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Other Considerations Paid by the Said Purchaser, the Receipt of Which is Hereby Acknowledged,  Form

Other Considerations Paid by the Said Purchaser, the Receipt of Which is Hereby Acknowledged, Form

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Instructions and help about Other Considerations Paid By The Said Purchaser, The Receipt Of Which Is Hereby Acknowledged,

hi everybody Dana Sparks broker of Maximum one Greater Atlanta Realtors and this week's contract tip has to do with the due diligence period in our real estate contracts here in Georgia so this time frame depending on which contract forms you're using if you're using the gar Georgia Association of realtor contracts it is referred to as the due diligence period if you are using the re forms contract this time frame is referred to as the buyer's right determinate period regardless of which set of contracts you're using and what it's called conceptually and contractually it is the same concept and the same thing per the buyer and the seller with respect to the contract so what is it that time frame is the period within which the buyer has to decide are they going to proceed with the contract or are they going to terminate in essence it creates an option contract for the buyer for that time frame if the buyer chooses to terminate prior to 11:

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