RECENT BLOG POSTS
George Clements ~ Greenville, SC Real Estate Paragraph 14 of the Contract For Sale deals with default of the contract and looks something like this:  14. DEFAULT: If Purchaser or Seller fails to perform any covenant of this Contract, the other party may seek any available legal or equitable remed...
03/26/2008
George Clements ~ Greenville, SC Real Estate Paragraph 13 of the Contract For Sale deals with damage to the property before closing and  looks something like this:  13. FIRE OR CASUALTY: In the event the Property is destroyed or damaged by fire or other casualty prior to closing,Purchaser or Sell...
03/26/2008
George Clements ~ Greenville, SC Real Estate  Paragraph 12 of the Contract For Sale deals with personal property and looks something like this: 12. PERSONAL PROPERTY, FIXTURES, ETC.: No personal property will be transferred or conveyed as a part of this ale, except as referenced in MLS or listed ...
03/24/2008
George Clements ~ Greenville, SC Real Estate   Paragraph 11 of the Contract For Sale deals with "NON-RESIDENT TAX."  The paragraph looks something like this:    11. NON-RESIDENT TAX: Seller covenants and agrees to comply with the provisions of Section 12-8-580 of the Code of laws of South Caroli...
03/24/2008
George Clements ~ Greenville, SC Real Estate Paragraph 10 is entitled "ADJUSTMENTS" and looks something like this: 10. ADJUSTMENTS: Taxes, fuel(s), rents, other fees associated with rentals, including homeowner’s association fees, will be adjusted as of the date of closing. Tax prorations are bas...
03/19/2008
George Clements ~ Greenville, SC Real Estate Paragraph 9 of the Contract For Sale deals with possession and looks something like this:  9. POSSESSION: Possession of said Property will be given to Purchaser ____at the time of closing, provided any net proceeds of the sale have been dispersed or __...
03/19/2008
George Clements ~ Greenville, SC Real Estate  Paragraph 8 in the Contract For Sale deals with whose name the title is going to be put in and how the closing is going to take place.  The paragraph looks something like this: 8.CONVEYANCE AND CLOSING DATE: Seller agrees to convey by marketable title...
03/18/2008
George Clements  ~ Greenville, SC Real EstateParagraph 7 of the Contract For Sale deals with closing costs.  The paragraph looks something like this:  7. CLOSING COSTS: All expenses necessary for the consummation of this sale, unless otherwise agreedherein, will be paid as follows: (a) Seller wil...
03/18/2008
George Clements ~ Greenville, SC Real Estate  Paragraph 6 of the Contract for Sale is named "LOAN APPLICATION."  The paragraph looks something like this: 6. LOAN APPLICATION: Purchaser agrees to apply for financing, as required above, from the Lender of hischoice within ____calendar days after th...
03/18/2008
George Clements ~ Greenville, SC Real Estate Paragraph 5 of the Contract for Sale deals with contingency.  The paragraph looks something like this: 5. CONTINGENCY: The obligation of the Purchaser to purchase is also contingent upon: ____The Propertyappraising for not less than the sales price as ...
03/18/2008
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George Clements

Greenville, SC Real Estate
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Real Estate in the Greenville, SC area is the main focus of this blog. Topics include everything to do with real estate and real estate transactions.