01. The undersigned certify that, as of July 1, 2021 the internet website of the Franchise Tax Board is designed, developed and maintained to be in compliance with California Government Code Sections 7405 and 11135, and the Web Content Accessibility Guidelines 2.1, or a subsequent version, as of the date of certification, published by the Web Accessibility Initiative of the World Wide Web Consortium at a minimum Level AA success criteria. WebForm RPA-CA, Residential Purchase Agreement and Joint Escrow Instructions. What form to file. However, this is not the correct real estate form for this scenario. For the complete list of contractually specied reasons for which a seller may cancel, see paragraph 14D (1) and (2) and 14G of the RPACA. document.write(new Date().getFullYear()) California Franchise Tax Board. Other possibilities could be added, such as a contingency for short sale approval, or the purchase of another property. the seller's agent will deliver to the buyer, or his agent, a standard CAR Notice to Perform. Design & Development by Fireball Marketing, My Realty Times is your content-generating powerhouse, offering you a library of 20,000+ relevant SEO-driven articles, market reports, how-to's, industry news items, and agent features that is constantly updated with new content, and it's available to you TOTALLY FREE. This reluctance naturally leads to both buyer and seller saying to the other No, you first (Citation omitted). A party who is denied the return of the funds deposited in escrow is entitled to they don't yet have the money for the increased deposit that is due). MINATO RAP | "Yellow Flash" | RUSTAGE [Naruto Rap] AKATSUKI RAP CYPHER | RUSTAGE ft None Like Joshua, GameboyJones, Eddie Rath & More [Naruto Rap] NATSU RAP SONG Dragon Slayer RUSTAGE Ft Zach Boucher & Divide Music [Fairy Tail] ITACHI RAP | "Lies" | RUSTAGE ft Eddie Rath [Naruto Rap] MELIODAS RAP Dragon RUSTAGE [Seven Deadly Sins] Stream ad-free with Amazon Music Unlimited on mobile, desktop, and tablet. In summary a notice to perform can be sent 2 days prior to exploration of buyers contingencies. Excalibur (Saber Rap) [feat. Subscribe to Elizabeth Weintraub's Blog via email, Elizabeth Weintraub Broker. WebOnly after the escrow is cancelled, will the seller receive the earnest money deposit. What good does it do to cancel a contract if the buyer can come back and possibly claim a right to buy?". For the seller the demand preserves the sellers right to pursue release of the deposit as liquidated damages. And, sometimes, they stall the closing in an attempt to squeeze the seller for a further concession. that can be delivered to the buyer called a C.A.R. It is also important that the seller has fulfilled all of his obligations with respect to the buyer's contingencies. Form DCE, Demand to Close Escrow. For a complete listing of the FTBs official Spanish pages, visit La esta pagina en Espanol (Spanish home page). Escrow, title, or mortgage companies. Whenever a buyer cannot close for some reason and there seems to be more and more of those reasons lately the sellers tend to immediately eyeball the earnest money deposit and they expect to get it. And, again the buyer(s) and seller(s) must complete and sign a written cancellation of the purchase agreement including the mutual agreement as to the release of any deposit(s). (3) Property means real property containing one to four residential units at least one of which Can the property be put on the market if escrow isn't cancelled? We dont think about it often, but we enter condition precedent contracts every day. In such an instance, it is important that the seller and his agent are careful to calculate correctly what is the buyer's deadline date for compliance. And per the C.A.R. The track runs 4 minutes and 22 seconds long with a E key and a major mode. We would like to show you a description here but the site wont allow us. now the agent from the home we put a deposit on wants us to sign a demand to close escrow document. there is a new form generated late in 2014 by C.A.R. A number of useful revisions and suggestions were made in San Diego. endstream endobj 429 0 obj <>stream (a) It shall be the obligation of a buyer and seller who enter into a contract to In a real estate market like we have been experiencing for the last 18 plus months, the demand to close may just be one of the most important documents in a real estate transaction for a buyer. The Castillos never accepted the mobile home. @logan-wofford-889796529 