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November 24, 2009 at 12:39 PM in reply to: Binding agreement via email–real estate attorney suggestions? #486776November 24, 2009 at 12:39 PM in reply to: Binding agreement via email–real estate attorney suggestions? #487008
urbanrealtor
Participant[quote=SK in CV][quote=urbanrealtor]THe email part would be binding if accepted by both parties.
If things are verbal then there is just too much room for misunderstanding.
[/quote]California has adopted The Uniform Electronic Transactions Act, so email that meets all other requirements can be binding. It must contain all terms of the agreement. So, its more than just room for misunderstanding on the verbal thing. In order for it to be binding, it must be in writing.[/quote]
Yeah I don’t that is entirely accurate.
I am not speaking to what the statute literally says but what the lawyers say.
I spend a lot of time with the bank-owned inventory as well as with the new development. These usually requires a lot of time with the lawyers and addenda and amendments are often in a separate email.For example it is reasonable to send an offer for a property asking for the appliances to stay.
I have then gotten a call from the listing agent who informs me that the seller uses those appliances for several properties as staging gear and that I might want to modify the offer.
What I would do then is to addend the offer in separate email.
Further, this could be done after acceptance when the offer becomes a contract.
They don’t need to be literally signed to be binding.
Note: As I was writing this, I was on the phone with CAR legal hotline. I was informed that the oldest example of this was contract by telegram in the old days. While not literally signed, they were/are considered signed documents as are any piecemeal modifications.The real estate law classes I have had specify that the purpose of a written contract is to clarify ambiguity in transactions. The textbook example is a case (Levin V. Dietz I think) where 2 people sketched out a price and acreage for a real estate transaction on the back of a business card. One tried to renege on this saying it was not a valid contract. The court sided with the damaged plaintiff and upheld the business card. The reasoning (at least in class) was that the written docs is just a clarification of the verbal agreement.
urbanrealtor
Participant[quote=Zeitgeist]Shibas are great little dogs. I am sure you found a good home. The large dog breeds raised with the family are usually good with little ones and fiercely protective of their pack. I think alarms are excellent, too and it is a shame about your brother. It seems like many of us have one of those issues in the family. At least you will feel like your father is protected. One thing to think about for those relying on the local police or sheriff is the ratio of officers working to the population and the distance from the station to your home. If they are spread pretty thin from budget cuts and you live on the side of a mountain in Jamul which is a good 40- 50 minute drive when the call for assistance is made, then think about what you can do to make your house and family less of a target. Russell was smart to recognize what the crook was really doing and I have had the same experience with low bid workers. Watchful neighbors are great allies.[/quote]
I very much agree.
I live a 15 minute walk (or 5 minute drive) from the local substation. A cop lives in my complex.
So, for me, this is less of a concern. My front door opens to a hallway with a security door for the building. Its never impossible to break in but it would be pretty tough.As far as shibas, yeah they are great dogs but I had an epiphany when I accidentally woke him from a deep sleep and he bit me hard enough to draw a lot of blood. I realized that if he ever did that to my son, I would probably kill the dog. So I gave him to a guy who was looking for a rescue shiba. A Realtor ironically.
urbanrealtor
Participant[quote=Zeitgeist]Shibas are great little dogs. I am sure you found a good home. The large dog breeds raised with the family are usually good with little ones and fiercely protective of their pack. I think alarms are excellent, too and it is a shame about your brother. It seems like many of us have one of those issues in the family. At least you will feel like your father is protected. One thing to think about for those relying on the local police or sheriff is the ratio of officers working to the population and the distance from the station to your home. If they are spread pretty thin from budget cuts and you live on the side of a mountain in Jamul which is a good 40- 50 minute drive when the call for assistance is made, then think about what you can do to make your house and family less of a target. Russell was smart to recognize what the crook was really doing and I have had the same experience with low bid workers. Watchful neighbors are great allies.[/quote]
I very much agree.
I live a 15 minute walk (or 5 minute drive) from the local substation. A cop lives in my complex.
