Memorandum of Sales Contract - Real Estate with Broker and Attorney Victor Maas

Maas Law Firm - Real Estate Attorney: maaslawfirm.co...
A memorandum of contract is less legally binding than a contract and it can be used to outline the terms and details of the agreement before the contract is drawn. It can be used in court when one party fails to meet one or more of the obligations stated in the agreement. It basically puts the term of a contract that both parties can look at in one document. This way the terms of the sale can then be negotiated. It is a starting point, to start to agree. A memorandum of sale contract will include names and Contacts of the buyer and seller the property address tenure details and any special conditions. It will also include sales price deposit amount and it can include which lender may be used.
More About Maas Law Firm - Texas Real Estate Attorney
We are a San Antonio real estate law firm that offers fixed fee rates for a variety of legal transaction services, including Owner Finance & Wraparound Closings, Foreclosures, Deeds & Releases, Real Estate Contracts, Title Issues & Judgments, Wills and Estates, Probate Administration and LLC Formations. ​ If you need help assessing your case give our office a call.
A lot of transactions can be done in less then 24-48 hours, saving you time and anticipation. Victor M. Maas, is known for his “problem solver” attitude. Victor served in the U.S. Air force in 1991 and graduated from Creighton School of Law in 2000. Victor Maas is also president of the San Antonio Real Estate Investors Association (SAREIA), where he mentors new and experienced real estate investors. Visit www.SAREIA.com for more information. Read More

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