Section 3 Use of Form Contracts

• Library: Real Estate Fundamentals 2011

Many attorneys have succumbed to the temptation of filling in the blanks of form earnest money, sale, and option contracts that do not properly fit the circumstances at hand and that the attorneys fail to alter sufficiently to meet those circumstances. Some available contract forms have closing rules and practices printed on the reverse side that are made part of the contract. One such form has more than 100 printed lines of conditions and practices. While these printed conditions are generally satisfactory, the failure...