Tip of the Week – 2021

What are some provisions to be aware of regarding Association documents in the Condo contract?

Today, Dawn addresses the provisions regarding Association documents in the Condo contract that are different than those covering Association documents in the One-to-Four contract.

Why is the use of “love letters” a problem?

Today, Dawn discusses the use of “love letters” and why they can cause issues in the transaction.

Suggestions for two practices we are seeing in this multiple offer market

Today, Dawn highlights issues we’ve seen in this multiple offer market with quick closings and the need to extend closing, and suggests how to handle both.

Ramifications of waiving the Financing Contingencies under the Contract

Today, Dawn provides clarity on the risks and unintended consequences of waiving the financing contingencies under the contract.

Contract Reminders in a Low Inventory Market/Multiple Offer Market

Today, Dawn discusses certain practices that are used in this low inventory/multiple offer market that should be fully understood before used.

How do you prove Seller has removed all access to any smart devices conveyed to Buyer?

Today, Dawn tells how a Buyer can assure that Seller no longer has access or control of any smart devices conveyed with the Property.

Happy Mother’s Day from Dawn Moore and Blair Moore Raggio

Dawn and Blair want to wish all mothers a Happy Mother’s Day! We love our mother-daughter team.

What are the issues with the new procedure for payment of option fee?

Today, Dawn exposes some recurring issues with payment and deposit of the option fee and what to do when it is paid to the wrong party.

What does the new contract require for receipt of option fee and earnest money?

Today, Dawn discusses the contractual obligation to credit the earnest money and option fee in a particular order and it controls over an incorrectly signed receipt by escrow agent.

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