Posts tagged post-closing obligations
Anatomy of a Real Estate Transaction – Parts of the Transaction

Real estate transactions can be broken into seven standard parts. Despite this, each transaction is as different as the parcel of real estate being purchased.

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Contractual "Truncation"or Shortening of Statutes of Limitation

Contractually shortened statutes of limitations are becoming more popular in real estate contracts to provide certainty and finality for the parties.

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Fermatas, Grand Pauses, and Alternatives to Holdbacks in Real Estate Transactions

Fermatas and grand pauses are alternatives a composer can use slow down the pace of the music when the changes to tempowon't create the desired effect. In a real estate transaction, sometimes, the parties’ circumstances don't allow for a holdback, and the parties are forced to look for alternatives.

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How Holdbacks Affect Music and Real Estate Transactions

There are four music terms describing a holding back of tempo, each having its own nuanced meaning. Similarly, there are different holdback strategies in real estate transactions, which parties should tailor to the needs of their transaction.

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