December 27, 2022

OTHER MODIFIED FEATURES OF SELLER FINANCED METHOD.PART 2

incorporation and inclusion of 6 major obligations of real estate development over which this innovative method of accelerated sellerfinanced option(ACSO) is tied with its robust plan.The six duties or roles of real estate development includes:1.).Land acquisition;2.)Market Studies;3.)project financing and financial projection;4.)approvals and permits;5.)Estate construction;6.)facility management and building renovation.7.)marketing and flipping.cOMPANIES CAN IMBIBED THIS HEAVILY MODIFIED METHOD.Hence we examine the recommendation as terms of reference and rules of engagement of sellerfinanced ACSO committes:1.)Presentation of offer letter from the buyer;2.)Reply with acceptance by seller of offer letter from the buyer.(Note:There are six components in the law of contract namely:a.)offer;b.)acceptance.c.)intention to create legal relation.d.)parties must have legal capacity.e) consideration.f)legal formalities followed.g)genuine consent.h.)contractual objectives lawful.Hence,elements of

No comments:

Post a Comment