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15314 Stoneridge Park Cypress, TX, 77429
MLS# 19599752 (HAR)
Broker: Cy-Fair Properties, Inc
8314 Wind Willow Houston, TX, 77040
MLS# 26605298 (HAR)
16114 Barklea Cypress, TX, 77429
MLS# 11375303 (HAR)
$0 - $10,000 / Rental,
3 Beds , 2 Baths,
1,740 Sq.Ft. , Year Built: 2006 ,
Broker: REALM Real Estate Professionals - Sugar Land
Upon termination of a contract the earnest money is disbursed according to the terms of the contract. The first determination is formally terminating the contract by sending written notice. If you are working with a realtor, that would be the form,\"Notice of Buyer\'s Termination of Contract\". The second determination is where you are in the contract. If you are within an option period of a contract written using a realtor then there should be no question as to who gets the earnest money, as long as proper notification was given during the allocated time frame. Any other situations that the buyer would get the earnest money back are also spelled out in the contract. There are to many to reference without having a specific contract in front of you. If you are not using a realtor this is one of the best reasons to use one. Watching the dates of a contract is just one of the many ways we earn our money. The third determination is another form that needs to be completed to request the disbursement from the title company or who ever is holding the earnest money. This form is called \"Release of Earnest Money\". It tells who ever is holding the earnest money who to release the money to. All of these steps must be completed for the earnest money to be released from the Escrow Agent.
In all real estate transactions, in Texas, the commission is negotiable. Therefore the answer to your question is no. The listing broker is not required by law to share the commission with the buyer's broker unless the listing agreement states that the commission will be shared with the buyer's broker or the purchasing contract states that the listing broker will pay the buyer's broker.
Maintenance fees are assessed for the common areas of condominiums, town houses, and single family neighborhoods. The fees cover everything to keep the common areas functional and legal.
In condominiums and town houses there are sometimes an additional special assessment fee to cover major repairs and/or updates that the regular maintenance fees are insufficient to cover. These can sometimes be very costly.
In single family neighbor hoods the maintenance fee is usually referred to as a HOA fee and is paid annually as opposed to monthly.
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