So, for me, this is less of a concern. My front door opens to a hallway with a security door for the building. Its never impossible to break in but it would be pretty tough.As far as shibas, yeah they are great dogs but I had an epiphany when I accidentally woke him from a deep sleep and he bit me hard enough to draw a lot of blood. I realized that if he ever did that to my son, I would probably kill the dog. So I gave him to a guy who was looking for a rescue shiba. A Realtor ironically.
urbanrealtor
Participant[quote=Zeitgeist]Shibas are great little dogs. I am sure you found a good home. The large dog breeds raised with the family are usually good with little ones and fiercely protective of their pack. I think alarms are excellent, too and it is a shame about your brother. It seems like many of us have one of those issues in the family. At least you will feel like your father is protected. One thing to think about for those relying on the local police or sheriff is the ratio of officers working to the population and the distance from the station to your home. If they are spread pretty thin from budget cuts and you live on the side of a mountain in Jamul which is a good 40- 50 minute drive when the call for assistance is made, then think about what you can do to make your house and family less of a target. Russell was smart to recognize what the crook was really doing and I have had the same experience with low bid workers. Watchful neighbors are great allies.[/quote]
I very much agree.
I live a 15 minute walk (or 5 minute drive) from the local substation. A cop lives in my complex.
So, for me, this is less of a concern. My front door opens to a hallway with a security door for the building. Its never impossible to break in but it would be pretty tough.As far as shibas, yeah they are great dogs but I had an epiphany when I accidentally woke him from a deep sleep and he bit me hard enough to draw a lot of blood. I realized that if he ever did that to my son, I would probably kill the dog. So I gave him to a guy who was looking for a rescue shiba. A Realtor ironically.
urbanrealtor
Participant[quote=Zeitgeist]Shibas are great little dogs. I am sure you found a good home. The large dog breeds raised with the family are usually good with little ones and fiercely protective of their pack. I think alarms are excellent, too and it is a shame about your brother. It seems like many of us have one of those issues in the family. At least you will feel like your father is protected. One thing to think about for those relying on the local police or sheriff is the ratio of officers working to the population and the distance from the station to your home. If they are spread pretty thin from budget cuts and you live on the side of a mountain in Jamul which is a good 40- 50 minute drive when the call for assistance is made, then think about what you can do to make your house and family less of a target. Russell was smart to recognize what the crook was really doing and I have had the same experience with low bid workers. Watchful neighbors are great allies.[/quote]
I very much agree.
I live a 15 minute walk (or 5 minute drive) from the local substation. A cop lives in my complex.
So, for me, this is less of a concern. My front door opens to a hallway with a security door for the building. Its never impossible to break in but it would be pretty tough.As far as shibas, yeah they are great dogs but I had an epiphany when I accidentally woke him from a deep sleep and he bit me hard enough to draw a lot of blood. I realized that if he ever did that to my son, I would probably kill the dog. So I gave him to a guy who was looking for a rescue shiba. A Realtor ironically.
urbanrealtor
Participant[quote=Zeitgeist]Shibas are great little dogs. I am sure you found a good home. The large dog breeds raised with the family are usually good with little ones and fiercely protective of their pack. I think alarms are excellent, too and it is a shame about your brother. It seems like many of us have one of those issues in the family. At least you will feel like your father is protected. One thing to think about for those relying on the local police or sheriff is the ratio of officers working to the population and the distance from the station to your home. If they are spread pretty thin from budget cuts and you live on the side of a mountain in Jamul which is a good 40- 50 minute drive when the call for assistance is made, then think about what you can do to make your house and family less of a target. Russell was smart to recognize what the crook was really doing and I have had the same experience with low bid workers. Watchful neighbors are great allies.[/quote]
I very much agree.
I live a 15 minute walk (or 5 minute drive) from the local substation. A cop lives in my complex.
So, for me, this is less of a concern. My front door opens to a hallway with a security door for the building. Its never impossible to break in but it would be pretty tough.As far as shibas, yeah they are great dogs but I had an epiphany when I accidentally woke him from a deep sleep and he bit me hard enough to draw a lot of blood. I realized that if he ever did that to my son, I would probably kill the dog. So I gave him to a guy who was looking for a rescue shiba. A Realtor ironically.
November 24, 2009 at 10:06 AM in reply to: Binding agreement via email–real estate attorney suggestions? #486074urbanrealtor
Participant[quote=sdduuuude]Walking away from the deal will cost you much less than a lawyer and may result in the same effect – they’ll come back to your price.[/quote]
Don’t be certain of this.
