Which of the following statements is false regarding earnest money?
Which of the following statements is false regarding earnest money?
The following statement regarding earnest money is FALSE: Earnest money is not required for a contract to be valid. Earnest money must be at least 10% of the contract price. The earnest money is deposited in an escrow account if an offer is accepted.
How do I prepare my home for a final walk-through?
Follow this checklist to ensure you don’t overlook any steps.
- Turn on and off every light fixture.
- Run water and check for leaks under sinks.
- Test all appliances.
- Check garage door openers.
- Open and close all doors.
- Flush toilets.
- Inspect ceilings, walls, and floors.
- Run the garbage disposal and exhaust fans.
How clean should house be when moving out?
Many real estate contracts require sellers to leave a home in “broom-clean condition.” That means that sellers should sweep up after themselves, clear out closets, shelves and cabinets, take everything out of the refrigerator, throw out all the garbage and leave the home presentable.
How long does final walk through take?
Depending on the size of the home, a final walk-through can take anywhere from 15 minutes for a small home to more than an hour for a larger property. Build in extra time to inspect extra items, such as a pool or a detached shed or garage.
Are sellers required to clean house?
Do Sellers Have to Clean the House? Real estate purchase contracts often stipulate that the house is to be “broom clean.” This is generally accepted to mean that the seller should at least sweep the floor and leave the walls and ceiling bare.
How long do you have to move out of your house after you sell it?
7 to 10 days
Can you leave rubbish in your bin when you move?
You shouldn’t take your wheelie bin with you when you move house. The general rule is that it’s acceptable to leave some rubbish in the wheelie bin. By doing this, you’ll allow the new occupants to add to it as there should be enough space left in the bin to last until the next bin-day.
Is putting rubbish in someone else’s bin illegal?
One user asked if putting your rubbish in someone else’s bin was illegal. The answer is that it’s a form of antisocial behaviour and it’s technically illegal as it’s classed as fly-tipping.
Can you leave things behind when moving?
Why yes you certainly can! However, there is a small transport & storage fee you’ll find assessed to your security deposit. Itll probably be titled something like removal & disposal charge though. I’ve had many residents leave behind furniture, belongings, etc.
Do I have to leave shelves when moving?
Any built in furniture or items such as bookshelves, desks, benches or entertainment centers, stay in the home. If they are not built-in, the rule is they would not convey unless otherwise specified.