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1 year ago

If any dispute between the parties arises regarding the deposited escrow money, the sponsoring broker should?

Business

1 answer:

Ksivusya [100]1 year ago

6 0

The sponsoring broker should not release the money without a written release from both parties.

If there is any dispute between the parties arises regarding the deposit of Escrow money, the sponsoring broker should not release the money without a written release from both parties or both parties' assigned agents.

In the event a dispute arises over whether or not the earnest cash should be again (for instance, if the seller argues that the purchaser did not notify the seller in a well-timed manner of the cause to return out of the settlement), the escrow holder will hold to keep the earnest money till the dispute is resolved.

The two important factors for a legitimate sale escrow are a binding agreement/agreement between buyer and seller and the conditional shipping to an impartial third party of something of fee, as described, which generally consists of written gadgets of conveyance (provide deed) or encumbrance.

Learn more about Escrow here brainly.com/question/13165021

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If sales volume increases and all other factors remain constant, then the Margin of safety will increase

Explanation:

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3 years ago

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normative control

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3 years ago

Receive 1 million in cash gift do i have to file taxes

Ierofanga [76]

Answer:

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2 years ago

Max owns a townhouse in Sacramento. He is in the process of leasing it to Hannah. The contractual lease states Hannah Scott will

Digiron [165]

The minimum requirement for a California lease that is missing in the contractual lease between Max and Hannah Scott is the<u> absence of a sufficient description of the property</u>.

<h3>What are the minimum requirements for a California lease?</h3>

A California lease requires a <u>sufficient description of the property</u>, for example, an address, which gives it a legal description.

Other requirements for a California lease include:

Rental amount
Duration of the rental period
Payment due dates
Deposits or fees
Condition of the property at the beginning of the lease
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<h3>Question Completion with Answer Options:</h3>

a. No, the lease has met all of the minimum lease requirements of the state of California.

b. Yes, the missing minimum requirement is the absence of the issue of a security deposit.

c. Yes, the missing minimum requirement is the absence of any assignment and subleasing options.

d. Yes, the missing minimum requirement is the absence of a sufficient description of the property, such as an address and/or a legal description.

Thus, the minimum requirement for a California lease that is missing in the contractual lease between Max and Hannah Scott is the<u> absence of a sufficient description of the property</u>.

Learn more about California lease requirements at brainly.com/question/14299105

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1 year ago

Jorge considers himself a risk-averse person. He takes the opportunity to switch to a new job where there are two possible outco

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Answer:

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3 years ago