When multiple transaction are linked together, called “chain” or “train” transactions, it can be a challenge to keep one or more of the transaction from derailing. Such transactions occur when:
- A buyer’s home purchase is contingent on the sale of the buyer’s home;
- A seller’s home sale is contingent on the sale of the buyer’s home; or
- A buyer’s home is contingent on the seller finding a replacement home
Chain transactions can make the buying and/or selling of a home more complicated for both the parties and members attempting to assist their clients. Let our suite of materials on this topic help you and your clients navigate these transactions with ease.
-NEW THIS MONTH-
- Video Shorts (share these with clients)
FOR BUYERS
When Buyer’s Home Purchase is Contingent on the Sale of the Buyer’s HomeFOR SELLERS
When Seller’s Home Sale is Contingent on the Sale of the Buyer’s HomeFOR BUYERS AND SELLERS
When Buyer’s Home is Contingent on the Seller Finding a Replacement Home - Slide Deck (great for office meetings and trainings)
- Chain Transactions
Did you miss the Legal Live Webinar on Contingent Transactions? Catch the recorded webinar here.
These and many more C.A.R. Legal Tools are available on topics such as: Cybercrime, Negotiating Repairs, Water-Conserving Plumbing Fixtures, and Referral Fees are now available here.