Posts by Firm Administrator
What Does it Mean When I am “Under Contract” to Buy or Sell Real Estate?
Offer and Acceptance A buyer and seller are said to be “under contract” for the purchase and sale of real estate when the buyer makes an offer to purchase a property at a certain price under certain terms and the seller accepts the buyer’s offer. In some cases, the seller may counter the buyer’s offer…
Read MoreGoliath vs. Goliath – Econ 101: avoiding the costs of unnecessary contract stalemates
Fundamentally, the successful closing of most commercial transactions boils down to a basic principle learned in Econ 101: the seller’s supply curve and the buyer’s demand curve meet at an equilibrium price for the quantity of goods or services being sold. There is a “win-win” for both sides: the buyer purchases something it values and…
Read MoreBrian Mulhall, From the Navy to the Law
Brian C. Mulhall, who is graduating from the Law School, learned a lesson in a middle school summer wrestling program that became central to the way he approaches life. You cannot always control opportunities, his coach told him, but you can control your attitude and what you do with whatever comes your way. In five…
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