Legal Questions Commonly asked by Technology Buyers and Sellers by Richard Scott Draughon

Cover of: Legal Questions Commonly asked by Technology Buyers and Sellers | Richard Scott Draughon

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Open LibraryOL11838381M
ISBN 100978913604

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Previously we looked at some common questions that buyers typically ask business owners in their initial “meet and greet” sessions. As you may recall, we focused on two key areas: questions pertaining to business risk and also those covering your personal motivations as a seller.

As with any budding relationship, the questions you need to ask are equally important to developing a solid.

The seller assumes the buyer will get a mortgage. The burden is generally on the real estate agent to keep their client, whether buyer or seller, fully informed and educated as to what’s happening.

You’ll have plenty of questions to ask after you’re in the middle of the transaction, and it’s never too early to ask. A slew of questions will likely pop into your head throughout the process—and possibly keep you up at night.

Last week, we revealed the most common questions asked by home buyers. Most business owners will be prepared to talk about the challenges they face in the current market – and if they’re not, think twice before proceeding. No business is immune from competition or from the impact of economic conditions, so don’t be afraid to ask questions about the strategies your seller.

The RIGHT Questions to Ask Sellers Every time you speak with a seller, you want to handle the call using the same process. Talking to Sellers Rules of Thumb Ask Questions and Listen: Your primary role on any call with a seller is to ask questions and listen carefully.

You want to File Size: 45KB. The following is a summary of the most significant legal and business due diligence activities the buyer will undertake in a typical M&A transaction involving a privately held company.

If you want to sell your home, sell a car, or even sell a book, think about how you can use questions to engage a potential buyer. Questions work particularly well on social media, in blog posts and even on your author pages.

If you have an email list, a question in the email subject line is likely to help your opening rate. It’s so easy to do.

This is one of the most common questions asked by wannabe booksellers and the answer is probably yes – but many sellers start as generalists (and often finish as generalists but with pockets of specialism). Obviously some books sell better than others and, even if only by trial and error, you will learn amazingly quickly.

Federal law (the Mail or Telephone Order Merchandise Rule) requires retailers that process orders by mail, telephone, or the Internet ship items within 30 days. If a seller cannot ship within the promised time, the seller must obtain the buyer’s consent to a delay in shipping or refund payment for the unshipped merchandise.

I was asked by “Mr. Smith” to find a buyer for his restaurant in exchange for a payment of 15% of the sales price if I found a buyer.

I did not have a real estate license nor did I claim to have one. I obtained a buyer and was paid one-half of the commis­sion. About the authors: The above article “Top Frequently Asked Questions From Home Sellers” was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).

With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford. Questions to ask the seller. You can learn a lot about the bikes condition by performing a thorough inspection of the bike.

But there is also a lot of useful knowledge you can only get from asking the seller the right questions. This is done to learn about the bikes history, but also to learn if you are dealing with an honest or a dishonest seller. Buyers in acquisitions of technology companies typically ask for a broad representation and warranty that the seller has no liability, indebtedness, obligations, expense, claim, deficiency, or.

I personalized the Winter Buyer Guide, made it into a video slideshow, and have it on repeat at open houses. When asked about it, I will email it or make a book copy for clients. Realty Corporation. I do not do an open house without the Buyer and Seller Guides.

They have helped me pickup both buyers and sellers. They love the handouts. Sellers Obligations. A seller must correspond to the terms of the contract as agreed upon by the parties to the contract.

[] In the absence of said terms a seller “must deliver the goods, hand over any documents relating to them and transfer the property in the goods, as required by the contact”.

[] These obligations would include, but not be limited to, the following: a seller delivering. Buyers should request bank statements, profit and loss statements, contracts with suppliers and employees, lease agreements and tax returns from the seller.

We asked real estate agents to spill the beans on most common real estate questions buyers ask them—and the answers, of course.

pre-approval makes you much more attractive to sellers). The most common answer is 3% to 5% of the purchase price. FHA loans just dropped their requirement from % to %. There are also some conventional loans that only require 3% down. Veterans are usually eligible for a VA loan, which requires no money down.

A real estate transaction is a constant flow of information and communication between a buyer and is up to the agents, escrow officers, loan officers, inspectors, attorneys and. Asking potential buyers questions before releasing information is important to the seller.

Here is a list of questions to ask and items to consider before releasing information to potential business buyers.

Business broker KC Choi picks the top 15 questions and points of information he asks potential buyers on businesses he has for sale. Sellers can flat-out accept or reject an initial offer.

But there a third path that is quite common, sellers can initiate a counteroffer. Remember this: a deal isn’t dead until it’s dead. So, if a counteroffer is proffered by the seller, you’re still in the game. - questions probing info gained in assessment - seeking to uncover problems or dissatisfaction that could lead to suggested buyer needs - open-end questions for max info They should drill down and probe for further details needed to develop, clarify, and understand the nature of the buyer's.

Ask if the seller has had to fix any problems with the house, and how well the solution worked. It’s also helpful to find out who did the work in case there is a similar problem in the future. After the seller and buyer consent to the terms of the agreement, the buyer must verify those representations and evaluate the seller's ability to fulfill any warranties provided.

