Escalation Clause/Addendum - explained quick!
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YouTubeLucas Roth, CFA
Escalation Clause/Addendum - explained quick!
Here's how escalation clauses (or escalation addendums) work. For all my videos, see me at: www.lucasroth.com
545 viewsDec 11, 2019
Escalation Clause Explained
Explain: "Escalation clause".... | Filo
Explain: "Escalation clause".... | Filo
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Today’s Word(s) of the Day: ✨ Escalation Clause ✨ An Escalation Clause is a clause added to a contract that says if there’s a higher offer than yours, you agree to increase your offer by a certain amount. Sometimes there are caps to these amounts, but sometimes there aren’t. If you anticipate there being multiple offers on a property, an Escalation Clause is a good way to make sure you get the best deal possible. #RealEstateAttorney #EscalationClause #buffalony * We hate disclaimers as much as y
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Today’s Word(s) of the Day: ✨ Escalation Clause ✨ An Escalation Clause is a clause added to a contract that says if there’s a higher offer than yours, you agree to increase your offer by a certain amount. Sometimes there are caps to these amounts, but sometimes there aren’t. If you anticipate there being multiple offers on a property, an Escalation Clause is a good way to make sure you get the best deal possible. #RealEstateAttorney #EscalationClause #buffalony * We hate disclaimers as much as y
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