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In dual agency who pays the closing cost in a purchase transaction?
Dual agency occurs when one broker or salesperson represents both parties to a transaction, or when two salespersons licensed to the same broker each represent a party to the transaction. Closing costs are a negotiable item between the buyer and the seller in the purchase agreement.
What are the differences between hire purchase and deferred payment?
........hire purchases,-propert is on the possession by the buyyer,but the right to own the goods remain to the seller until to the last installment paid.,.while DEFERRED PAYMENT- the right to own the propert shift to the buyyer soon after pay the down payment,but the p possession of propert is remain to the hands of the seller until the last installment is paid
Why are purchase orders used in business transactions?
Purchase orders are used in business transactions to formalize and document the agreement between a buyer and a seller for the purchase of goods or services. They help ensure clarity, accuracy, and accountability in the transaction process.
What is the Difference between primary and secondary market in transaction as related to flow of fund in transaction?
What is transaction what it contains
What is the difference between an escrow deposit and earnest money in a real estate transaction?
An escrow deposit is a larger sum of money held by a third party during a real estate transaction, while earnest money is a smaller deposit made by the buyer to show their commitment to the purchase.
