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Understanding Real Estate Contracts in the South Bay

By
Real Estate Agent with Keller Williams Palos Verdes

Understanding South Bay Real Estate Contracts


Understanding South Bay Real Estate Contracts

If you are looking to invest your money, the real estate market is one market that is worth trying. That's because real estate investments values in the South Bay area are going up. But before you get carried away, it's important to note the many characteristics of investments like this. For starters, it's a complex process as it requires an understanding of some basic laws. But that should be the least of your concerns as an investor since there are California real estate lawyers you can turn to for help in legal matters.

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When you enter the South Bay real estate business, you will hear different terms. For instance, what the seasoned investors refer to as real estate transactions simply refer to the California Real Estate contracts. However, not all real estate transactions require a contract; a lease or rent, for instance, doesn't use these contracts. What needs contracts are the ones that are deemed permanent.

Technically what is referred to as a real estate contract is one that is made between two parties. For it to be enforced, it needs to be in written and needs to comply with the contract law. So for a contract to be considered as legal and binding in the US, the two requirements must be satisfied.

 

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