Porsche's electric Mission E Tesla fighter will be offered in three power levels Report: Porsche's first electric sedan will kick off range with 402 hp, stretch to 670 hp . January 2, 2018
Real Estate Under Contract. The real estate term âunder contractâ means that a binding agreement exists between a buyer and a seller involving property. The buyer and the seller are in agreement with the terms in the contract. When a property is under contract, the seller may not enter into contract with any other buyer.
Once the seller and the buyer both have signed the contract, the buyer should issue a check for his earnest money deposit to an escrow account, which is held by a real estate brokerage. That means you make out your check to a real estate brokerage, not an individual.