Contingency Fee In Real Estate In Hillsborough
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Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.
70 per $100 of consideration or part on deeds or other instrument conveying an interest in real estate. A 70 cent stamp must be affixed to deeds that have a consideration of $100 or less.
Recorder Offices Clerk of the Circuit Court. 419 Pierce St, Rm 140 / PO Box 3249, Tampa, Florida 33602 / 33601-3249. Brandon Office - Regional Service Center. 311 Pauls Dr, Brandon, Florida 33511. South Shore Office - Regional Service Center. 410 30th St SE, Ruskin, Florida 33570. Plant City Office.
Mobility/Impact Fees are assessed prior to issuance of a building permit, or equivalent. The assessment will remain valid for the life of the permit. If you allow your permit to expire, Mobility/Impact will be reassessed at the current rates and updated when the permit is reissued.
The most common contingency is the home inspection contingency. This condition on an offer states the home sale will only be finalized if the property passes a professional home inspection. In other words, buyers can walk away from a home sale if the home inspection turns up serious problems.
Florida state law and the Federal Trade Commission allow buyers within state jurisdiction to back off from transactions in specific situations. Also referred to as the “cooling off rule,” this buyer's remorse law permits a consumer to cancel a transaction after regretting the decision.
A contingency clause in a real estate transaction may require the buyer to obtain financing before the seller transfers the deed. If the buyer cannot bring together sufficient funds to complete the sale, then both parties may have the right to walk away from the deal.
