30 11, RESIDENTIAL CONDOMINIUM CONTRACT RESALE, 4 28 Florida Supreme Court Approved Family Law Form 12 943 Trec State Tx
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People also ask
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How is paragraph 13 of the residential condominium contract different from the one to four family residential contract?
The answer is the seller will be obligated to pay the rollback taxes. How is paragraph 13 of the Residential Condominium Contract different from the One to Four Family Residential Contract? The answer is it addresses cash reserves from regular condominium assessments. -
What's the purpose of the special provisions paragraph of the one to four family residential contract resale )?
The Special Provisions Paragraph provides instructions to only insert “factual statements and business details.” But what is the difference between a factual statement or business detail and language that could be considered the unauthorized practice of law? -
Which of the following is an example of an acceptable use of paragraph 11 special provisions?
Which is an example of an acceptable use of Paragraph 11 - Special Provisions? In order to protect their client, agents should note all issues in the special provisions paragraph as well as attach the proper promulgated addenda. -
What is the purpose of the one to four family residential contract quizlet?
It notifies the buyer that if the property is in a utility provider service area there may be additional fees or taxes associated with the property. It notifies the buyer that if the property is in a public improvement district, there may be additional fees or taxes associated with the property. -
What is paragraph 11 of the one to four family residential contract Called____________________________?
The answer is Paragraph 11, Special Provisions. Buyer submits an offer for buyer to purchase seller's property using the One to Four Family Residential Contract. Seller counteroffers, buyer accepts seller's counteroffer, and the buyer signs the contract. -
What are Section 11 special provisions in the one to four family residential contract resale quizlet?
ing to the One To Four Family Residential Contract (Resale), what type of tenancy did this create? Section 11 allows both parties to add any factual statements or business details relating to the sales contract. -
What is the purpose of paragraph 23 of the one to four family residential contract?
The only penalty for not paying the option fee is that the buyer doesn't have the option to terminate. Under Paragraph 23, Termination Option, buyers may pay a fee for the option to terminate the contract within a negotiated number of days. -
What is paragraph 11 of the TREC promulgated contract?
11. SPECIAL PROVISIONS: (Insert only factual statements and business details applicable to the sale. TREC rules prohibit license holders from adding factual statements or business details for which a contract addendum, lease or other form has been promulgated by TREC for mandatory use.)
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