
Technology of real estate contracts
Description
Book Introduction
"The Art of Real Estate Contracts" began with the author's desire to work with a clear understanding of the essentials for a licensed real estate agent.
This is the second book in a two-volume series, and it covers the skills that a licensed real estate agent in the growth stage must have that were not covered in the first volume.
This book focuses on the process of clarifying the knowledge required in practice and the basis and source of its instructions.
This book will serve as a clear basis for contract work.
This is the second book in a two-volume series, and it covers the skills that a licensed real estate agent in the growth stage must have that were not covered in the first volume.
This book focuses on the process of clarifying the knowledge required in practice and the basis and source of its instructions.
This book will serve as a clear basis for contract work.
- You can preview some of the book's contents.
Preview
index
preface
Chapter 1.
Basis of contract and provisional contract
01.
The principle of freedom of contract, the basis of a perfect contract
02.
A preliminary contract is a contract
03.
Perfect contract
04.
Qualifications of Contracting Parties
05.
Providing a copy of your ID, you are an accomplice in the fraud
06.
Signature, stamp, thumbprint (unsigned), seal certification
07.
Corporations and Agents
08.
foreigner
09.
Anti-counterfeiting, modification, sealing, and signature
10.
Confirmation statement first? Contract first?
11.
Deposit protection
Chapter 2.
Verification manual
01.
Supporting data for the confirmation statement
02.
Request for architectural drawings
03.
Basic Checklist
04.
Lease confirmation information
05.
Matters concerning land
06.
Location conditions and relationship with roads
07.
Regarding management fees
08.
Non-preferred facilities and expected transaction amount, etc.
09.
Types and rates of taxes to be borne upon acquisition
10.
Actual rights relationship or rights of undisclosed objects
11.
Facilities, walls, floors, painting, environmental conditions
12.
On-site guide and brokerage fee
13.
Completion of the confirmation statement
Chapter 3.
contract
01.
Real estate sign
02.
Purpose and transaction amount
03.
Duration, first day included
04.
Change of use and sublease
05.
Termination of contract
06.
Termination of contract and restoration to original condition
07.
Termination of contract, cancellation fee, deposit
08.
Default and damages
09.
Simultaneous performance of transfer of ownership, etc.
10.
Extinction of restricted items, local taxes, etc.
11.
Matters related to brokerage
Chapter 4.
Precision technology of special contracts
01.
Special provisions apply first
02.
Purpose of use of the leased property
03.
Prohibition on moving into officetels
04.
short-term lease
05.
Rent-free special offer
06.
Interior construction commencement clause after down payment
07.
pets
08.
Promise of substantial compensation and indemnification
09.
Single-brake special contract
10.
Tax transfer special contract
11.
Special provisions used by companies
[supplement]
01.
Confusing terms
02.
Land use area, land use district, land use zone
03.
Public announcement of land prices, housing prices, and building prices
04.
Value-added tax for simplified taxpayers
Conclusion
Chapter 1.
Basis of contract and provisional contract
01.
The principle of freedom of contract, the basis of a perfect contract
02.
A preliminary contract is a contract
03.
Perfect contract
04.
Qualifications of Contracting Parties
05.
Providing a copy of your ID, you are an accomplice in the fraud
06.
Signature, stamp, thumbprint (unsigned), seal certification
07.
Corporations and Agents
08.
foreigner
09.
Anti-counterfeiting, modification, sealing, and signature
10.
Confirmation statement first? Contract first?
11.
Deposit protection
Chapter 2.
Verification manual
01.
Supporting data for the confirmation statement
02.
Request for architectural drawings
03.
Basic Checklist
04.
Lease confirmation information
05.
Matters concerning land
06.
Location conditions and relationship with roads
07.
Regarding management fees
08.
Non-preferred facilities and expected transaction amount, etc.
09.
Types and rates of taxes to be borne upon acquisition
10.
Actual rights relationship or rights of undisclosed objects
11.
