This document must be signed by the owner and the contractor.3) All draw requests previously paid by the contractor must be supported by these items:a) material receipts marked PAIDb) paid receipts from construction personelc) Copy of cancelled checksd) unconditional labor and material releases4) Draws will be honored only if the inspector has verified that the labor has been performed and/or the above material has been installed or intergrated into the site.5) Only those draws for items within the amount stated on the cost breakdown will be honored.

An unconditional contract can be enforced that is the whole point of contract law.

Using an unconditional promise to buy when you do not have the money to actually do so is very bad business.

Once the contract becomes unconditional, a court date is set.On the day of  court, any member of the public is welcome to submit an offer on the property as well.

We think that our last Broker black balled us because he wouild not even give us an unconditional release after the damage to our garage!

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.

The main kinetic energy to receiving our rents on time is to implement a reasonable grace period, ours if 4 days, along with a late fee of $125 on day 5, then we send the late fee notice along with one of these options a 3 day notice, 7 day notice with a chance to ‘cure,’ and an ‘unconditional quit’ 7 day notice.Chapter 83.808 (3) A facility or unit owner may charge a tenant a reasonable late fee for each period that he or she does not pay rent due under the rental agreement.

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.History.

@Dan C.The attic is typically an unconditioned space.

Personally, if I was the buyer, I would not identify the lender, reason being, if I had to change lenders for some reason to make the deal fly, which happens quite often, the seller could bail on the deal because I didn't use the lender originally identified in the contract ... a cheap seller trick.Also, as an hml myself, I have never given a borrower a POF that states I will unconditionally loan money.