In those verifications and evaluations, the buyer typically confirms all material facts related to the purchase of the business in a process known as "due diligence".

If you’ve landed yourself an interview for a buyer position, there are a few important steps you should take to sufficiently prepare for it. To help, we’ve assembled a helpful list of the most common questions that you might encounter and some great tips on how to answer them.

Here are the top 10 buyer interview questions for your. One of the most common remedies chosen by buyers after a breach of contract by the seller is a lawsuit for damages for nondelivery. These suits occur if the seller fails or simply refuses to deliver the goods that were promised in the contract.

In addition to suing for damages, the buyer can request that the money they've already paid be returned. Homie Buyer Refunds do not apply to HomieHomie deals, since Homie sellers do not pay typical buyer agent commissions when they accept an offer from a Homie buyer.

But if you do buy a Homie listed home as a Homie buyer, you’ll have a distinct advantage because you aren’t forcing that smart seller to pay crazy high buyer agent commissions. William F. Ziprick, Attorney: Legal Services For Buyers And Sellers. Through creative problem solving, attention to detail, accessibility, & understanding that unnecessary delay is often a deal killer, I work closely with my clients and other professionals to consistently achieve a high rate of closings.

Office:Cell: Jungle Law #6: Most Sellers Are Fibbers. (Or They At Least Stretch The Truth) Of course, this is not a completely true law of the jungle. Most sellers are honest people trying to get by in life like everyone else. However, a buyer should approach all information provided in the sale with some skepticism.

Most Frequently Asked Firearms Questions and Answers. Prohibited Persons/NICS Denials: 1. I have been convicted of a felony. How do I reinstate my rights to possess a firearm. Can a person prohibited by law from possessing a firearm acquire and use a black powder muzzle loading firearm.

I was the subject of a NICS check when I attempted. You can list as many books as you like. Your listings stay active until they sell or you end them. As a marketplace seller, it is your responsibility to ensure that book traits such as international edition, instructors edition, etc., are properly noted and maintained with all titles you list.

Leverage technology to assist attendees in accessing matched exhibitors and products based on precise matching criteria.

Buyers’ search preferences and online activity can also be key indicators in determining their matched suppliers. Smart and accurate recommendations ensure that exhibitors get more and better qualified pre-show leads.

Frequently Asked Questions; Course Calendar; PM Certified. Program Overview; Frequently Asked Questions; PM Certified Course Calendar; Virginia Leadership Academy. Class of ; VLA Alumni and Past Classes; Code of Ethics; Benefits & Resources.

Buyer & Seller Handouts; Tech Helpline; Inman Select; Publications; Virginia Real Estate Manual. check the buyer’s photo ID again and buyer must complete the recertiication in Section C immediately prior to the transfer.

• All other legal requirements (for example, providing secure gun storage or safety devices with each transferred handgun, and any applicable multiple sales reporting) apply equally to these transfers.

Gun Owner. Written by lawyer and faculty member of eBay University, Cliff Ennico, this book aims to answer "The Most Frequently Asked Questions About Making Big Money On eBay." Written in a question and answer format through twenty one chapters the book is designed for those who want to move beyond selling as a hobby to selling as a s: 3.

The home seller and buyer will likely agree upon a title company and title insurance company; frequently the company suggested by the buyer in the initial offer. Be aware that the Real Estate Settlement Procedures Act (“RESPA”), a federal law, prohibits the seller from requiring a buyer to use any particular title insurance company as a.

Smart sellers let buyers know everything they need to know up front. It’s smart because it saves everyone time, hassle and expense by preventing deals from falling apart once they’re in escrow. Buyers must sign off on all disclosures and reports.

So it’s important to review them carefully and ask questions if you need to. As a seller, there are certain things you should know before you enter into the sale of a vehicle. When a transaction occurs between two private parties, there are certain legal responsibilities and a reporting requirement that became effective in Question 4: How and what do I negotiate.

Different sellers price houses very differently. Some deliberately overprice, others ask for pretty close to what they hope to get and a few (maybe the cleverest) under price their houses in the hope that potential buyers will compete and overbid.

A seller's advertised price should be treated only as a rough estimate of what they would like to receive. Sellers tend to entrap themselves without even realizing it. There are many questions buyers ask that if answered incorrectly, can lead to more diminishing returns.

Think About What You Say. A way to handle questions that you’re unsure of is to talk to your agent. Innocent questions can be directed toward you with ulterior motives. By preparing answers for these common interview questions, you can develop compelling talking points to make a great impression during your next job interview.

In this article, we share some of the most commonly asked interview questions with tips on what interviewers are looking for in your response and example answers. Naturally, sellers have become very vocal about this problem expressing concerns of being cheated, and believing there is nothing they can do.

In actuality, there are practical solutions to buyer fraud that online sellers may not know about. In this article, I will outline the 4 most common problems associated with buyer fraud and how to combat. Richard is the author of several books on startups and entrepreneurship as well as the co-author of Poker for Dummies and a Wall Street Journal-bestselling book on small business.

He was also a corporate partner at the law firm of Orrick, Herrington & Sutcliffe, with experience in startups, mergers and acquisitions, strategic alliances, and.

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