Facilities, walls, floors, painting, environmental conditions
12.
On-site guide and brokerage fee
13.
Completion of the confirmation statement
Chapter 3.
contract
01.
Real estate sign
02.
Purpose and transaction amount
03.
Duration, first day included
04.
Change of use and sublease
05.
Termination of contract
06.
Termination of contract and restoration to original condition
07.
Termination of contract, cancellation fee, deposit
08.
Default and damages
09.
Simultaneous performance of transfer of ownership, etc.
10.
Extinction of restricted items, local taxes, etc.
11.
Matters related to brokerage
Chapter 4.
Precision technology of special contracts
01.
Special provisions apply first
02.
Purpose of use of the leased property
03.
Prohibition on moving into officetels
04.
short-term lease
05.
Rent-free special offer
06.
Interior construction commencement clause after down payment
07.
pets
08.
Promise of substantial compensation and indemnification
09.
Single-brake special contract
10.
Tax transfer special contract
11.
Special provisions used by companies
[supplement]
01.
Confusing terms
02.
Land use area, land use district, land use zone
03.
Public announcement of land prices, housing prices, and building prices
04.
Value-added tax for simplified taxpayers
Conclusion
Into the book
“Certified real estate agents also had no choice but to suffer.
The reporter asked why the real estate agent did not check the registration certificate.
The real estate agent protested that, of course, there is no landlord who brings a certificate of registration to the lease agreement.
In reality, the registration certificate is a certificate of registration with one page of registration information added to it.
It is very easy to forge a resident registration card, and it is also very easy to forge registered information.
“Just print it out neatly on a sheet of A4 paper, make a court sticker, and stick it on, and you’re done.”
“In practice, in the case of real estate contracts involving agents, the agent is often sent as a participant in the contract, with means such as a preliminary interview with the actual principal, confirmation of identity and intention, and confirmation of the contract by phone or video call.
That is, there are many cases where the person himself/herself completed the expression of intent through prior expression of intent and expression of intent through information and communication media, even though he/she was not present in the same space, and only the act of signing or stamping was delegated.
Even in these cases, it is necessary to understand the basic legal basis and effect of the power of attorney and to explain it well to the contracting parties.”
“It was a time when splitting up multi-family homes was in full swing.
The district unit plan allowed up to 5 households per house.
If 5 households are built in one house according to the floor area ratio, each household will have an exclusive area of approximately 20 pyeong.
Of course, it is a three-room structure.
Landlords split the units into one-room and two-room units and rent them out.
There are far more renters looking for one-room or two-room apartments than there are people looking for three-room apartments.
The Earth Unit Plan does not take into account market demand at all.
The broker has no choice but to enter into a lease agreement even though he is fully aware that the building is in violation of the law.
Of course, the verification statement should clearly state the potential violation, but this is often not the case.
They violate their duties as real estate agents for various reasons, such as not knowing how to apply, not having a “violation” listed in the building register, or because the landlord doesn’t like it.
Only real estate agents who are listed as illegal buildings and do not provide proper explanations are harmed.
In fact, I have seen cases where tenants who want to terminate their contracts cannot find a tenant and do not want to pay brokerage fees, so they report illegal buildings.”
“The cost of restoration that tenants must bear is high.
If the wallpaper is discolored due to smoking or becomes contaminated with nails, graffiti, paint, etc., the tenant is responsible for the cost.
If a door was installed to divide a large room into two sections, this also falls within the scope of restoration.
In such cases, it is also advisable to use the restoration exemption special provision if the parties agree that it is necessary to improve the usability.
Instead of giving up the right to claim reimbursement or purchase through an agreement between the landlord and tenant, a special clause exempting the obligation to restore the property to its original condition can be used.
In other words, it would be good to specify that the landlord is exempt from the obligation to restore the door installed by the tenant to its original condition upon termination of the contract, and the tenant will not request a purchase or reimbursement of costs.
“Completion of restoration to its original condition, return of real estate, and return of lease deposit are concurrent performances.”
