Before, real estate transactions were not written. Landlords a tenants, buyers and sellers, made their agreements verbally, accepting their words as a solemn promise. But today, with the advancement of technology, real estate transactions are a lot more different.
Although there are some simple and small agreements and contracts that can still be legal, it is necessary to use printed contracts and agreements to put every case legally and avoid unwanted cases.
Appropriately worded documents should be properly protected for all parties involved and should explain clearly all the rights and obligation of each. Sometimes, a legal case may occur that will require the creation of an informal document that will show the obligation and stipulations of the parties involved.
Anyone with a little knowledge can prepare such documents but the question now is, how can you tell difference between what is legal and what is not.
It is a fact that most legal documents prepared by lawyers are complex and difficult to understand. With the goal to allow common people a simple and straightforward verbiage, real estate legal forms were introduced.
These are...
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