George's Blog

George Clements ~ Greenville, SC Real Estate   Paragraph 27 of the Contract For Sale deals with the date at which a contract goes into effect and looks something like this. 27. EFFECTIVE DATE : The Effective Date shall be the last date upon which the Purchaser or Seller signs or initials, dates, ...

George Clements ~ Greenville, SC Real Estate  Paragraph 26 of the Contract For Sale deals with the acceptable forms of accepting an offer and looks something like this:  26. Acc eptable Methods of Deliv ery and comm unic ation: The parties agree that the offer,any counter offer and/or acceptance ...

George Clements ~ Greenville, SC Real Estate  Paragraph 25 of the Contract For Sale deals with weather an offer is accepted or not and looks something like this: 25. Communication of Aceptance: The acceptance of this offer or any counteroffer shall be ineffectiveunless and until such acceptance i...

George Clements ~ Greenville, SC Real Estate  Paragraph 24 of the Contract For Sale deals with the expiration of the offer and looks something like this:  24. Expiration of Original Offer: The original offer is deemed revoked if not accepted and a signedacceptance communicated by delivery to Purc...

George Clements ~ Greenville, SC Real Estate Paragraph 23 of the Contract For Sale is entitled "Survival" and looks something like this:  23. SURVIVAL: If any provision herein contained which by its nature and effect is required to be observed,kept or performed after the closing, it will survive ...

George Clements ~ Greenville, SC Real Estate The second part of pragraph 22 of the Contract For Sale looks something like this: The following matters are excluded from mediation hereunder: (a) judicial or non-judicial foreclosure or otheraction or proceeding to enforce a deed of trust, mortgage, ...

George Clements ~ Greenville, SC Real Estate Paragraph 22 of the Contract For Sale is rather long so I thought I would break up the explanation into two parts.  The first part looks something like this: 22. Mediation clause: Any dispute or claim arising out of or relating to this Contract, the br...

George Clements ~ Greenville, SC Real Estate Paragraph 21 of the Contract For Sale is entitled "Entire Contract; Binding Contract; Time:" and looks somthing like this: 21. ENTIRE CONTRACT; BINDING CONTRACT; TIME: This written Contract expresses the entire agreementbetween the parties, unless ther...

George Clements ~ Greenville, SC Real Estate Paragraph 20 of the Contract For Sale is quite long and looks something like this: 20. DISCLAIMER BY BROKERS AND AGENTS: The Listing Brokers or Selling Brokers and their Agents donot make any warranties or representations, either expressed or implied, ...

George Clements ~ Greenville, SC Real Estate Paragraph 19 of the Contract For Sale deals with Megan's Law and looks something like this: 19. MEGAN’S LAW : The Purchaser and Seller agree the Listing and Selling Brokers and their agents are notresponsible for obtaining or disclosing any information...