The reporter asked why the real estate agent did not check the registration certificate.
The real estate agent protested that, of course, there is no landlord who brings a certificate of registration to the lease agreement.
In reality, the registration certificate is a certificate of registration with one page of registration information added to it.
It is very easy to forge a resident registration card, and it is also very easy to forge registered information.
“Just print it out neatly on a sheet of A4 paper, make a court sticker, and stick it on, and you’re done.”
“In practice, in the case of real estate contracts involving agents, the agent is often sent as a participant in the contract, with means such as a preliminary interview with the actual principal, confirmation of identity and intention, and confirmation of the contract by phone or video call.
That is, there are many cases where the person himself/herself completed the expression of intent through prior expression of intent and expression of intent through information and communication media, even though he/she was not present in the same space, and only the act of signing or stamping was delegated.
Even in these cases, it is necessary to understand the basic legal basis and effect of the power of attorney and to explain it well to the contracting parties.”
“It was a time when splitting up multi-family homes was in full swing.
The district unit plan allowed up to 5 households per house.
If 5 households are built in one house according to the floor area ratio, each household will have an exclusive area of approximately 20 pyeong.
Of course, it is a three-room structure.
Landlords split the units into one-room and two-room units and rent them out.
There are far more renters looking for one-room or two-room apartments than there are people looking for three-room apartments.
The Earth Unit Plan does not take into account market demand at all.
The broker has no choice but to enter into a lease agreement even though he is fully aware that the building is in violation of the law.
Of course, the verification statement should clearly state the potential violation, but this is often not the case.
They violate their duties as real estate agents for various reasons, such as not knowing how to apply, not having a “violation” listed in the building register, or because the landlord doesn’t like it.
Only real estate agents who are listed as illegal buildings and do not provide proper explanations are harmed.
In fact, I have seen cases where tenants who want to terminate their contracts cannot find a tenant and do not want to pay brokerage fees, so they report illegal buildings.”
“The cost of restoration that tenants must bear is high.
If the wallpaper is discolored due to smoking or becomes contaminated with nails, graffiti, paint, etc., the tenant is responsible for the cost.
If a door was installed to divide a large room into two sections, this also falls within the scope of restoration.
In such cases, it is also advisable to use the restoration exemption special provision if the parties agree that it is necessary to improve the usability.
Instead of giving up the right to claim reimbursement or purchase through an agreement between the landlord and tenant, a special clause exempting the obligation to restore the property to its original condition can be used.
In other words, it would be good to specify that the landlord is exempt from the obligation to restore the door installed by the tenant to its original condition upon termination of the contract, and the tenant will not request a purchase or reimbursement of costs.
“Completion of restoration to its original condition, return of real estate, and return of lease deposit are concurrent performances.”
--- From the text
Publisher's Review
I am a very ambitious person.
I hate losing to others in my work.
In particular, I want to work with a clear understanding of what I absolutely need to know as a certified real estate agent.
So, as I studied one by one and looked for evidence, I ended up writing a book.
In the first book in this series, "The Art of Starting a Real Estate Business," I talked about my experience in the brokerage business.
It is explained in stages, including the decision to start a business, preparation for starting a business, starting a business, rapid growth stage, and the secrets of becoming a successful business leader.
The skills required of a certified real estate agent in the growth stage that were not covered in Volume 1 have been completed in this second volume.
Volume 2, “Technology of Real Estate Contracts,” focuses on the process of clarifying the knowledge required in practice and the basis and source of that knowledge.
This book will serve as a clear basis for work in contract work.
Anyone interested in real estate brokerage must read this.
It will create a knowledge base of a different dimension.
Real estate contracts may seem easy on the surface, but they are actually difficult.
There are quite a few areas that need to be examined closely.
A licensed real estate agent must understand 100% of the contents of the contract, its application, and its consequences before proceeding with the contract.
It is necessary to draft a contract that can prevent problems that may arise in the future.
For this, a certified real estate agent needs accurate knowledge and experience.
