property rights: In a world of buyers' agents, let's talk basic property rights... - 07/05/12 03:12 PM
The buyer has NO RIGHTS in a transaction until the seller grants them. In other words, the seller has 100% of the rights in the transaction from the start. The seller has ABSOLUTE control over the disposition of the property, so the seller does have the legal right to establish parameters of the sale IN ALL REGARDS. The only exception to that are anti-discrimination statutes.
At what point do sellers cede some legal rights to their property ownership? When they sign a contract, the sellers grant specific rights to another party. The first contract is the listing contract. That contract, however, does … (2 comments)

 
Liz Lockhart, GRI, Cape Girardeau Real Estate (Riverbend Realty, Cape Girardeau, MO)

Liz Lockhart

GRI, Cape Girardeau Real Estate

Cape Girardeau, MO

More about me…

Riverbend Realty, Cape Girardeau, MO

Address: 303 N. Fountain, Cape Girardeau, MO, 63701

Office: (573) 651-0777

Mobile: (573) 450-0777

Life's journey and all things real estate-- REO, short sale, buying homes, selling homes, listing homes, buyer agent, seller's agent, relocation


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