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Purchase And Sale Agreement Explained
 
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A brief explanation about filling out a purchase and sale agreement when putting an offer on a home.
Views: 17879 Michael Eisenberg
How to fill out a Real Estate Purchase Agreement thelandflippingformula.com
 
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http://thelandflippingformula.com In this video I show how to fill out a purchase agreement to buy residential real estate property. I also show how to fill out an assignment agreement to sell your contract to a cash investor and collect your fee in the middle. ALWAYS CONSULT A LOCAL REAL ESTATE ATTORNEY TO BE DURE YOUR CONTRACT IS LEGAL IN YOUR MARKETPLACE. When selling contracts or assigning your contract contact local title companies and or real estate attorney to be sure they can close your transaction promptly Go out, negotiate great deals, sell your contract and get paid! For more real estate investing tips, strategies or coaching visit http://thelandflippingformula.com
Views: 43448 Mike Alder
Agreement for Sale of Property and Land - Explained in Hindi
 
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Agreement for Sale of Property is an agreement that is executed between Buyer and Seller before Sale Deed of the land or property is executed. Let's understand the terms and conditions of the agreement and how property is bought and sold through it. Related Videos: Property Registration Process: https://youtu.be/S3KW_a4lLHc Encumbrance: https://youtu.be/Ab-Ugt50fS8 Clear Title: https://youtu.be/s1_6vIldGng Sale Deed: https://youtu.be/pPezwHazJPA किसी भी संपत्ति का Agreement for Sale एक ऐसा अनुबंध होता है जो क्रेता और विक्रेता के बिच Sale Deed निष्पादित करने से पहले किया जाता है। आइए जानते हैं की Agreement for Sale के क्या नियम व शर्तें होती हैं और कोई भी सम्प्पति कैसे खरीदी और बेची जाती है। Share this Video: https://youtu.be/3L2ninpXC4c Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What is an Agreement for sale of a property? How is Agreement for sale different from sale deed? What terms and conditions are included in the Agreement for sale? How property is bought and sold through Agreement for sale? What is earnest money? किसी भी संपत्ति का Agreement for Sale क्या होता है? क्या Sale Deed से अलग होता है Agreement for Sale? ऐसे कौन से नियम व शर्तें हैं जो Agreement for Sale में शामिल किये जाते हैं? Agreement for Sale के साथ संपत्ति कैसे खरीदी और बेची जाती है? Earnest Money या Advance क्या होता है? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Twitter - http://twitter.com/assetyogi Pinterest - http://pinterest.com/assetyogi/ Google Plus – https://plus.google.com/+assetyogi-ay Facebook – https://www.facebook.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Instagram - http://instagram.com/assetyogi Hope you liked this video on "Agreement for Sale".
Views: 99839 Asset Yogi
Agreement of Purchase and Sale Clauses -- Episode #143
 
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In this video, Marcel Greaux from the Toronto Real Estate Club interviews me on the importance of certain clauses in the Agreement of Purchase and Sale. There are things that we examine here that you may have not known about. Although all of the clauses are important, in this video we discuss the following five: 1. Deposit 2. Completion Date 3. Chattels 4. Insurance 5. Agreement in Writing If you have any questions about these clauses, please feel free to call me at 416-885-2010.
Views: 2308 Andrei Angelkovski
Remedies for Purchase and Sale Agreements
 
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http://www.LawFang.com -Boston real estate litigation attorney, Alan Fanger explains remedies for the buyer of real estate in the event the seller trys to breach the Purchase and Sale Agreement.
Views: 196 AttorneyConnect
Buy Sell Agreement Explained
 
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Ever wondered what would happen to your share of your business if you died or became incapacitated? This video shows what would happen and how you can protect your share in your business.-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 5680 Angus Elliott
Sale vs. Agreement to Sell | Formation of the Contract of Sale | CA CPT | CS & CMA Foundation
 
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Sale vs. Agreement to Sell, Learn Formation of Contract of Sale, What is Contract of Sale, Types of Goods and Formalities, Delivery and Transaction Similar to Sale. For Details Visit https://www.meraskill.com/ca-cpt/law/formation-contract-of-sale WhatsApp Now: 8692900017 http://www.meraskill.com/ our other chapters in this series Accounts by Sheela Madam http://bit.ly/AcctsIntro http://bit.ly/AcctJournaltoCB http://bit.ly/CR_ROE http://bit.ly/BankRecoS http://bit.ly/MSInventory http://bit.ly/MSDep http://bit.ly/MSFinalAc http://bit.ly/MSConsignment http://bit.ly/MSJointV http://bit.ly/MSBillsOfExchg http://bit.ly/MSSalesReturn http://bit.ly/MSPartnership1 http://bit.ly/MSPartnership2 http://bit.ly/MSCompanyActs1 http://bit.ly/MSCompanyActs2 Law by Bharat Sir http://bit.ly/MSNatureofContract http://bit.ly/MSConsideration http://bit.ly/MSEssentialElements http://bit.ly/MSPerformanceOfContract http://bit.ly/MSBreachOfContract http://bit.ly/MSContingent_Quasi http://bit.ly/MSFormationContractOfSale http://bit.ly/MSCondition_Wattanties http://bit.ly/MSTransferOfOwnership http://bit.ly/MSUnpaidSeller http://bit.ly/MSNatureOfPartnership http://bit.ly/MSRelationshipOfPartners http://bit.ly/MSRegistration_Dissolution Micro by Bharat Sir http://bit.ly/MSIntroMicroEconomics http://bit.ly/MSDemand http://bit.ly/MSTheoryofCB http://bit.ly/MSSupply http://bit.ly/MSTheoryOfProd http://bit.ly/MSTheoryOfCost http://bit.ly/MSMarket http://bit.ly/MSPriceDetermination Macro by Jaya Madam http://bit.ly/MSNatureOfIndianEconomy http://bit.ly/MSRoleOfDiffSectors http://bit.ly/MSNationalIncome_Tax http://bit.ly/MSPopulation_Poverty_Unemployment http://bit.ly/MSInfrastuctureChallnges http://bit.ly/MSBudget_Money_Banking http://bit.ly/MSEconomicsReforms Maths by Anand Sir http://bit.ly/MSRatio_Propr http://bit.ly/MSIndices_Log http://bit.ly/MSEquations http://bit.ly/MSInequalities http://bit.ly/MSInterest http://bit.ly/MSPermutaion_Combination http://bit.ly/MSAP_GP http://bit.ly/MSSets_Function http://bit.ly/MSLimits http://bit.ly/MSDifferentiation http://bit.ly/MSIntegration -- photo MeraSkill WhatsApp 8692900017 | www.meraskill.com | [email protected]
Views: 23249 Mera Skill
Session 4: Writing an Offer
 
