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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] EPA consideration question Posted by zachary on April 27, 2003 at 11:43 AM Ward, I asked this same question, and you answered it prior to the messge board going down. I forogt to print your response and now can't remember your exact reply..... QUestion: when getting the EPA signed on the first visit prior to doing a title search, and verifying exact amount of net equity how do you write in the consideration amount and allow for it to be changed later? you answered that you could write in "see exibit A" (or was it addendum A??) What do I put on the addendum? Do I state what the estimated cosideration is contingent on title search and property inspection? Any adjustments made by such-in-such a date? civil code 1695. 3. C. states: (C) The total consideration to be given by the equity purchaser in connection with or incident to the sale. (d) A complete description of the terms of payment...... This seems that exact consideration has to be stated in the EPA when signed.... thanks and sorry for the long post. Zachary Follow Ups: Use the finite consideration approach.. Ward-CA- 5:03 PM, 04/27/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : I asked this same question, and you answered it prior to the messge board going down. I forogt to print your response and now can't remember your exact reply..... : QUestion: when getting the EPA signed on the first visit prior to doing a title search, and verifying exact amount of net equity how do you write in the consideration amount and allow for it to be changed later? : you answered that you could write in "see exibit A" (or was it addendum A??) : What do I put on the addendum? Do I state what the estimated cosideration is contingent on title search and property inspection? Any adjustments made by such-in-such a date? : civil code 1695. 3. C. states: : (C) : The total consideration to be given by the equity purchaser in : connection with or incident to the sale. : (d) A complete description of the terms of payment...... : : This seems that exact consideration has to be stated in the EPA when signed.... : : thanks and sorry for the long post. : Zachary Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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