We are proud to announce that our lead attorney, Sheryl A Edwards, has been selected to SRQ Magazine’s 2020 List of Elite Top Real Estate Attorneys!
Drive-thru Will Signings
At The Edwards Law Firm, PL, we have developed a procedure to help you execute a new will or update your old one from the safety of your vehicle. We can draft your documents in advance after receiving your instructions by phone or email. When your will and other documents are ready to be executed, we will witness and notarize your documents in our office parking lot while you stay in your vehicle. Call us at (941) 363-0110 with any questions or to schedule an appointment for your Drive-thru Will Signing!
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20 Contract Preparation Tips for 2020
Tip #4 - Avoid overlapping contingencies - in order to make your Buyer's offer look the most attractive to a Seller, avoid overlapping contingencies. For example, instead of having the general inspection contingency in the As-Is contract, and adding a contingency for attorney review, and adding a mold inspection contingency and an insurance contingency, you should consider that the general inspection contingency in the As-Is contract allows your Buyer to cancel for any reason.
Thus, instead of having a separate contingency for each issue, just use the general inspection contingency and make the inspection period long enough so that you can have your attorney review, your general inspection, your mold inspection, your insurance shopped within that period of time. If one of the inspections causes your Buyer to want to cancel the contract, you are able to do so with the general inspection contingency in paragraph 12.
20 Contract Preparation Tips for 2020
Tip #3 - Fill in the Blanks - When you are representing the buyer and are completing the form contract, fill in all the blanks, even if you insert the default provision. For example, in the Inspection Period paragraph, insert the number "15" in the blank, even though the default inspection period is the same. When you fill in the blank with the number "15", if the seller wants to shorten the inspection period, they will be required to cross out "15", write the number of days for the shorter period then initial the change.
If the number of days is left blank and the seller wants to shorten the inspection period, often we see the seller simply insert the shorter number of days and not initial the change.
By completing all of the blanks in the contract, you avoid confusion and misunderstanding and eliminate ambiguity in the contract because all contract amendments can more easily be tracked.