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FAQs real estate addendum example
Where do residential real estate companies get their forms from (i.e., offer to purchase, addendum, counters, etc.)? How often are they updated?Most states have standardized forms to simplify this for all parties to a residential transaction. Keep in mind that commercial transactions are a lot more cavalier. As it is assumed that someone purchasing commercial property is somewhat savvy, the government does not aim to regulate and “protect” these individuals as heavily. Florida has the Florida Real Estate Commission (FREC), which governs real estate brokerage activity and provides guidance on best practices. Most states have something comparable that puts together these forms you reference.
Why don't schools teach children about taxes and bills and things that they will definitely need to know as adults to get by in life?Departments of education and school districts always have to make decisions about what to include in their curriculum. There are a lot of life skills that people need that aren't taught in school. The question is should those skills be taught in schools?I teach high school, so I'll talk about that. The typical high school curriculum is supposed to give students a broad-based education that prepares them to be citizens in a democracy and to be able to think critically. For a democracy to work, we need educated, discerning citizens with the ability to make good decisions based on evidence and objective thought. In theory, people who are well informed about history, culture, science, mathematics, etc., and are capable of critical, unbiased thinking, will have the tools to participate in a democracy and make good decisions for themselves and for society at large. In addition to that, they should be learning how to be learners, how to do effective, basic research, and collaborate with other people. If that happens, figuring out how to do procedural tasks in real life should not provide much of a challenge. We can't possibly teach every necessary life skill people need, but we can help students become better at knowing how to acquire the skills they need. Should we teach them how to change a tire when they can easily consult a book or search the internet to find step by step instructions for that? Should we teach them how to balance a check book or teach them how to think mathematically and make sense of problems so that the simple task of balancing a check book (which requires simple arithmetic and the ability to enter numbers and words in columns and rows in obvious ways) is easy for them to figure out. If we teach them to be good at critical thinking and have some problem solving skills they will be able to apply those overarching skills to all sorts of every day tasks that shouldn't be difficult for someone with decent cognitive ability to figure out. It's analogous to asking why a culinary school didn't teach its students the steps and ingredients to a specific recipe. The school taught them about more general food preparation and food science skills so that they can figure out how to make a lot of specific recipes without much trouble. They're also able to create their own recipes.So, do we want citizens with very specific skill sets that they need to get through day to day life or do we want citizens with critical thinking, problem solving, and other overarching cognitive skills that will allow them to easily acquire ANY simple, procedural skill they may come to need at any point in their lives?
Is it legal to back out of a real estate deal on an inspection contingency for reasons unrelated to the home inspection?Maybe. It depends if the reason you want out is stated as a contingency. If you want out, say it now and LOUD. I have never held a buyer in a contract that wanted out. You can still lie and tie it to the inspection contingency, or mess up your money with the lender so you don’t get loan approval, another contingency, unless you have already waived this contingency. Be upfront with your agent and tell them you do not want to buy this property . . . period. Worse case scenario, you may lose some or all of your deposit. It is not necessarily automatic to lose a deposit and sometimes, can be a factor to release the deposit in full back to you IF THERE IS ANOTHER BUYER. By not releasing your deposit, or at least negotiating it may or can prevent another buyer from closing the transaction.
Is my real estate agent being honest? He said he has to pay $100 to Zillow each time someone fills out the contact listing agent form on my house. True?Not to my knowledge. In my area, the way Zillow works is it pulls listings from the MLS (multiple listing service) unless I check a box that says the seller prohibits this. So it’s no more work for me to list your property on Zillow than in the MLS. Zillow sells real estate agents “leads” (queries about specific properties) or (in a new program) takes a % of the brokerage fee after a property has closed. Contacting agents online is free to both parties.
How can I fill out Google's intern host matching form to optimize my chances of receiving a match?I was selected for a summer internship 2016.I tried to be very open while filling the preference form: I choose many products as my favorite products and I said I'm open about the team I want to join.I even was very open in the location and start date to get host matching interviews (I negotiated the start date in the interview until both me and my host were happy.) You could ask your recruiter to review your form (there are very cool and could help you a lot since they have a bigger experience).Do a search on the potential team.Before the interviews, try to find smart question that you are going to ask for the potential host (do a search on the team to find nice and deep questions to impress your host). Prepare well your resume.You are very likely not going to get algorithm/data structure questions like in the first round. It's going to be just some friendly chat if you are lucky. If your potential team is working on something like machine learning, expect that they are going to ask you questions about machine learning, courses related to machine learning you have and relevant experience (projects, internship). Of course you have to study that before the interview. Take as long time as you need if you feel rusty. It takes some time to get ready for the host matching (it's less than the technical interview) but it's worth it of course.
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People also ask contingency form
Is South Carolina an attorney closing state?Unlike other states, the closing attorney in South Carolina is a totally separate party from the title insurance company. ... The use of a closing agent rather than an attorney to close your loan is not only dangerous to you, but it is illegal, even if the transaction is "only" a refinance. In re Lester, 578 S.E.2d 7 (S.C.
What is an attorney state?A state's attorney or state attorney is a lawyer representing the interests of the state in a legal proceeding, typically as a prosecutor.
Is Tennessee an attorney closing state?Unlike some states, Tennessee does not require that buyers involve a lawyer in the house-buying transaction. ... Or, you may want a lawyer's help if problems show up during escrow or the house closing. Check out Nolo's Lawyer Directory, to find an experienced real estate attorney in Tennessee.
Which states require attorneys for real estate closings?These states require the presence of lawyers during real estate closings: Alabama, Connecticut, Delaware, District of Columbia, Florida, Georgia, Kansas, Kentucky, Maine, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, New York, North Dakota, Pennsylvania, Rhode Island, South Carolina, Vermont, ...
Is earnest money required in South Carolina?Any money a real estate broker receives as an earnest money deposit must remain in the trust account until specific conditions are met, according to South Carolina Code section 40-57-135(4)(c).