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Dangers of the Double Escrow – Part 1

by Scott Marquis | Aug 1, 2020 | Contracts, Duties Owed, Nevada Real Estate Commission, Nevada Real Estate Division

By Scott A. Marquis, Esq. Scott A. Marquis is a shareholder with of the law firm, Marquis Aurbach Coffing. He is recognized on the Mountain States Super Lawyers list, and has an AV Rating from Martindale-Hubbell. Scott can be reached at (702) 382-0711 or by visiting...

Avoiding Fixtures & Personal Property Disputes

by Steven Kitnick | Feb 11, 2018 | Avoiding Contract Disputes, Contract Clauses, Contracts, Residential Purchase Agreement

A primary responsibility of a real estate licensee is to prepare a Residential Purchase Agreement (“RPA”) that reflects “a meeting of the minds.”  In today’s vernacular that means having everyone “on the same page.”  The listing agent sets the ball in motion...

What is Considered to be a Completed Loan Application?

by Steven Kitnick | Jul 21, 2017 | Contracts, FHA, Loan Applications, Mortgage Finance, VA

Let’s examine the Greater Las Vegas Association of REALTORS (“GLVAR”) Residential Purchase Agreement (“RPA”) (Rev. 06/17). On page 1 of 11 paragraph 2:  Additional Financial Terms & Contingencies:  A.  New Loan Application and...

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