agreement: Do I Really Need a Hold Harmless Agreement? - 11/11/10 03:38 PM
               
Do I Really Need a Hold Harmless Agreement?
A Hold Harmless Agreement is where a Buyer and Seller enter into an agreement for the protection of all concerned. 
This agreement typically states where one of the parties voluntarily assumes full responsibility for any risks of loss, property damage or personal injury, including death, or loss or damage to a property owned. 
This being a written contract, obviously it can be customized for each individual situation.
When a Seller wants to use this agreement, they will typically want to hold over into the property they are selling … (3 comments)

agreement: Letter of Intent - 05/23/10 12:13 PM
                           
Letter of Intent
I have on numerous occasions have had the opportunity to utilize a "letter of intent".  This has cut down a tremendous amount of time on everyone's part involved in the transaction.  It is not binding, but it gives all parties to the transaction a place to start, especially if the asking price is much higher than what the purchaser is willing to offer.
It is a great starting point, before going through all the red tape of pointing a formal contract together.  I have used this on residential properties, but it is used more for … (1 comments)