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Writing an Offer 1:33 - Purchase Agreement, important dates 4:21 - How to write a strong offer in a sellers market 7:15 - How to we handle a low ball offer 7:59 - Preparing buyers for a counter offer 8:42 - Counter Offers 9:26 - Task List while writing an offer
California Association of Realtors (CAR) - Residential Purchase Agreement (RPA)
 
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Brian Schwatka, Realtor and Transition Specialist explains the (CAR) - Residential Purchase Agreement (RPA) to Buyers or Sellers.
Views: 5605 Stay Or Go Homeowner
Asset Purchase Agreement
 
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Download: http://www.contract-template.org/asset-purchase-agreement.html Learn how to create or write a Asset Purchase Agreement.
What is a purchase and sale agreement?
 
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Keith Crockett, Hathaway & Reynolds, PA, http://thelaw.tv/jacksonville/landing/hathaway - (904) 342-6657. Florida Residential Real Estate Law FAQs: http://thelaw.tv/jacksonville/Residential+Real+Estate+Law Disclaimer: http://thelaw.tv/disclaimer/
Views: 43 hathawaylawtv
CA Residential Purchase and Sale Agreement - RPA
 
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www.FavoriteRealEstate.com CA Attorney Realtor John McConnin Provides an Intro and reviews the fist 2 sections of the CA RPA. The California Residential Purchase and Sale Agreement from the CA Assoc of Realtors
Views: 10066 John McConnin
How To Write An Offer To Purchase Real Estate
 
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This is a VLOG created by Sharon McNamara, Broker|Owner|Realtor of Boston Connect Real Estate showing in detail how to write an offer to purchase real estate.
Negotiation of Representations and Warranties in the Purchase and Sale Agreement
 
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Join us for an in-depth discussion about the intricacies of negotiating reps and warranties in connection with the purchase and sale of a privately-held company. By reviewing sample pro-buyer and pro-seller reps and warranties, we will discuss the definition and purpose of reps and warranties, their relationship to due diligence, scope and timing issues, typical qualifications and limitations on recovery for breach.
Views: 2373 BakerDonelsonOnline
CREPN #165 - Letter of Intent & Purchase Sale Agreement with Vinney Chopra
 
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The Letter of Intent and the Purchase Sale Agreement are significant steps towards closing your multifamily purchase. LISTEN: http://bit.ly/2C6XpPICREPN165 When you find a multifamily property, you run the numbers. If the numbers show promise, it’s time to engage the seller to see if you can put the deal together. The initial non binding offer used by buyers is a LOI. If you and the Seller find agreement in principle, you will formalize the offer with a Purchase Sale Agreement. CLICK HERE FREE Sample LOI & Cover Letter Letter of Intent The Letter of Intent is used to present the framework of your offer, your intent to purchase the Seller’s apartment building. This should be addressed to the selling broker, not the Seller. To see a sample Cover Letter & LOI used by Vinney, click here. The Cover letter should summarize your intentions. It should also include any relevant experience you or your team has closing on Multifamily Properties, to give the buyer confidence you will close if they accept your offer. The Letter of Intent is not binding, so it does not require legal review, but should contain:: Property details, address, number of units. Identify that your offer is based off of the numbers provided by the selling broker. General terms & conditions to purchase by your company or assign: Purchase Price Estimated requirement for Capital Expenses Earnest money, Vinney recommends at least 1% of the sale price. Timeline to complete the purchase: Due Diligence timeline Inspection Period Extensions if needed and conditions to extend Closing period Financing period: Lender approval letter Down payment funds Readiness of Property, including occupancy percentage required. Inspection documents required from the Seller: Financials Rental Agreements Survey Phase I Environmental Assessment Because you will be offering less than selling price offered, it is to be expected that the Seller will either reject or counter your initial LOI. After some back and forth, if you are able to reach agreement in principle with the Seller, you need to put the property under contract. This is accomplished using a Purchase Sale Agreement. Purchase Sale Agreement The Purchase Sale Agreement is a legal, binding agreement. The PSA includes all of the items in the LOI and spells out all the legal performance requirements for both you and the Seller. Each property is unique and requires that you have your attorney prepare and review to protect you. Vinney advises that you communicate early and often with the Seller during the Due Diligence period to avoid any surprises. He suggest that your compose a Repair Letter as soon as you know the condition and any additional capital expenses that you were not aware of prior to your offer. Similar communication regarding the financing should be made to keep the Seller in the loop. When you do this, the Seller is more likely to credit you additional funds to fix the problem, or accommodate the time needed to obtain financing to keep the sale on track to close. For more, go to: www.vinneychopra.com Text: SYNDICATION to 474747 Multifamily Investment Syndication Prior CREPN Radio Multifamily Syndication episodes with Vinney Chopra CREPN #145 - Why Multifamily Real Estate Investing with Vinney Chopra CREPN #149 - Why Multifamily Syndication is a Great Option for Real Estate Investors CREPN #153 - Building Your Multifamily Syndication Team with Vinney Chopra CREPN #157 - How to Attract Capital & Communicate with Investors with Vinney Chopra CREPN #161 - Multifamily Underwriting with Vinney Chopra
California Residential Purchase Agreement
 
