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2. Intention to create legal relations - Wikipedia

   en.wikipedia.org/wiki/Intention_to_create_legal...

   Business transactions incur a strong presumption of a valid contract: these agreements where the parties deal as though they were strangers, are presumed to be binding. However, "honour clauses" in " gentlemen's agreements " will be recognised as negating intention to create legal relations, as in Jones v Vernons Pools [ 15 ] (where the clause ...

3. 4 Times a Real Estate Partnership May Make Sense - AOL

   www.aol.com/4-times-real-estate-partnership...

   A real estate limited partnership (RELP) is one of the most popular partnerships used for real estate transactions. In a RELP, tax implications can vary based on your role as the partner.

4. Extraordinary assumptions and hypothetical conditions

   en.wikipedia.org/wiki/Extraordinary_assumptions...

   A legal presumption which may be regarded as an assignment condition might include the legal presumption that in the after condition of a partial taking of real estate, the proposed public improvement is to be constructed expeditiously immediately after the date of taking and not delayed for years or decades as is often the ultimate practical ...

5. Common real estate contingencies and what they mean - AOL

   www.aol.com/finance/common-real-estate...

   A contingency clause in a real estate purchase agreement specifies an action or requirement that must be met, within a particular time frame, for the contract to become legally binding. Both the ...

6. Good faith (law) - Wikipedia

   en.wikipedia.org/wiki/Good_faith_(law)

   In contract law, the implied covenant of good faith and fair dealing is a general presumption that the parties to a contract will deal with each other honestly, fairly, and in good faith, so as to not destroy the right of the other party or parties to receive the benefits of the contract. It is implied in a number of contract types in order to ...

7. Can a seller back out of a real estate contract? - AOL

   www.aol.com/finance/seller-back-real-estate...

   The language of real estate contracts is typically written to protect buyers. And in many cases, a home seller who reneges on a purchase contract can be sued for breach of contract. A judge could ...