Mutual Release Agreement Real Estate

Sometimes buyers think, „I don`t need to sign a publication because I`ve never given a down payment.“ We cannot stress enough how false that is. You have to read your agreement. If your agreement does not stipulate that the non-deposit of a deposit declares the offer null and void, you remain responsible for the contract you signed. A mutual release is the sheet of paper that you must sign if an agreed agreement is not reached because the buyer or seller does not fulfill a condition. This week we wanted to take a look at the mutual publication.