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In this podcast, Suzan Vainberg Real Estate Broker (DRE: 01451293) with Arooly Inc. explains in great detail the regular CAR California Residential Purchase Agreement when purchasing a home, not intended for short sales, REO, commercial properties or land. Arooly Real Estate and his officers do not assumes any legal responsibility should you take any action based on this podcast. You are strongly recomended to use your own broker, real estate agent or lawyer and follow closely his advice. This podcast is informative and intended only and only for Arooly customers. If you are a customer of Arooly please consult with our brokers or agents regarding peculiarities of your transaction. Watching this video is not an agency relation in between Arooly and you. Arooly Inc is California Real Estate Broker DRE:01807608 all material not valid in any other state or country except California. This podcast is not intended to be legal advice. All material is believed to be accurate but is not guaranteed. http://arooly.com
Views: 29864 arooly
CMA Inter | CA Foundation | CS Foundation | Sale of Goods Act, 1930 | Part 4
 
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To Buy video Lectures in Pendrive, DVD, online, Android, Books, Test Series please visit our website https://sanyogvyaslawclasses.com/ Watch Specific Relief Act , 1963 -Part 1, Law Lectures by Sanyog Vyas exclusively for Law Students For more Law Lectures do subscribe our channel : https://www.youtube.com/channel/UC344tiP7qX4kQdZNdRrKKag
How to Make an Offer on Commercial Real Estate
 
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http://www.commercialpropertyadvisors.com/how-to-make-offers-on-commercial-real-estate/ Discover what no classroom would ever teach you on how to make an offer on commercial real estate. You'll learn the absolute essential things you need to make an intelligent offer, including the 4 phases you must go through BEFORE you finalize your offer. Most importantly, the lessons in this video will educate you on how to avoid overpaying as well as the dreaded negative cash-flow scenario that some commercial investors experience when they first purchase. Lastly, you'll get access to a file that step by step, shows you exactly how to make the best offer on any commercial property.
Property Documents, List of Items to Check Before Purchasing a Property or Land,property guide
 
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The video will explain about the list of Documents to check before purchasing a property or land in INDIA. watch and share the video and subscribe to our channel for more updates. for more info visit www.homeforconstruction.com
Views: 85372 Javid Hussain
sample contract mining agreement
 
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Views: 12 Denise Armstrong
OREA - Agreement of Purchase and Sale
 
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What terms & conditions to look out for when placing an offer in a sellers market.
Purchase Agreement and Assignment Contract when Wholesaling Real Estate with Equitable Interest
 
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(affiliate) - Find an unlimited amount of real estate deals NOW! http://ba7e32ngpdny2naxpis9s2fizt.hop.clickbank.net/?tid=YTPM In this video, I keep it short and sweet discussing the equitable interest that must be in your purchase agreements to protect you from vulture regulators. I also discuss the assignment agreement, and the clause that is a must to protect you from time-wasting cash buyers. Make sure you subscribe at http://www.youtube.com/channel/UCyJ_ypfBpizaPfCrmDuvH-g?sub_confirmation=1 Hit like, share, and leave a comment if you have a question. I look forward to making more videos and sharing the knowledge with others. Pay a visit to and share my websites: http://www.paidcashforhouses.com http://www.equitypaper.com You can help support this channel and make money on top of it by signing up FREE at: https://record.partners.easymarkets.com/_uRKz6g4Pwo1Mo3B6pUUGpWNd7ZgqdRLk/1/ Use the earnings calculator to see how much money you can make as a Forex Affiliate!
Views: 7602 Psychopath Marketing
The Importance Of The Business Purchase Agreement
 
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Business Purchase Agreements are the foundation for a successful business closing. In this interesting and informative video, Fredrick P. Niemann, Esq., a New Jersey Business Law Attorney, provides a contract checklist for buyers to consider before making an offer to purchase a business. Knowing and understanding the critical factors that go into a well written and enforceable contract is essential to ensure that there are no difficulties leading up to closing. This is a must watch video for anyone looking to buy a business who wants to know the important details that considerations that go into making an offer that not only will be accepted by the seller but will lead to a successful closing. https://www.buyingabusinessinnjlawyer.com/the-purchase-contract/
Views: 7 NJBusinessLaw
Purchase Contract 2015 (sample) - audio
 
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As a buyer, this is what you need to fill out with your agent for your particular offer. As a seller, this is what the offer you will receive looks like. Hope the preview helps for first-time home buyers and sellers. For more real estate info and property showings, please call / leave massage at 623-271-2528 to Hongyan Jones (Realtor® with Coldwell Banker Residential Brokerage in Arizona). Email:[email protected] There are more informative video: Purchase Contract 2015 (sample)-scroll https://www.youtube.com/watch?v=A68-LAQGV2U Buyer Advisory (sample) https://www.youtube.com/watch?v=QGypiXsKyZY Follow me on Twitter - https://twitter.com/HongyanJ Like my Facebook - https://www.facebook.com/Mrs-Hongyan-... Visit my website - https://hongyanjones.cbintouch.com
Views: 195 HONGYAN JONES
How To Fill Out An Assignment Agreement Wholesaling Real Estate
 
