:……………………………………….. Address:…………………………………….. Occupation:………………………………… Signature:……………………………………. SIGNED, SEALED AND DELIVERED BY THE WITHIN NAMED HIRER ……………………………… Iliya In the Presence of: 1. Name:……………………………………….. Address:…………………………………….. Occupation:………………………………… Signature:……………………………………. The above is the sample of how to draft a Hire purchase agreement. This is subject to Change and should not be used without your Lawyer.
Views: 1383 Bongdap Nansel Nanzip
Buyers Cannot Just Walk Away From Finalized Purchase Contracts Without Consequences in Birmingham AL
 
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Collier Swecker video blogs about how some homebuyers are trying to walk away from finalized purchaser contracts right before closing with the thought that the only consequences will be loss of earnest money. In this tough real estate market, Sellers facing Buyers who are trying to just walk out on a legal purchase contract and who have had their home on the market for many months are starting to react by suing the Buyers for Specific Performance on the contract and forcing the Buyers to consummate the purchase of the home. I think that television shows and the intoxicating real estate boom of a few years ago have Buyers forgetting that they are signing legally binding contracts where Sellers can and sometimes will enforce their rights by forcing the sale through the court system. The courts will generally order Specific Performance by the Buyer in situations where all terms and conditions of the sales contract have been met and the Buyer just says that they do not want to buy the house anymore. Birmingham Real Estate Agents need to do a better job of explaining the legal consequences of contracts before they have their clients sign them. If your Real Estate Agent does not know the legal consequences of the Sales Contract and cannot answer basic questions about the Sales Contract, you may want to find another agent who can actually protect your legal interest. I am a firm believer that being a Real Estate Agent is more than just marketing a home and showing homes to Buyers. I think that my biggest responsibility as a Realtor is to make sure my client's legal and economic interests are protected by providing full explanations of the legal and economic consequences that will result from their actions. If you have any comments or questions about why buyers cannot walk away from contracts that have had all contingencies met without the possibility of legal consequences, email me at [email protected] or visit my website at www.MegaAgentRealEstate.com.
Lease Purchase Agreement For Real Estate
 
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http://www.leasepurchaseagreementmadeeasy.com - Using a lease purchase agreement is a fairly common real estate transaction. They are most often used when you have a true buyer for your house that just requires some time before they can close on the purchase of the property. However, this is not the only type of situation where a lease purchase would be the best type of transaction to structure in order to meet the objectives of both the seller and the buyer. The term (length) of the agreement is clearly laid out and agreed to in writing before the buyer gives the seller a deposit and moves into the property. Most sellers prefer to get a pretty good size deposit to confirm that they are dealing with a genuine buyer. A typical time frame for closing is anywhere from a few months to a year. They can be used to structure longer term deals. However, if the initial term of the agreement is going to be over 36 months, a different type of contract should probably be considered. A lease option would probably be a better choice if you have a tenant that simply wants the option and not the obligation to buy the property. With a lease purchase you and the buyer are actually going to draft a real estate contract with a set closing date anywhere from a few months to a couple of years out. The time-frame agreed to should be carefully considered by both parties before the documents are signed and fully executed. Naturally, the buyer is allowed to close on the purchase sooner if things work out that way. Obviously any type of contract, including real estate agreements, can be renegotiated if all the parties involved agree and the lease purchase form does allow for a one-time extension of the closing date under certain terms and conditions. However, things typically go better if all parties have a clear expectation of when the actual transfer of the real estate title and full payment to the seller will happen. Often the buyer is already working with a mortgage broker and has a pretty good idea of when they will be able to get the loan to close on the purchase. Before moving into the property the buyer will make a purchase deposit (not an option deposit). The lease purchase agreement will be attached and have supremacy over the real estate contract. If the buyer defaults on any of the terms of the agreement, you will typically have the right to eject them from the property and keep their deposit. Obviously that would be a worst-case scenario. Ideally, they will rent the house for a few months and then close on their contract.
Views: 4055 Jeff Hollyhand
Plot Loan for Land Purchase - Eligibility, Interest Rates & EMI [Hindi]
 
