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Just for you--special offers... Need a lease for your rental property? We recommend that you speak with Gary Timpe or Mark Cannon at Timpe Legal Services. Polaris and Timpe have worked together for the past 5 years, and over that time, they have developed a lease that we encourage our landlord’s to use. By using a uniform lease such as the lease that Timpe Legal has developed, we (as property managers) are able to streamline our services and act more efficiently on your behalf. Because of Polaris' relationship with Timpe Legal, they have agreed to offer this lease template to you at about 50% of their normal charges. As part of your agreement with Polaris, you are not obligated to purchase this lease; however, we encourage the use of this particular document for the reasons mentioned above. Gary M. Timpe, Attorney-CPA
4212 W. 71st St. Suite C
Indianapolis, IN 46268
www.timpecpa.com & www.timpelaw.com
317-217-1660, Fax:317-217-1653
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Real Estate Contracts >Signed Sealed and Delivered
Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.
An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.
Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.
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| Q |
What are considered the ideal conditions for a buyer's market?
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| A |
In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices. |
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