It requires a significant amount of time and effort.
The reality is that it is not easy to find this kind of content in books on the market.
This book delves into the often-overlooked contractual terms and conditions that you need to know when drafting a real estate contract, with specific examples.
The author conveys his practical experience and know-how in great detail.
It also includes legal interpretations through actual cases, coping methods, and even forms used in the field.
This book consists of four chapters.
“Chapter 1: Basics of Contracts and Provisional Contracts” discusses the definition of a contract and the basics required for a contract.
“Chapter 2 Confirmation Explanation” thoroughly covers important factors that must be confirmed before signing a contract, including the necessity of architectural drawings, rights relationships, condition of facilities, and broker compensation.
“Chapter 3 Contracts” and “Chapter 4 Detailed Description of Special Provisions” explain how to write an actual contract and what phrases must be included, using examples of formats and case law.
Lastly, the “Appendix” provides a comparison and explanation of terms that can be easily confused, so that you can avoid mistakes, big or small, that can occur when writing a contract.
If you want to be successful as a real estate agent, you have to become an expert.
Among these, the skills of drafting real estate contracts must be particularly outstanding.
Even if you are good at handling dozens of cases, you could face difficulties if one brokerage accident occurs.
This book will serve as a guide to preventing such brokerage accidents.
I hate losing to others in my work.
In particular, I want to work with a clear understanding of what I absolutely need to know as a certified real estate agent.
So, as I studied one by one and looked for evidence, I ended up writing a book.
In the first book in this series, "The Art of Starting a Real Estate Business," I talked about my experience in the brokerage business.
It is explained in stages, including the decision to start a business, preparation for starting a business, starting a business, rapid growth stage, and the secrets of becoming a successful business leader.
The skills required of a certified real estate agent in the growth stage that were not covered in Volume 1 have been completed in this second volume.
Volume 2, “Technology of Real Estate Contracts,” focuses on the process of clarifying the knowledge required in practice and the basis and source of that knowledge.
This book will serve as a clear basis for work in contract work.
Anyone interested in real estate brokerage must read this.
It will create a knowledge base of a different dimension.
Real estate contracts may seem easy on the surface, but they are actually difficult.
There are quite a few areas that need to be examined closely.
A licensed real estate agent must understand 100% of the contents of the contract, its application, and its consequences before proceeding with the contract.
It is necessary to draft a contract that can prevent problems that may arise in the future.
For this, a certified real estate agent needs accurate knowledge and experience.
It requires a significant amount of time and effort.
The reality is that it is not easy to find this kind of content in books on the market.
This book delves into the often-overlooked contractual terms and conditions that you need to know when drafting a real estate contract, with specific examples.
The author conveys his practical experience and know-how in great detail.
It also includes legal interpretations through actual cases, coping methods, and even forms used in the field.
This book consists of four chapters.
“Chapter 1: Basics of Contracts and Provisional Contracts” discusses the definition of a contract and the basics required for a contract.
“Chapter 2 Confirmation Explanation” thoroughly covers important factors that must be confirmed before signing a contract, including the necessity of architectural drawings, rights relationships, condition of facilities, and broker compensation.
“Chapter 3 Contracts” and “Chapter 4 Detailed Description of Special Provisions” explain how to write an actual contract and what phrases must be included, using examples of formats and case law.
Lastly, the “Appendix” provides a comparison and explanation of terms that can be easily confused, so that you can avoid mistakes, big or small, that can occur when writing a contract.
If you want to be successful as a real estate agent, you have to become an expert.
Among these, the skills of drafting real estate contracts must be particularly outstanding.
Even if you are good at handling dozens of cases, you could face difficulties if one brokerage accident occurs.
This book will serve as a guide to preventing such brokerage accidents.
GOODS SPECIFICS
- Date of issue: August 5, 2024
- Page count, weight, size: 252 pages | 152*225*20mm
- ISBN13: 9791169571845
- ISBN10: 1169571840
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