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Nc Standard Form 2 T Revised 7

Nc Standard Form 2 T Revised 7

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Instructions and help about 2t offer to purchase nc

hey everyone today I'm going to talk about the buyer's rights if they make an offer to purchase a home under form standard offer to purchase 2T and they indicate on the contract uh I think it's paragraph 5B that they need to sell their existing home before they buy the one they're making an offer on so if they if they do this and then they can't uh can they terminate the offer and get their due diligence and depending on the timing their earnest money deposit back and the answer is no they cannot so even though the form 2T has a place to indicate to the seller that you need to sell your house before it's not really a contingency that allows you to terminate the contract before you get out of it so if it's and this is spelled out it's a spelled out paragraph five b for C so if if paragraph 5 b if uh if it doesn't create a contingency why do they have it on there in the first place and the answer is just transparency

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