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How to take plot loan for buying residential plot, commercial plot or agricultural land purchase or plot and construction loan in India? Explained in Hindi. What are the interest rates, eligibility and documents required for plot loan or land loan from banks like SBI, HDFC, ICICI, DHFL, Axis Bank, PNB etc.? Let's understand the complete process. Related Videos: How to Buy Agricultural Land: https://youtu.be/3VBjwrqn52Y How to Buy Plot: https://youtu.be/JOOJ-nusyXE GST on Loans: https://youtu.be/xQ3qhx4MK4w Secured Loans vs Unsecured Loans: https://youtu.be/BJTPZPuohLE रेजिडेंशियल प्लाट, कमर्शियल प्लाट या एग्रीकल्चरल लैंड खरीदने के लिए लोन कैसे लें? प्लाट लोन या लैंड लोन के लिए आवश्यक दस्तावेज, ब्याज दरें और पात्रता क्या हैं? चलिए हिंदी में पूरी प्रक्रिया को समझते हैं। Share this Video: https://youtu.be/jVJw5wjM9rI 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: How to Buy a Plot or Land on Loan? How to take loan for purchasing a plot? How loan for a plot is different from home loan? Why is plot loan riskier than the home loan? Why interest rate for plot loan is higher compared to home loan? For what kind of plots one can take plot loan? What is plot and construction loan? What are the conditions bank applies to loan for land? What is the maximum loan tenure for land loan? What are the eligibility criteria for land purchase loan? What are the required documents for loan for land purchase? What are the additional charges of plot loan? प्लाट खरीदने के लिए कैसे लोन लिया जा सकता है? प्लाट लोन से होम लोन कैसे अलग होता है? होम लोन की तुलना में प्लॉट लोन क्यों ज़्यादा जोखिम होता है? होम लोन की तुलना में प्लाट लोन के इंटरेस्ट रेट्स ज़्यादा क्यों होते हैं? प्लाट लोन किस प्रकार की ज़मीन खरीदने के लिए लिया जा सकता है? प्लॉट प्लस कंस्ट्रक्शन लोन क्या है? प्लाट लोन के लिए बैंक की क्या शर्तें होती हैं? प्लाट लोन के लिए अधिकतम ऋण अवधि कितनी हो सकती है? प्लाट लोन के लिए एलिजिबिलिटी क्राइटेरिया क्या होते हैं? प्लाट लोन के लिए आवश्यक दस्तावेज कौन-से हैं? प्लॉट लोन में कौन-से अतिरिक्त शुल्क शामिल होते हैं? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Instagram - http://instagram.com/assetyogi Pinterest - http://pinterest.com/assetyogi/ Google Plus – https://plus.google.com/+assetyogi-ay Twitter - http://twitter.com/assetyogi Facebook – https://www.facebook.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Hope you liked this video in Hindi on “Plot Loan for Residential, Commercial, Agricultural Land Purchase"
Views: 35724 Asset Yogi
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: 13453 HBAberks
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.
Buying Commercial Real Estate without Bank Loans
 
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https://www.commercialpropertyadvisors.com/buying-commercial-real-estate-without-bank-loans/ Discover how to buy commercial real estate without using bank loans. You'll learn about creative financing techniques such as master leases, seller financing and installment sales. This is a must watch video for anyone interested in commercial real estate investing.
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.
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: 257 BeyondBreakeven
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: 235348 carwow
How to Wholesale Real Estate - EXACTLY How to Fill Out Real Estate Contracts - UPDATED!
 
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https://www.wholesalingwithmike.com - Over the shoulder, how to video includes specific clauses, tweaks, loopholes and a walkthrough showing you how to fill out your wholesaling contracts as both a buyer and seller. Download two completed contracts (one as the buyer and the other as the seller) to use as a reference absolutely Free AND access 35 clauses you can add to your contracts to reduce costs, increase profits and protect your interests (and profits) as a wholesaler at: https://www.wholesalingwithmike.com and click on "Free Training Videos"
Views: 48444 Mike Hill
What should be in a commercial real estate purchase contract?
 
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A Real Estate FAQ with Mark A. Williams Attorney at Law vanwil.com 402.504.1300
Views: 1123 Vandenack Weaver LLC
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: 2600 Evolution Funding
Stock Purchase Agreement: Everything You Need to Know
 
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Have more questions? Hire an attorney on UpCounsel today and Post a Job: https://www.upcounsel.com/jobs/new A stock purchase agreement is the agreement that two parties sign when shares of a company are being bought or sold. These agreements are often used by small corporations who sell stock. Either the company or shareholders in the organization can sell stock to buyers. A stock purchase agreement is meant to protect you whether you're the purchaser or the seller.
Views: 69 UpCounsel
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.

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