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BUY YOUR UNLIMITED CASH BUYERS LIST HERE: http://bit.ly/CashBuyersListNow ************ If You Want 1-on-1 Coaching? click here: http://bit.ly/CoachMe1on1 *************************** FREE..Rodney's Sales Contract & Secret Cash Buyer Yellow Letter that gets an amazing 12-15% response rate. Click Here To Get It: http://bit.ly/GetContractAndLetterCF How to talk to fill out an assignment agreement LIMITED TIME OFFER. I will send you 500 verifiable cash buyers for your city/county emailed to you for only $47! All buyers are active within the last 120 days. I will give you their names, address and phone number. Email me at... [email protected] to buy Wholesaling real estate is the process of finding a motivated house seller, putting that house under purchase agreement contract and then assigning that contract to an end buyer. Wholesaling real estate is a simple concept but takes work to make happen. Everything must go as planned. Fortunately, there are tactics out there that are proven to work when wholesaling real estate. Finding motivated sellers is one aspect of wholesaling real estate that you must get good at to keep a steady deal flow. Motivated sellers are homeowners who simply want to sell their distressed property and are willing to do a quick deal for cash at a discounted price to you. Sending yellow letters and postcards to absentee owners regularly is one way to find motivated sellers and keep your pipeline full of deals. Having cash buyers on hand is the other major key to be successful in wholesaling real estate. Cash buyers can be found by buying lists or contacting realtors for a list. Building a cash buyers list is helpful to sell your deals. Having active cash buyers on your list can also help you sell other real estate wholesalers deals as well. I began wholesaling real estate out of curiosity. I happened to stumble upon someone online talking about the concept of wholesaling and I found it to be very interesting. The fact that you could make so much money just by assigning a contract from a motivated seller to an end cash buyer made me take action. I drove for dollars looking for vacant houses that had motivated sellers as owners in hopes to one day wholesale the real estate to a cash buyer. I did not even have a cash buyers list at the time. I found a few vacant houses and wrote yellow letters to the sellers hoping they were motivated to sell their real estate to me at a discount. Eventually a motivated seller contacted me and we agreed on a price. I mailed the contract to the seller and he mailed it back signed. Now, in order for me to successfully wholesale this piece of real estate I had to find a cash buyer investor in my city to buy it. I advertised the property for sale on craigslist in the real estate for sale by owner section. Within a few days a cash buyer called me and wanted to look at the house. She went to the house and told me she wanted to buy it. We agreed on a price and settled after the title search came back. Take action and stay motivated! ***************************************************************************************Most newbie AND experienced wholesalers find this helpful in their business.Click here http://bit.ly/FastTrackPackageDesc
Views: 955 Rodney Samuels
Residential Purchase Agreement Page 1 of 8
 
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If you are wondering about the Residential Purchase Agreement in California to make real estate purchases please view our video. This video goes over page 1 of the Residential Purchase Agreement including offer price, escrow length, good faith deposit, financing, plus some handy tips. Stayed tuned for more videos as we work our way through the Residential Purchase Agreement.
Views: 57698 Jeffrey Douglass
NEW! Purchase and Sale Revisions, Release Date: May 1
 
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Tom Sheldon explains revisions to the Purchase and Sale Agreement, adopted by the BOD on 4.19.18. Release date is May 1, 2018. Sample P & S (rev. 4.19.18):https://www.easternctrealtors.com/wp-content/uploads/2018/04/SAMPLEPurchaseandSaleAgreement-postBOD40418.pdf Sample Remedy for Unsatisfactory Inspections:https://www.easternctrealtors.com/wp-content/uploads/2018/04/SAMPLERemedyForUnacceptableInspectionResultsRev041218.pdf Sample Change to the P & S Addendum: https://www.easternctrealtors.com/wp-content/uploads/2018/04/SAMPLE-Change-AddendumforPandSREv4.19.18.pdf
How to Fill out a Real Estate Contract for Wholesaling Houses | FlipMan.net
 
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How to Fill out a Real Estate Contract for Wholesaling Houses | Flipping Houses Text "Contract" to 313131 To get a FREE Copy of My Contract Go to http://FlipMan.net | Purchase and Sales Agreement Buyers Real Estate Conctract Sellers Real Estate Contract www.HowToFlipHousesTV.com http://youtu.be/nfVamo743_0 #wholesalinghouses #flippinghouses
What is a purchase agreement?
 
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What is a purchase agreement? | Sheryl Hunter | Hunter Business Law | We help your business | Request Consultation | 813-867-2640 | http://www.hunterbusinesslaw.com/ | [email protected] | 119 S Dakota Ave , Tampa, FL 33606 A purchase agreement typically refers to a contract to purchase something. In my context of representing small business owners it refers to the purchase agreement of a business. Someone has made an offer to buy a company and it's documented in a purchase agreement that sets forth the purchase price, the terms, is it being financed by the seller, when is the closing going to be, what are all the assets or the shares of stock that are being purchased. Generally it's all of the terms associated with the purchase. It could also be as simple as somebody is buying your photocopier for your company and it might be a one page purchase agreement.
Understanding the Purchase and Sale Agreement
 
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http://www.TipsandFormsforBuyers.com - Rhonda Duffy, Best Selling Author, provides education classes. Get your free presentation regarding understanding the purchase and sale agreement when buying a home
Views: 1083 Rhonda Duffy
CA Purchase Contract Page 1
 
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How to fill out the new CA Purchase Contract line by line.
Views: 3480 realtynetworknews
Purchase Contract 2015 (sample) - scroll
 
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As a buyer, this is what you need to fill out with your agent for your particular offer. As a seller, this is what the offer you will receive looks like. Hope the preview helps for first-time home buyers and sellers. For more real estate info and property showings, please call / leave massage at 623-271-2528 to Hongyan Jones (Realtor® from Coldwell Banker Residential Brokerage in Arizona). Email:[email protected] There are more informative video: Purchase Contract 2015 (sample)-audio https://www.youtube.com/watch?v=_wfH3OKwF5o Buyer Advisory (sample)https://www.youtube.com/watch?v=QGypiXsKyZY Follow me on Twitter - https://twitter.com/HongyanJ Like my Facebook - https://www.facebook.com/Mrs-Hongyan-... Visit my website - https://hongyanjones.cbintouch.com
Views: 98 HONGYAN JONES
10 Items to Include In Your Letter of Intent For Real Estate Investors - REIClub.com
 