It is certainly possible but aggressive negotiations sometimes mean the other side has other options.November 24, 2009 at 10:06 AM in reply to: Binding agreement via email–real estate attorney suggestions? #486241urbanrealtor
Participant[quote=sdduuuude]Walking away from the deal will cost you much less than a lawyer and may result in the same effect – they’ll come back to your price.[/quote]
Don’t be certain of this.
It is certainly possible but aggressive negotiations sometimes mean the other side has other options.November 24, 2009 at 10:06 AM in reply to: Binding agreement via email–real estate attorney suggestions? #486615urbanrealtor
Participant[quote=sdduuuude]Walking away from the deal will cost you much less than a lawyer and may result in the same effect – they’ll come back to your price.[/quote]
Don’t be certain of this.
It is certainly possible but aggressive negotiations sometimes mean the other side has other options.November 24, 2009 at 10:06 AM in reply to: Binding agreement via email–real estate attorney suggestions? #486702urbanrealtor
Participant[quote=sdduuuude]Walking away from the deal will cost you much less than a lawyer and may result in the same effect – they’ll come back to your price.[/quote]
Don’t be certain of this.
It is certainly possible but aggressive negotiations sometimes mean the other side has other options.November 24, 2009 at 10:06 AM in reply to: Binding agreement via email–real estate attorney suggestions? #486933urbanrealtor
Participant[quote=sdduuuude]Walking away from the deal will cost you much less than a lawyer and may result in the same effect – they’ll come back to your price.[/quote]
Don’t be certain of this.
It is certainly possible but aggressive negotiations sometimes mean the other side has other options.November 24, 2009 at 10:05 AM in reply to: Binding agreement via email–real estate attorney suggestions? #486069urbanrealtor
Participant[quote=SK in CV]I’m not a real estate attorney but…
And ignoring for the moment the whole e-mail part of it…
Unlike many other kinds of transactions, in order to be binding, real estate contracts must be in writing. If the written agreement does not include the final agreed upon consideration (price, etc.), there is no “meeting of the minds” (one of the other requirements for a contract) in writing. You don’t have a binding contract.[/quote]
THe email part would be binding if accepted by both parties.
If things are verbal then there is just too much room for misunderstanding. The written part (whether on a pre-printed real estate form or in an email) gives a clarity that the verbal part lacks.So I am assuming you are buying this?
Is the agent you mentioned representing the seller, or the buyer or both?Is this a new home or a resale?
It might be worth your time to speak with an agent that you trust (or at least who has nothing to gain by screwing you).
Good luck.
November 24, 2009 at 10:05 AM in reply to: Binding agreement via email–real estate attorney suggestions? #486236urbanrealtor
Participant[quote=SK in CV]I’m not a real estate attorney but…
And ignoring for the moment the whole e-mail part of it…
Unlike many other kinds of transactions, in order to be binding, real estate contracts must be in writing. If the written agreement does not include the final agreed upon consideration (price, etc.), there is no “meeting of the minds” (one of the other requirements for a contract) in writing. You don’t have a binding contract.[/quote]
THe email part would be binding if accepted by both parties.
If things are verbal then there is just too much room for misunderstanding. The written part (whether on a pre-printed real estate form or in an email) gives a clarity that the verbal part lacks.So I am assuming you are buying this?
Is the agent you mentioned representing the seller, or the buyer or both?Is this a new home or a resale?
It might be worth your time to speak with an agent that you trust (or at least who has nothing to gain by screwing you).
Good luck.
November 24, 2009 at 10:05 AM in reply to: Binding agreement via email–real estate attorney suggestions? #486610urbanrealtor
Participant[quote=SK in CV]I’m not a real estate attorney but…
And ignoring for the moment the whole e-mail part of it…
Unlike many other kinds of transactions, in order to be binding, real estate contracts must be in writing. If the written agreement does not include the final agreed upon consideration (price, etc.), there is no “meeting of the minds” (one of the other requirements for a contract) in writing. You don’t have a binding contract.[/quote]
THe email part would be binding if accepted by both parties.
If things are verbal then there is just too much room for misunderstanding. The written part (whether on a pre-printed real estate form or in an email) gives a clarity that the verbal part lacks.So I am assuming you are buying this?
Is the agent you mentioned representing the seller, or the buyer or both?Is this a new home or a resale?
It might be worth your time to speak with an agent that you trust (or at least who has nothing to gain by screwing you).
Good luck.
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