Unlicensed Real Estate Assistant - Florida?
I have gone over the "Florida's unlicensed Real Estate Assistant" permissible activities information pamphlet. In the pamphlet it states the following: Answer questions concerning a listing from which the answer must be obtained from the licensed employer-approved printed information and is objective in nature (not subjective comments). OBJECTIVE means: to give the facts. SUBJECTIVE means: inflating or blowing up details to make it appealing to the buyer. The pamphlet does not say an unlicensed assistant can or cannot show a property. If, for example, I send Jane to show a buyer a particular property and Jane has a broker approved property information sheet (rooms, size, amenities and so forth) and only objectively conveys the FACTS about the property and, Jane would not be negotiating any deal or giving her personal opinion of the property and, Jane would refer the buyers to the agent for in-depth questions that fall outside of her unlicensed job description and approved property information pamphlet and, All Jane would do is show the property while giving only the approved facts and allow the licensed agent to finalize the deal.... Would that fall under the permissible activities for an unlicensed assistant?
If a seller and a buyer enter into a real estate purchase agreement, can the buyer change financing without breaching the initial contract?
Answer is…there is no simple answer except to say, it’s not a problem until it’s a problem. Most boiler plate contracts give you a few choices. You pick one based on your buyer’s situation, submit it and move forward with removing conditions prior to close.I have had many situations as the listing agent as well as the buyer agent where the financing changed. Like any situation, you deal with any arising problems and serve the customer. But if you change financing and experience problems…the listing agent is going to take issue with it. Before getting into a deal, make sure that the best financing situations have been established for the kind of property/deal it is.Once in the deal, if the finance change is absolutely necessary, make sure that your time frame will still align with the original close date or ask for a reasonable extension. Otherwise, you will have to re-sell the listing agent on why they shouldn’t believe your deal just melted down on them.Lastly, be very careful with this. If you are in a deal (especially commercial) and have “gone hard” on your emd, you had better close or risk losing that money and possibly be sued for specific performance. I know some agents going through this right now and it is just as messy as it sounds.Just remember, the people on the other side of the table want to close too. Apply the “reasonable person standard”. If it makes sense, explain it to the other side and make it happen. Nobody got into a deal, just to kill it. Good luck!
Why is real estate agent commission so high in india?
Hello,I believe you are mistaken. Real Estate Brokerage in India is ridiculously low. Real Estate commission in the United States is 6%. You can negotiate it to 4% sometimes or do a Buy Owner listing. Brokerage in UK is 2%. Western countries have enforceable laws and official contracts in these matters. In India brokerage is from 0.5% to 2% in major cities and up to 6% in tier 2 and 3 cities. The sale amounts in these cities are in lakhs and not in crores.Reputed brokers do not negotiate on their price due to the service they provide. Road side brokers will do anything to make a buck. Real estate agents in India get paid after all the work is done. Which means there is no incentive left for the client to pay, ONLY HONESTY AND ETHICS. Despite all the efforts, payments don’t come on time or sometimes they don’t come at all.So the right question is “Why is real estate commission so low in India?”
What is the maximum tenure allowed to register a rental agreement of residential property in India?
Strictly speaking a plain ‘Rental Agreement’ is valid indefinitely and thus will remain valid until it is terminated.A Rental agreement which has a limited or fixed time period is usually known as a ‘Lease Agreement’ .There is usually no restriction on how long the time period can be. The stamp duty etc payable for registering the same can vary based on the agreement period, this rate is defined in the local Stamp Act.Usually for very short term leases a Leave and License Agreement may be used. There can be a time limit for such agreement which depends on the prevailing local laws.Please note that even though they are all commonly referred to as rent there are very significant legal differences between Rent , Lease viz and Leave & License agreements. Each is be appropriate for specific purposes and are not interchangeable.Kindly note I am not a lawyer and you should definately consult a local lawyer to get advice appropriate to your situation.
Is it possible to buy a person, in britain or america?
If you offered someone $100000 and they agreed to be your slave, it still would not remove his constitutional rights should he wish to pursue them. I do not believe it's possible to own a person as property, even if you have a civil agreement stating such. Civil agreements cannot circumvent criminal law. Look at Jack Kevorkian. He had permission to assist with suicide, a civil contract with these people, yet he was convicted of killing them.
Can I keep my renters' security deposit if she breaks the lease?
LANDLORD AND TENANT RELATIONSHIPS (EXCERPT) Act 348 of 1972 554.607 Security deposit; permissible uses. Sec. 7. A security deposit may be used only for the following purposes: (a) Reimburse the landlord for actual damages to the rental unit or any ancillary facility that are the direct result of conduct not reasonably expected in the normal course of habitation of a dwelling. (b) Pay the landlord for all rent in arrange under the rental agreement, rent due for premature termination of the rental agreement by the tenant and for utility bills not paid by the tenant. History: 1972, Act 348, Eff. Apr. 1, 1973 Popular Name: Landlord-Tenant Act i would say under clause b, that you can keep it, especially if you have a contract that said that there is a penalty for breaking the lease. (for me its 2 months rent) just be sure that you send her a letter, return receipt requested, with the reason why.