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http://www.REIClub.com What are Letters of Intent and How Do You Write One? A Quick Video Explaining What To Include In A Letter of Intent... SUBSCRIBE TO OUR YOUTUBE CHANNEL http://www.youtube.com/subscription_center?add_user=reiclub SUBSCRIBE TO OUR FREE NEWSLETTER https://www.reiclub.com/real-estate-newsletter.php LET’S CONNECT http://www.facebook.com/reiclub http://twitter.com/reiclub https://plus.google.com/+reiclub http://www.pinterest.com/realestateclub/ Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got a quick video on Tips to building a detailed Letter of Intent Letters of Intent, in real estate, allow you to communicate the most important aspects of your offer. Investors use LOI's to save time. Rather than completing an entire purchase agreement, you can just fill in some blanks and see if you get a bite. You can send out a ton of LOI's much faster than purchase agreements. LOI's seem more "official" to less sophisticated sellers, especially when agents are not involved. Most agents I've spoken with don't really like them since it's not official. They can be handwritten or typed, it really depends on the formality of the situation you are in. (Example: FSBO Homeowner vs. Commercial Deal). LOIs are usually "non-legally binding" so a seller can actually prospect other buyers while in talks with you. This is why speed of implementation is VERY important. COMPONENTS 1) Your Personal Contact Info or Business Information at the top - Include From and To - names, phone, email. 2) Brief "Dear John" explaining your intent to buy - 2-3 sentences. 1 Paragraph tops. 3) Desired Purchase Price by Investor 4) Inspection Period / Due Diligence - 3-30 days, depends on condition of home, buying as-is? 5) Financing Period - All cash offer? Pre-Qualified? 6) Desired Cash Deposit/Earnest Money at execution of LOI and of Purchase Agreement - $10-$1000, or percent at closing 7) Purchase Agreement Deadline - Let them know you will draft this up based on the agreed terms and provide them with an exact date of when they need to sign by - usually 24-48 Hours. 8) Additional terms - Have seller fix the roof, replace the broken window, etc... If you're buying as is, not necessary. 9) Broker and Closing Costs - You don't want to hide any fees from the seller that might surprise them later. Are you having the seller cover the closing costs, or are you paying for all of it? Smart investors usually get the seller to cover the closing costs, especially if it's an all cash offer. 10) Investor and Seller Signatures at bottom with Dates (Print Option) Additional Tips: - Be very clear with who you are addressing in your LOI - Be very specific with your purchasing terms - Make sure your seller is comfortable as your are going through the terms - Remember, the information you include in the LOI, will more than likely be the same information you put into the purchase agreement. Any mistakes that need to be corrected may delay the process, costing you precious time. If the terms of your Letter of Intent (LOI) get accepted, do not waste anytime preparing the formal purchase agreement. In many cases you will use LOI for FSBO type properties to fend off other investors praying on your territory. Many homeowners will take an LOI very seriously, even though it is not legally binding, but that's no reason to move slowly because all it takes is a sly Investor to come in after you "INFORM" the seller that it's better for them to work with someone else that "Really Cares". Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing. https://www.youtube.com/watch?v=ve0UayJKHac "REIClubRealEstateInvesting"
Views: 9551 reiclub
Memorandum of Agreement, Explained (Real Estate Investing)
 
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http://FreeREIforms.com | Walkthrough of memorandum of agreement real estate investors can use in a number of transactions including short sales, foreclosure flips, regular flips and many others. Download a FREE copy of this from http://FreeREIforms.com
Views: 12456 REI Tips
Procurement Training, Purchasing Training, Supply Chain Management Training - Click to Watch Now!
 
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http://www.CenterForPSCMExcellence.org - You will get FREE world-class procurement training, purchasing training and supply chain management training in this video. Omid has 18 years experience with Intel Corp, where he rose to the position of leading their entire global corporate purchasing operations organization. His experience and strength in negotiations earned him the corporate designation of "Godfather of Negotiation Planning" for the entire $2.2B global purchasing organization, thus also nicknamed, The 2 Billion Dollar Man. He has broad and rich experience in complex, high dollar value, and high stakes negotiations, total cost analysis, supply chain management, purchasing contract law, purchasing operations, purchasing policies and procedures, complex sourcing strategies, controls and risk management, selection and deployment of purchasing systems/tools, purchasing integration of mergers and acquisitions, international purchasing strategies, negotiating with different cultures, supplier performance management, procurement training, and purchasing strategy mapping and execution. YOU WILL LEARN: 1. Taking costs out of supply chain  Why asking suppliers to reduce price is an antiquated strategy  Why focusing on supplier profit reduction only attacks a very small part of TCO  How to make your suppliers excited about reducing TCO instead fighting against you  How to change your RFX (RFP, RFQ) strategy and approach forever to get far more innovative and deep cost savings responses from suppliers 2. Writing contracts to prevent & remedy TCO excursions  Why relying on the legal department to "own" the contract terms is the biggest disservice to your results and to your career  How empowering yourself with contract knowledge can liberate you from being dependent on the legal department  Why relying on the standard contract template terms can get you in lots of hot water and how to stay out of it  How to shift the focus from the contract being a safety net for when things go wrong to having it be a strategic tool to make sure things go right 3. Cost Modeling & Benchmarking for success  What the different sorts of cost models are (Should Cost, Must Cost, Total Cost)  When to use each type of cost model and when to use benchmarking  Why using the wrong type of tool will get you poor results and result in lots of wasted time 4. Using concessions to achieve Win-Win Why the traditional notion of Win-Win is completely wrong and needs to be thrown out the window  What the Art and Science of negotiations really is: Meeting ALL of your high value/high TCO objectives while knowing how to make the supplier feel good about the deal  Why listening is the most important negotiation skill and how to use it to achieve Win-Win  How to use a concessions worksheet model to ensure that you know exactly what the supplier wants, and how to deliver them some "wins" that are high value but have minimal impact to your TCO Omid goes even deeper into each of these topics in training through his website, seminars, webinars and courses. We invite you to join our community and experience a paradigm shift in purchasing that will make your career and life much less stressful and much more enjoyable. Work with Omid to rearchitect how you do procurement to CATAPULT your purchasing results, career and income potential, GUARANTEED! World class procurement training and supply chain management training can be found at: http://www.CenterForPSCMExcellence.org
Views: 409608 PurchasingAdvantage
Tenant Lease Agreement - Filling Out Tenant Lease Agreements - REIClub.com
 
