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What is a Use and Occupancy Agreement (U&O)

Maximum Exposure Real Estate

The post What is a Use and Occupancy Agreement (U&O) appeared first on Maximum Real Estate Exposure. Complications are especially common when the buyer is getting financing for the house, as the loan process brings in a whole additional organization, the lender, that must be accommodated and must […].

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Staying After Selling: What to Know About Use and Occupancy Agreements

HomeLight

Enter the use and occupancy agreement. Often referred to as the “U&O,” this is a fairly common agreement between a buyer and seller, where one of them is permitted to occupy the property for a specified period of time. What are your options, other than letting a serious buyer slip away? Terms of a U&O.

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Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

Real estate commissions are under the microscope. With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. Unlike Anywhere , NAR is against the trial postponement.

MLS 316
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7 Crucial Things to Include in the Residential Lease When Renting Out a Property

Realty Biz

Make it Easy by Using a Template Residential Lease Agreement. Instead, create a lease agreement in minutes by using a custom template from FormPros, which is both inexpensive, secure, and legally binding. What to Include in Your Tenant Lease Agreement. Occupancy Limits and Restrictions. Rent Stipulations.

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So You Want To Purchase A Power Of Sale, Do You?

Toronto Realty Blog

” I used to get these calls a lot and they always amused me. People used to call me and say, “Hello, I’d like to buy distressed properties at auction.” Let’s typecast for a moment. Then, with a coat of paint and a new mailbox, they can be “flipped” for BIG BUCKS!

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6 Ways to Negotiate a Drama-free Occupancy Date

HomeLight

Clearly, there’s been some confusion around the occupancy date. In a home sale, the occupancy date is when a buyer has the legal right to move into their newly purchased home. While both occupancy and closing could happen on the same day, the two don’t always coincide. Negotiate a buyer occupancy date that works for you.

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How Are Pre-Construction Sales This Fall?

Toronto Realty Blog

TorontoRealtyBlog I figured that I would start today with an analogy , as I often do, but I can’t decide on which one to use. The pricing, the floor plans, the b t claims like occupancy dates and maintenance fees – the whole package was, well, exactly what I have come to expect from pre-construction. Just … wow.