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Top Questions and Answers
If an offer is accepted and there are no contingencies remaining on the purchase contract, it's too late to back out of a home sale without consequences. For buyers, this usually means forfeiting the earnest money, which is usually 1?3% of the purchase price. Learn more about how to write a good real estate contract.
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STATE OF NORTH CAROLINA. OPTION TO PURCHASE AGREEMENT. COUNTY OF BRUNSWICK. THIS OPTION TO PURCHASE AGREEMENT (this “Agreement”), is made and entered into this ... Each Optionor is an individual with the legal capacity to enter into this Agreement and to consummate the transactions contemplated hereby. ... not sell, transfer ... Purchaser reserves the right to obtain alternative financing as long as there are no increased costs to Seller. □ Assumption. See attached Addendum. □ ... Chapter 47G. Option to Purchase Contracts Executed With Lease Agreements. § 47G-1. Definitions. The following definitions apply in this Chapter:. Jul 16, 2019 — To embed, copy and paste the code into your website or blog: <iframe ... The appellate court cited settled law as follows: “Where an option to ... Apr 21, 2022 — Option agreements on land can be used a number of ways in farm succession or consolidation of farm interests in co-tenancy. Aug 3, 2023 — The only thing that matters is recordation, because North Carolina law protects the party who “wins the race” and is first in time to properly ... Mar 15, 2017 — North Carolina General Statute Chapter 47G governs Option to Purchase Contracts executed with Lease Agreements. The leases that are covered ... by TW Christopher · Cited by 12 — An option ... is a contract by which the owner of property agrees with another that he shall have the right to purchase the same at a fixed price within a ... OFFER TO PURCHASE AND CONTRACT—NEW CONSTRUCTION. [Consult “Guidelines” (Form 800G) for guidance in completing this form]. [This form is designed for use ...
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