There is a new seller disclosure document — do you know how to use it? 0:00 – Introduction. 1:18 – No assumption of agency for presenting the disclosure document. 2:49…
0:00 – Introduction 0:41 – Section 25. Jason reads section 25 in its entirety. If the other party doesn’t accept the offer, the offer shall lapse, and the earnest money…
We hear it all the time, “What’s the response deadline?” Well, there isn’t one, because no such thing exists. It’s an acceptance deadline, you chump!0:00 – Introduction0:58 – Acceptance is…
Yes, we can sign for real estate purchases with electronic signatures, but how does that really work? 0:00 – Introduction 1:05 – Counterparts. You can sign digitally, but you can…
It’s 5:00 somewhere, but what does that mean? The Utah State Real Estate Purchase Contract (REPC) spells it out in section 21: Time is of the Essence. 0:00 – Introduction…
Insurance protects you from loss. But what does the Utah Real Estate Purchase Contract (REPC) say about insurance and risk of loss during the purchase period? Spoiler: It says the…
What does “And/Or Assigns” actually do? 0:00 – Introduction. 1:03 – Assignable. To assign a contract is to sell the sale of the contract, NOT the actual property. This is…
What isn’t written down could kill your deal. Make SURE you get it in writing! 🖋 0:00 – Introduction 1:29 – Section 18 of the REPC is Notices. They must…
Who pays for the attorneys when you go to court? Well, that depends on who wins.0:00 – Introduction0:55 – Losers Pay. REPC 17 is about attorney fees. Spoiler: loser pays…
Breaking contracts is a bad idea…and it’s gonna hurt if you do. 0:00 – Introduction. Section 16 of the Utah Real Estate Purchase Contract (REPC) is about breaking the contract…