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A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
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.
In theoretical physics, negative mass is a hypothetical type of exotic matter whose mass is of opposite sign to the mass of normal matter, e.g. −1 kg. [1] [2] Such matter would violate one or more energy conditions and exhibit strange properties such as the oppositely oriented acceleration for an applied force orientation.
Uniqueness of the Property: The subject of the contract, especially in real estate transactions, must be unique to such an extent that monetary damages would not be a sufficient remedy. Irreparable Harm: The aggrieved party would suffer irreparable harm if specific performance were not granted, such as in cases where real property’s unique ...
This will make it easier for buyers to get out of their contract during the home-inspection period, Realtors say. After decades, Hilton Head is ditching its own real estate sales contract. Here ...