Avoid Using “On or Before” in Contracts

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Line 35 of Short Sale Addendum Supersedes Line 18 of Residential Contract

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Generally a Cure Notice Must be Given Before a Party is Entitled to Damages

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Buyer May Bring A Claim After Closing If Seller Refuses To Repair Warranted Items

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Seller Must Provide Access To Confirm Repairs Have Been Made

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The Buyer Is Entitled To Possession At Closing

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A Buyer Must Honor An Existing Lease After Close of Escrow

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Risk of Loss Passes at Close of Escrow or Possession, Whichever Comes First

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If the Escrow Company or Recorders Office is Closed, Buyer Has Until the Next Business Day To Close

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Buyer May File Eviction Proceedings against Seller Who Refuses to Leave after Closing

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