Real Estate Investing For Cash Flow Hosted By Kevin Bupp. The #1 Commercial Real Estate Investing Teaching You How To Create

This week I'm going to share with you two critically important clauses that you should be using in all of your commercial purchase agreements. It’s very common that if you’re using a standard commercial contract from a broker that neither one of these clauses will be specified and absolutely should be. Below are the actual clauses so that you can easily cut/paste them and add them to your next contract. Clause #1: The PURCHASER'S Due Diligence timeframe will be for a period of 60 days and will commence when PURCHASER receives all requested Due Diligence from seller as outlined on the Due Diligence request form.  After all documents and materials have been delivered to PURCHASER, PURCHASER may cancel this Agreement for any reason, at the sole discretion of PURCHASER, within sixty (60) days  after receiving all documents and materials from SELLER.  In the event that PURCHASER elects to cancel this Agreement during the initial 60 day inspection period this paragraph shall serve as authority to the Escrow Agent