If you’re venturing into a real estate transaction and are daunted by the contracts, you’re certainly not alone. The jargon and intricate legal parlance can often make these contracts seem more complex than they actually are. Yet, the good news is that, armed with some guidance and understanding, these contracts become much less intimidating. Our friends at Cohen and Cohen delve deeper into the realm of real estate contracts below.
Key Aspects of a Real Estate Contract
Real estate contracts can be intricate and can have significant variation based on local laws and the specific details of the transaction. Nevertheless, there are several fundamental components that most real estate contracts should encompass to be deemed valid and enforceable: