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  2. Estoppel certificate - Wikipedia

    en.wikipedia.org/wiki/Estoppel_certificate

    An estoppel certificate is a document used in real estate and mortgage transactions to confirm the terms of a rental agreement and any claims by the tenant. It is based on the legal principle of estoppel, which prevents someone from changing their agreement later.

  3. Side letter (contract law) - Wikipedia

    en.wikipedia.org/wiki/Side_letter_(contract_law)

    A side letter is an agreement that is not part of the primary contract, but that has the same force as the primary contract. Learn about the use, validity and examples of side letters in different types of contracts, such as financial, property or private fund contracts.

  4. 72-hour clause - Wikipedia

    en.wikipedia.org/wiki/72-hour_clause

    A 72-hour clause is a seller contingency in real estate contracts that allows the seller to accept a backup offer if a better one comes along. Learn how it works, when it was updated, and what are the pros and cons of using it.

  5. Letter of intent - Wikipedia

    en.wikipedia.org/wiki/Letter_of_intent

    A letter of intent (LOI) is a document outlining the understanding between two or more parties that they intend to formalize in a legally binding agreement. Learn about the purposes, potential downsides and specific examples of LOIs in different contexts, such as academia, real estate and government grants.

  6. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    Another sale contingency – Purchase or sale of the real estate is contingent on a successful sale or purchase of another piece of real estate. The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a ...

  7. Buyer brokerage - Wikipedia

    en.wikipedia.org/wiki/Buyer_brokerage

    Buyer Agency Agreements are where a real estate agent represents the buyer of real estate. With the advent of "Buyer Agency" (Buyer Brokerage) in the early 1990s as opposed to seller agency, a real estate Agent/Broker agrees and contracts to represent the Buyer in his purchase of a home/property. Buyer Agency Agreements were developed to set ...

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