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http://www.REIClub.com Tenant Lease Agreements Are Critical For Real Estate Investors. Here's How-To Fill Out A Tenant Lease Agreement... SUBSCRIBE TO OUR YOUTUBE CHANNEL http://www.youtube.com/subscription_center?add_user=reiclub SUBSCRIBE TO OUR FREE NEWSLETTER https://www.reiclub.com/real-estate-newsletter.php LET’S CONNECT http://www.facebook.com/reiclub http://twitter.com/reiclub https://plus.google.com/+reiclub http://www.pinterest.com/realestateclub/ Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on tenant lease agreements. Tenant Lease Agreement (Review Sample Lease Agreement Page-by-Page) - Lease Agreements Vary by state - Texas sample - Lease Agreement are Pretty straightforward - Focus Areas - Parties and Property Info - Name, Address, Etc.. - Term of Contract** - be sure the tenant is aware of when the contract ends - Rent - Monthly amount, pro-rated, payment location (p.o. Box) - Payment Method - cashiers check, money order or Auto Draft - NO personal checks (avoids returned checks - Late Fees** - Exact date and time payment is due, review penalties and amounts - Pet Clause - Usually pets are not allowed unless approved by landlord, addendum needed - Non-Refundable Pet Security Deposit - $300-500 - mention carpet cleaning or replacement costs - Property Security deposit - Briefly discuss what it is for, 1st months rent, PLUS 1st months rent ***Reviewing Contracts Tip - You don't need to go through every single bullet. You are simply highlighting the major points, with the verbal follow-up "be sure to review these sections, on your own time.." - Utilities - For residential tenant usually pays utilities, must be on - regardless if they can afford it. - Occupancy** - Emphasize who is ALLOWED and NOT allowed on the premises, prohibitions - running a business out of the house, car repair (oil), etc... - Access By Landlord - brief explanation - Move-In Conditions - hand tenant walk-through - "Inventory and Condition Form" - identifies any damages to the property prior to move-in - Move-Out Conditions - Normal Wear and Tear - Property Maintenance - Highlight most important (show contract example) - Yard Maintenance** - city fine scare tactic - Prohibitions - alterations to the home are prohibited without approval - Repairs - All and any must be approved by landlord - Repair costs - tenant covers first $50-100 - Service fees are usually $80 just to come out. - Repairs Landlord will cover** - Repairs Tenant will cover** - Special Provisions - Include your verbal agreements for special circumstances - Early Termination - Military Immunity, Subletting not permitted without approval - Addendums - Create an Addendum Index for special rules and regulations, attach to the contract - Information - E. Emergency Contact - F. Tenant Insurance - For possessions - landlord not responsible - Signatures - Contract Copies * I usually sign and initial the contracts alongside the tenant * BUT, I have all the essentials already filled out to speed things along. * Remember, have the tenant initial each page as you go over it. * Review the contract before meeting your tenant, so you are familiar with all the clauses and are prepared to answer questions. Filling out lease agreements may seem daunting at first, because of all the pages and legal terminology, but if you really read through it, its not that hard at all. Its important that you review it multiple times, and become familiar with all the lease agreement clauses, so you sound like a professional when speaking with your tenants. This is important, because there are people out there who are "professional tenants", they know the law better than most landlords, and can play you for a fool. So be smart, be diligent, and you should be well protected. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing. http://www.youtube.com/watch?v=jS_LxhG_dkY "REIClubRealEstateInvesting"
Views: 64361 reiclub
How To Fill Out Assignment Contracts to Wholesale Houses Step by Step
 
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http://FlipMan.net - How To Fill Out Assignment Contracts to Wholesale Houses Step by Step I hope things are going well, I wanted to share with you my latest video on How To Fill Out An Assignment of Contract? Some title companies and closing attorney's require this document on every transaction and some don't but you will need to know how to fill out this agreement when needed. Please take advantage of this information at the link below. 1) Study “Why Most Beginners Will NEVER Make Money in Real Estate Investing” Video I got the idea to put this resource together because I was teaching the exact same base of knowledge to all of our students when they first joined our program . . . and I started seeing patterns . . . patterns of where people were having trouble, what was holding them back, and what they needed to be successful. Even if you’ve been investing for awhile, this video is well worth the hour you need to set aside to watch it. Get access to the video Now! 2) Make Your Plan Watching the video above will help you make your plans. You need to put together your educational plan, your marketing plan, and your real estate investing plan. Make sure that you include a deadline for every goal that you include in your plan. Deadlines get things done! The 3 most important goals for wholesaling success are . . . when does your marketing plan kick off, when will you contract your first deal, and when will you close your first deal. Once you have these written down, break each down into actionable steps . . . that’s what it means to “make your plan.” 3) Build Your Buyer’s List You want to have a wholesale buyer(s) who is ready, willing, and able to close as soon as you have a great deal contracted. And, it’s a lot easier than you may think. There are tons of investors out there in every market that are constantly on the lookout for deals. Here’s an article that will help you out, How to Build Your Wholesale Buyer’s List. Every time you speak with a potential wholesale buyer, you want to gather as much information as you can about what type of properties they are interested in, what price range, area, etc. Use our free form for building your wholesale buyer’s list to do so. Remember, it’s not all about the size of your list . . . it’s about the quality of it. A few active serious real estate investors could be all that you need to sell your contracts fast for cash. But, it doesn’t hurt to continue to grow your list. The bigger and more responsive your list, the more money you’ll be able to fetch per deal. 4) Implement Marketing Plan The overriding question in your mind at this stage should be, “How can get my phone ringing off the hook with seller leads?” That’s how to get on the fast track to wholesaling success! A marketing plan consists of several leads generators that you consistently have in place and track the results of each. Marketing is all about testing! My first marketing plan included a “We Buy Houses” ad, bandit signs, and knocking on doors of people in foreclosure. As leads came in, we did more of what worked, and less of what didn’t, and continually tried new strategies to get the phone ringing off the hook. Wanna know how to maximize the return on your marketing efforts? (it’s simple really . . . something I learned from my mentor when I first got started) And how about a way to get free seller leads? Download the free professional “We Buy Houses” Craigslist ad Now! 5) Qualify Seller Leads The same lead could come in to 2 different real estate investors . . . one of them dismisses the lead and the other asks good questions, qualifies the lead effectively, and makes several thousand dollars wholesaling it. Learn how to effectively qualify a seller lead. And keep in mind, it’s not about you and your house buying services . . . it’s about asking good questions and crafting a deal that makes sense for everyone involved. 6) Negotiate Deal One of the most costly mistakes you can make is thinking for other people. Typically with investors, more money is lost here than any other part of the deal. Make your offers based on your own criteria . . . not what you think other people will accept. Defining the expectations of sellers is an important process that will save you tons of time and money. You want sellers to know that you’re in business to make a profit, you work with a professional company, you’re not the decision maker, you can close quickly with cash, amongst other things. Check this advanced negotiating angle my partner Dusty uses . . . the higher authority angle with a twist. (there’s a great script you can use immediately too) https://youtu.be/Yj6Buiijlaw #wholesalinghouses #flippinghouses
RANM COMMERCIAL PURCHASE AGREEMENT
 
