Checklist Tags


These are the checklists related to Contract Deadline: Conditional Sale Deadline.

These tasks are when you're under contract to buy the property and related to the Conditional Sale Deadline in the "Contract to Buy and Sell Real Estate".

This deadline relates to you having to sell another property before buying this one.

Many times Buyers do not need to sell a property before buying the next one (remember that Nomad has you keeping the house you're moving out of) so typically we'd use "N/A" as the deadline. However, if we are asking the contract to be contigent on selling another property before buying this one we might use "MEC + 30 Days" as the date for the Conditional Sale Deadline if we can negotiate that with the Seller.

https://RealEstateFinancialPlanner.com/conditional-sale-deadline/

When you click on the task, you can also see the tags that task is filed under. You can also click on the tag to see other tasks with that tag.

  1. Complete "Conditional Sale Deadline" checklist
  2. REAL ESTATE BROKER: Helping you sell the other property
    Often your Real Estate Broker is listing the property for sale that you need to sell to be able to buy this property. In those cases, your Real Estate Broker is helping you sell that property.

    Contract Deadline: Conditional Sale DeadlineUltimate Nomad ChecklistWeek 13

  3. REAL ESTATE BROKER: Keep Seller's Real Estate Broker informed of progress
    While working toward selling your other property, your Real Estate Broker should keep the Seller's Real Estate Broker informed of progress.

    Contract Deadline: Conditional Sale DeadlineUltimate Nomad ChecklistWeek 13

  4. IF UNABLE TO SELL PROPERTY BY DEADLINE AND TERMINATING: REAL ESTATE BROKER: Prepare "Notice To Terminate" and "Earnest Money Release"
    If you're unable to sell your property to meet the terms of this "Contract to Buy and Sell Real Estate", your Real Estate Broker would prepare a "Notice To Terminate" and "Earnest Money Release" to protect your Earnest Money.

    You would need to sign it and have it submitted to the Seller and/or the Seller's Real Estate Broker prior to the Conditional Sale Deadline to protect your Earnest Money.

    Contract Deadline: Conditional Sale DeadlineUltimate Nomad ChecklistWeek 13

  5. IF UNABLE TO SELL PROPERTY BY DEADLINE AND TERMINATING: Sign "Notice To Terminate" and "Earnest Money Release" via DocuSign
    If you're terminating, sign the "Notice To Terminate" and "Earnest Money Release" that your Real Estate Broker sends over via DocuSign.

    You would need to sign it and have it submitted to the Seller and/or the Seller's Real Estate Broker prior to the Conditional Sale Deadline to protect your Earnest Money.

    Contract Deadline: Conditional Sale DeadlineUltimate Nomad ChecklistWeek 13

  6. IF UNABLE TO SELL PROPERTY BY DEADLINE AND TERMINATING: Save "Notice To Terminate" and "Earnest Money Release" to Dropbox
    Once you sign the "Notice To Terminate" and "Earnest Money Release" that your Real Estate Broker sends over via DocuSign, save them to your property folder in Dropbox.

    You will replace the "Earnest Money Release" when the Seller signs it.

    Contract Deadline: Conditional Sale DeadlineUltimate Nomad ChecklistWeek 13

  7. IF UNABLE TO SELL PROPERTY BY DEADLINE AND EXTENDING DEADLINE: REAL ESTATE BROKER: Prepare "Amend/Extend"
    If you're unable to sell your property to meet the terms of this "Contract to Buy and Sell Real Estate" but we are able to successfully negotiate an extension of this deadline with the Seller, your Real Estate Broker would prepare an "Amend/Extend" to extend this deadline to protect your Earnest Money.

    You would need to sign it and have it submitted to the Seller and/or the Seller's Real Estate Broker prior to the Conditional Sale Deadline to protect your Earnest Money.

    Contract Deadline: Conditional Sale DeadlineUltimate Nomad ChecklistWeek 13

  8. IF UNABLE TO SELL PROPERTY BY DEADLINE AND EXTENDING: Sign "Amend/Extend" via DocuSign
    If you and your Real Estate Broker have negotiated an extension of this deadline, sign the "Amend/Extend" that your Real Estate Broker sends over via DocuSign.

    You would need to sign it and have it submitted to the Seller and/or the Seller's Real Estate Broker prior to the Conditional Sale Deadline to protect your Earnest Money.

    Contract Deadline: Conditional Sale DeadlineUltimate Nomad ChecklistWeek 13

  9. IF UNABLE TO SELL PROPERTY BY DEADLINE AND EXTENDING: Save "Amend/Extend" to Dropbox
    Once you sign the "Amend/Extend" that your Real Estate Broker sends over via DocuSign, save it to your property folder in Dropbox.

    You will replace it when the Seller signs it with the fully executed version.

    Contract Deadline: Conditional Sale DeadlineUltimate Nomad ChecklistWeek 13