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 Trec 1 Form 2003-2025

Tennessee Real Estate Commission S 2003-2025 Form

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the most common reason why a buyer may terminate a contract is the option period basically they decided not to buy it anymore and they had the unrestricted right to terminate a contract then you need to go ahead and return their earnest money they will go ahead and exercise their right to walk away they could also terminate because their financing didn't get approved maybe the lender required some repairs maybe the lender didn't approve the loan there's more than one reason why the lender might require them to do something else the buyer might have an objection to title something might come up with title that they might not feel comfortable with if they're not working with a realtor they might struggle to understand and back away run away they might object to the survey they found out later on that you didn't disclose a material fact that this is outlined on their paragraph 7 property condition you're supposed to disclose the condition of

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