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RANM Legal Counsel, Ashley Strauss-Martin discusses changes in the Commercial Purchase Agreement.
Views: 197 NMRealtorsAssn
Share Purchase Agreement
 
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Share Purchase Agreement – The share purchase agreement or stock purchase agreement (SPA) is an agreement in which terms and conditions are finalized relating to the purchase and sale of shares of a Company. You can easily submit your spa request online by Enterslice. https://enterslice.com/share-purchase-agreement
Views: 14 Enterslice Noida
Making An Offer & Negotiating Terms - Home Buyer's Guide Ep.4
 
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http://MetroAtlantaHome.com - Important information on the initial offer process and negotiating terms of the sale. Working closely with your agent to evaluate all aspects of the offer to purchase a home is key. Your agent should determine the value of a home based on comparable properties, allowing for an understanding of the market in that area. Your offer may be met with a counter offer from the Seller and negotiations on all aspects of the sale may follow. Once ALL parties agree to ALL terms in writing, a contract is formed and contingency periods begin. This video brought to you by: Better Homes and Gardens Real Estate Metro Brokers KYLE EAVES, REALTOR® ePro I Green I SFR I SRES 4073 Lavista Rd, Suite 373 Atlanta, GA. 30084 404.843.2500 (Office) 404.513.5987 (Cell) [email protected] Video Transcript: When it is time to make an offer, you should work closely with your real estate agent to determine an initial offer that is reasonable based on comparables in the area. Some buyers think they should simply offer a certain percentage below list price. Maybe they have done some research and found that homes are selling for 80% of their list price. Taking this approach could cost you because you are assuming the listing agent accurately priced the home a certain percentage above market value in the first place. You could be making an offer much higher than you should simply because the home was priced way too high to begin with. On the other hand, if the agent has the home priced fairly and at market value, your offer may be way too low and could offend the seller. In the meantime, a more reasonable offer could be accepted and you lose a chance at your perfect home. So how do you know what to offer? Have your real estate agent conduct a comparable market analysis to determine what the home should sell for. You can then use this information to make an offer. How much lower you offer usually depends on how badly you want the home and whether or not other buyers have their eyes on the home as well. When it comes time to write the offer, your agent will prepare all the necessary forms for you to sign. I suggest using an agent with access to the latest Georgia Association of REALTORs (GAR) forms. The Georgia Association of REALTORs has created forms that address nearly every situation that may arise in the real estate transaction. I have another video that addresses this topic specifically called, Why use a Realtor in 2012, check it out if you get a chance. Anyways, the primary forms you will be using for your offer include a agency agreement, if you haven't signed one already, the purchase and sale agreement, property disclosures, and financing contingencies to name a few. Ask your agent for sample copies of these forms in advance so you can get familiar with some of the standard verbiage. This way you can focus more on the specific terms of your offer when the time comes to make one. When making or negotiating an offer, you should consider all the terms of the agreement as a whole instead of focusing solely on the sale price. Incentives like closing costs, home warranties, surveys, termite letters, appliances, and upgrades paid for by the seller can add value to your side of the deal. Also, things such as the closing date, seller financing, and contingency periods can be negotiated to save you time and money. Typically, both sides will have to compromise on some things, but ultimately, both sides get what they want; a seller sells their house and a buyer buys a home. Remember, after a contract is agreed on, there could still be some negotiating going on down the road. Buyers typically have a due diligence period where they have the option to get the home inspected. If issues come up during the inspection, an additional round of negotiations may ensue. Another thing to keep in mind, if you the buyer are plan on getting a loan, the home must at least appraise for the contract price or more. If it doesn't, you will need to come out of pocket for the difference or have the seller lower their sale price for the sale to happen.
Real estate warranty clauses: Colleen DePodesta, Re/Max Burlington South
 
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Moving to Burlington Ontario? Real estate Warranty Clauses. Colleen DePodesta: Video Credit 🎥 Burlington Waterfront Life. Come to play. Decide to stay. Burlington's kinda like that. http://www.colleenscard.ca [Legal Update] Alanna Stephen, Escarpment Law speaks a bit about a warranty clause which can be inserted into the body of an agreement of purchase and sale. Depending on whether you are the buyer or the seller in the transaction, you need to customize that clause. This clause can cover everything from the structure to the roof to the plumbing to the electrical, basically all systems, fixtures and chattels may apply depending on how it is written. In this video Alanna is suggesting that as a seller you need to limit the items and insert a specific time frame that applies to the warranty. It was suggested perhaps two to three weeks after closing. Something reasonable to both parties, the home buyer and the home seller. Attached is a link to a sample Agreement of Purchase and Sale, in plain english: http://bit.ly/292IEyR Colleen DePodesta, Sales Representative Re/Max Escarpment Realty Inc. Brokerage Burlington South
Views: 49 Colleen DePodesta
TREC 1 to 4 residential contract - one paragraph at a time [NEW]
 
