A person licensed to arrange the buying and selling of real estate for a fee. A real estate broker acts as an intermediary between the parties selling and buying the real estate. Real estate brokers can also be called real estate salespersons, and the people who assist them (who are generally not required to be licensed) are generally called real estate agents.
South Carolina Contract of Sale of Commercial Property with No Broker Involved A South Carolina Contract of Sale of Commercial Property with No Broker Involved is a legally binding document that outlines the terms and conditions of a transaction between a buyer and seller regarding the sale of commercial property in South Carolina. This type of agreement is used when there is no involvement from a real estate broker or agent. Keywords: South Carolina, contract, sale, commercial property, no broker involved. There are various types of South Carolina Contracts of Sale of Commercial Property with No Broker Involved, including: 1. Standard South Carolina Contract of Sale of Commercial Property with No Broker Involved: This type of contract follows the standard format and includes all essential provisions and clauses required for the sale of commercial property without broker representation. 2. South Carolina Contract of Sale of Commercial Property with Seller Financing: This contract includes additional provisions related to seller financing, which means that the seller provides financing to the buyer instead of the buyer obtaining a loan from a traditional financial institution. 4. South Carolina Contract of Sale of Commercial Property with Leaseback Option: This type of contract allows the seller to lease the property back from the buyer for a specified period after the sale, providing flexibility for both parties involved. 5. South Carolina Contract of Sale of Commercial Property with Contingencies: This contract includes contingency clauses that allow the buyer to back out of the transaction under specific conditions, such as not obtaining necessary permits or inspections. 6. South Carolina Contract of Sale of Commercial Property with Due Diligence Period: This type of contract includes a due diligence period during which the buyer can investigate the property thoroughly, including reviewing financial records, conducting inspections, and assessing market feasibility. 7. South Carolina Contract of Sale of Commercial Property with Earnest Money Deposit: This contract requires the buyer to submit an earnest money deposit as proof of his/her serious intention to purchase the property. If the buyer fails to fulfill the terms of the agreement, the seller may be entitled to keep the earnest money as compensation. By utilizing these various types of South Carolina Contracts of Sale of Commercial Property with No Broker Involved, buyers and sellers can tailor their agreements to meet their specific needs, circumstances, and preferences. It is essential for all parties involved to carefully review and understand the terms and conditions outlined in the contract before signing to ensure a smooth and successful transaction.
