Tag: GCAAR

The bait ‘n’ switch continued…

In Part 1, we looked at a scenario where a purchaser (Offer B) was attempting to switch from an “all cash” purchase to using lender financing under the GCAAR Regional Sales Contract, after the contract had been ratified. We concluded...

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Adding a buyer to a purchase deed

Several times a month, attorneys at Federal Title are presented with the following scenario: My buyer wants to add his wife/girlfriend/parent/child to the deed at closing. Can you just add him or her to the deed when we come in to sign? The...

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Now offering continuing education courses

We are pleased to announce Federal Title is now offering continuing education courses through a partnership with Real Estate Empower, Inc. Our first round of classes will commence Wednesday, February 23. Visit our continuing education section...

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What Does ‘If Required’ Mean?

The GCAAR Regional Sales Contract makes only one reference to the survey and is found in paragraph 19 as follows: “The title report and survey, if required, will be ordered promptly. …” Note the key phrase “IF REQUIRED.”...

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