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TREC 1-4 Residential Resale Contract (20-13) explained one paragraph at a time, line by line. This is the best and most comprehensive Texas real estate contract tutorial you can find. See time stamps below to jump directly to any section of the contract. Please comment, like, share, or contact us at http://www.chandlercrouch.com We also have a tutorial for the Texas Real Estate Commission 3rd Party Financing Addendum explained one line at a time: https://youtu.be/y3PSLq-VUFE See below for time stamp of each paragraph: What is covered in this video 0:08 When to use and when not to use 1:15 Why its important to learn 3:04 Mindset 4:40 How to use the contract 7:05 Why Words Matter 9:21 Addendum vs Amendment 10:15 General information about the contracts 11:31 Overview 14:09 Contract Changes: 15:28 1. Parties 18:41 2. Property 23:58 3. Sales Price 28:00 4. License Holder Disclosure 33:08 5. Earnest Money 34:05 6. Title Policy and Survey 38:28 6. C. Survey 45:35 6. D. Objections 51:00 6. E. Title Notices 54:17 7. Property Condition 1:01:25 7. B. Seller's Disclosure Notice 1:03:32 7. H. Residential Services Contracts 1:12:27 8. Brokers' Fees 1:15:00 9. Closing 1:15:29 10. Possession 1:17:24 11. Special Provisions 1:21:10 12. Settlement and other Expenses 1:23:48 13. Prorations 1:30:33 14. Casualty Loss 1:32:20 15. Default 1:32:44 16. Mediation 1:34:35 17. Attorney's Fees 1:35:25 18. Escrow 1:35:36 19. Representations 1:40:37 20. Federal Tax Requirements 1:41:13 21. Notices 1:41:29 22. Agreement of Parties 1:44:32 23. Termination Option 1:45:33 23. Changes to Paragraph 23 1:59:36 24. Consult an Attorney Before Signing 2:00:57 Executed Box / Effective date 2:03:34 Signature lines 2:06:24 Page 9 2:07:45 Option Fee Receipt 2:11:10 Contract and Earnest Money Receipt 2:11:28 For questions, contact http://www.chandlercrouch.com To get a copy of this contract, go here: http://www.trec.state.tx.us/pdf/contracts/20-12.pdf Please consult an attorney before using this contract. This video is not meant to be legal advice. Tags: Texas real estate commission sales contract
Using a Letter of Intent for Making Offers on Commercial Real Estate
 
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FREE Letter of Intent: http://www.commercialpropertyadvisors.com/using-a-letter-of-intent-when-making-offers-on-commercial-real-estate/ Discover why successful commercial real estate investors use a letter of intent when first making an offer on commercial real estate and how you can too! In this quick training, you’re going to learn what an LOI (letter of intent) is, the 3 main purpose of an LOI, the 3 biggest advantages of an LOI and best of all, at the end, you can download your very own copy of the Letter of Intent Peter Harris uses on his own deals! Here’s the video training on how to use a letter of intent to make offers on commercial real estate.
How does Declaration of Trust Before Purchase work
 
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Build legal documents on a law firm's website. Only a law firm provides: legal advice, we help you answer the questions, a letter on our law firm's letterhead with the document, legal professional privilege, law firms PI insurance, a sample of the document with explanatory notes and a 100% money back guarantee on every document you build. Top 20 documents built by accountants and financial advisers last financial year 1. Self-Managed Super Fund Deed – fully permissive - $150 2. Family Discretionary Trust – protects and hides your assets - $295 3. Family Trust – Appointor, Trustee & Deed Update – make all changes at once - $495 4. Family Trust – Appointor Update - even if Appointors dead – no resettlement -$330 5. Company Registration – every ASIC application checked by our lawyers -$649 6. Employment Contract – never needs updating, compliant with all Awards -$75 7. Independent Contractor Agreement – avoids PSI -$220 8. Partnership Agreement – allows for ‘Bag man’ distributions -$210 9. 3-G Testamentary Trusts – Super Trusts to wash out 32% non-dependency tax -$660 10. Contractual Will Agreement – stop 2nd wives stealing money -$220 11. Remove Public Trustee as Executors - Codicil to change Executor in your Will -$77 12. Enduring and Medical Power of Attorney – keep control of your clients -$88 13. SMSF Trustee, Member & Deed Update – even when Trustee is dead -$305 14. Loan Agreement – parent to child, ATO & Family Court compliant -$99 15. Unit Trust – with pre-emptive rights, also fixed for NSW from -$330 16. Unitholders’ Agreement – protect yourself from litigation -$440 17. Bare Trusts – ‘Death bed declaration’, ‘Secretly buy’ or ‘Hide assets you own’ from -$349 18. Deed of Debt Forgiveness – including unpaid present entitlements in Family Trusts -$110 19. Division 7A Loan Deed – revolving; never needs updating -$44 20. Demand Letter on our law firm’s letterhead & Writ from -$55
What Should Be Included In Sales Agreement For Buying A Business; Part 1
 
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http://www.StartupOwner.com What Should Be Included in Sales Agreement for Buying a Business; Part 1 The sales agreement is the key document in buying the business assets or stock of a corporation. You need to review the document in minute detail to make sure it outlines the terms you have agreed to. It is in this agreement that you should define everything that you intend to purchase of the business and its assets, customer lists, intellectual property and goodwill. If you don't have a lawyer to help you draft the terms of the sale, you should at least have one review the agreement before you sign it. http://youtu.be/tOM5d7XG8M0 For More information on How to start your own business, visit www.StartupOwner.com You will be able to access more Free Tips and Learn how to become a successful Business Owner Today
Views: 111 StartupOwner

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