King Washington Unaffiliated Seller's Agreement

Name: King Washington Unaffiliated Seller's Agreement
Brand: US Legal Forms
Rating: 4.8 (467 reviews)

Category:

Corporations - Public - Sales

State:

Multi-State

County:

King

Control #:

US-EG-9060

Format:

Instant download

Description

Unaffiliated Seller's Agr. btwn Prudential Securities Secured Financing Corp., ABFS 1999-4, and American Bus. Credit, et al. dated Dec. 1, 1999. 45 pages

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FAQ

An option is a right that the owner of a real property (the optionor) gives to another person (the optionee) to buy certain property at a fixed price for a definitive duration. An option is an offer that binds the optionor to sell, but does not obligate the optionee to purchase.

In a buyer's market, when homes are plentiful and prices are low, right-of-first-refusal agreements can directly benefit sellers. Since this agreement is drafted before the home hits the market, the homeowner might be able to persuade the original interested party to pay more than the home's current value.

The fundamental difference between an Option and a Right of First Refusal is that an Option to Buy can be exercised at any time during the option period by the buyer. With a Right of First Refusal, the right of the potential buyer to complete the transaction is triggered only if the seller wants to complete a sale.

For example, a commercial tenant may prefer to lease a location; however, he may buy the premises if it meant that he would be evicted if the property sold to a new owner. In such a case, the tenant would negotiate to have a right of first refusal clause incorporated into his lease.

The right of first refusal (ROFR) is a contractual right that can impact your business and future opportunities. Simply put, the ROFR gives the holder of the right the option to enter into a transaction before anyone else.

The right of first refusal is usually triggered when a third party offers to buy or lease the property owner's asset. Before the property owner accepts this offer, the property holder (the person with the right of first refusal) must be allowed to buy or lease the asset under the same terms offered by the third party.

Direct sales contract means a contract between a supplier and a consumer for the supply of goods or services that is entered into in person at a place other than the supplier's permanent place of business.

Sometimes referred to as a right of first opportunity or first right to purchase, this provision requires the owner to give the holder the first chance to buy a property after the owner decides to sell. Unlike the option to purchase, the holder cannot force the owner to sell.

Option Rights means all warrants, rights or options to subscribe for or purchase, or obligations to issue, any shares of Common Stock, or any Convertible Securities.

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Other Sellers on Amazon. Added. United States. Congress. Senate.Committee on Appropriations. In the 2010 case, Steiner vs. Formal adoption of a new paradigm – called "ecological forestry" in the literature. We Make Insurance Easier! Talk with an experienced independent insurance agents. Track your overall performance in one place. By signing up, you agree to our Privacy Policy and Terms. Real estate agents affiliated with Coldwell Banker are independent contractor sales associates and are not employees of Coldwell Banker.

King Washington Unaffiliated Seller's Agreement

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What is an optionor in real estate?

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Is a right of first refusal an option contract?

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What is King Unaffiliated Seller's Agreement?

How do I become an independent seller on King's platform?

What are the obligations of an independent seller under the agreement?

What rights do I have as an independent seller under the agreement?

Can I sell my products elsewhere while being an independent seller on King's platform?

What happens if I violate the terms of the agreement?

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