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Pitfalls of Real Estate

Teacher: Mama Liz
Across
Abbreviation for unauthorized practice of law
Good faith money that goes with an offer to purchase
Begins at 10:00am the day following ratification
type of insurance that we recommend everyone in the Charleston tri-county area obtain
Meeting strangers at the property is a really big ____ in real estate.
Something you should always recommend a client obtain.
All changes on a contract should be initialed and ____
It is not ok to tell a tenant that they can ____ _ _____
Is outside of due diligence
Something one should not focus on when working with a client
# of dates one has to remember if using Due Diligence
Down
Abbreviation for power of attorney
Is outside of due diligence
This date needs to be a specific date
# of dates ones has to remember if using repair procedure
Is outside of due diligence
Not valid in South Carolina
Gives the buyer the right to get out of contract for any reason
Should always recommend a purchaser obtain one
A clause in contract that gives one a number of days extension of closing date if closing does not happen due to no fault of buyer or seller
Termination fee for due diligence should be at least ____