Paid In Full Letter From Mohela
Description
How to fill out Letter For Account Paid In Full?
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FAQ
Don't worry ? you can still sell your house as is in Kentucky. By working with a real estate agent who specializes in this type of sale, you can get your home off the market quickly and without any hassles.
Any contract for the sale of real property or any interest therein, when acknowledged or proven as deeds are required to be, may be recorded in the county in which the property is situated, in the same offices and books in which deeds are recorded, and the record of any such contract recorded shall, from the time of ...
The Kentucky Supreme Court has ruled that a default on a land contract must be treated like a default on a mortgage debt. In other words, the owner must file a foreclosure action and the property will be sold at a judicial auction. This is a time-consuming and costly process.
THE DESCRIBED PROPERTY IS SOLD "AS-IS" WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO THE CONDITION OF SUCH PROPERTY . BY ACCEPTING THIS BILL OF SALE, BUYER(S) REPRESENT THAT BUYER(S) HAVE PERSONALLY INSPECTED THE DESCRIBED PROPERTY AND ACCEPTS THE PROPERTY "AS-IS".
"As is" language in a realty sales contract does not shield a seller or his agent from liability for affirmative or, as in this case, negative fraud. "Generally speaking, such a provision means that the buyer takes the property in the condition visible to or observable by him. [Citation.]
Offers to Purchase & Counteroffers in Kentucky In Kentucky, it is required that an offer and/or counteroffer by prepared at the direction of a licensed agent. Offers and counteroffers must include: The purchase price and the amount of deposit, as well as who will be entrusted with the deposit.
Lesson Summary Listing contract: an agreement between a property owner and a real estate broker. Offer to purchase: a contract between a buyer and seller that outlines the sale of a property. Purchase contract: an agreement that binds two parties to the terms and conditions of a real estate transfer.
What is An As-Is Clause? An 'As-Is' clause is a type of contact clause used in a real estate agreement. It's effectively a disclaimer that tells the buyer they are purchasing a real estate property under their own judgment, and not based on the representation or statement of the seller.