fuck you. I want my double double cheeseburger meal from In-N-Out. Examples include: 1) Deposit the earnest money deposit (or increased deposit) into escrow, 2) Provide the pre-qualification letter, 3) Deliver verification of down Over Again (Pain Rap) [feat. $9.00. WebDCE - Demand to Close Escrow $205.95 USD 4 interest-free installments or from $18.59/mo with View sample plans Quantity Add to cart Quick Overview: Used when a In California, the seller can give the buyer a Demand to Close Escrow. Let The Colours Out 2. The residential purchase agreement obligates the seller to deliver this notice to a buyer in order to correct their breach before cancelling. When Can a Notice to Perform (NBP) Be Sent? WebParagraphs 14C (1) and (2), and in Paragraph 14E of the CA-RPA. Comment by Babyzenitsuwrld. JaCi Wallace, RE/MAX Gold3620 Fair Oaks Bl, Sacramento, CA 95864 | (916) 233-6759, Fair Housing | Privacy Policy | Do Not Sell My Personal Information | 00697006 2022 Elizabeth Weintraub. With the current market, the best practice to ensure the ability to pursue breach claims is to make sure that the demand to close is timely delivered to preserve the rights of the buyer or seller. This Google translation feature, provided on the Franchise Tax Board (FTB) website, is for general information only. In doing so, carefully review the contract of sale and escrow and abide by the applicable provisions. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Seller Demand for Release of Deposit is new form. The music video with the song's audio track will automatically start at the bottom right. Pursuant to the RPA-CA, the seller must first deliver a written Demand to Close Escrow (DCE) notification prior to the cancellation. Ellensburg, WA 98926 We cannot guarantee the accuracy of this translation and shall not be liable for any inaccurate information or changes in the page layout resulting from the translation application tool. a good faith dispute, but liability under this paragraph shall not be less than one This document tells the other side - Single by Rustage on Apple Music. Pirate. 00:00 00:00 However, what often happens is that neither party shows up and performs their obligations. WebTitle is taken subject to County and City taxes for the fiscal year in which this escrow closes. Original RPA had loan and appraisal contingencies of 17 days, but an addendum was written at time of dropping inspection contingency so that the loan contingency was in effect until funded, appraisal contingency The document is beneficial to both. WebPlease provide a demand good through _____. The buyers agent was horrified. Suite 123. Step Three: 2021-02-17T00:06:06Z Comment by Golden ocelot 1234. The residential purchase agreement obligates the seller to deliver this notice to a buyer in order to correct their breach before cancelling. A graduate of Princeton with a master's degree from UCLA in philosophy, Hunt has served as a U.S. Marine, Realtor association president in South Orange County, and director of the California Association of Realtors, and is an award-winning Realtor. if this usually comes up when a buyers agent receives a notice to perform from the listing agent prior to the expiration of a contingency period. The CAR memo notes: "Many sellers and agents are impatient. the funds are withheld in order to resolve a good faith dispute between a buyer and Connor Quest!] forms. (d) Upon the filing of a cause of action pursuant to this section, the escrow holder If the seller, say, refuses to sign an extension, the seller could most likely to release funds on deposit in an escrow account as provided in subdivision (a) within I should mention, however, that while an offer is drafted the number of days in that waiting. Do not include Social Security numbers or any personal or confidential information. Also, there are common law legal reasons such as fraud or duress. TermsPrivacyDisclaimerCookiesDo Not Sell My Information, Begin typing to search, use arrow keys to navigate, use enter to select. This email address is being protected from spambots. Of course, if the buyer still has unsatisfied contingencies -- for example, he may not have removed the physical inspection contingency -- the seller must first give him a notice to remove the contingency before the seller will have a cancellation right. To improve the translation you can follow this link or press the blue button at the bottom. Finally, it should be noted that the Demand to Close Escrow form is one that can also be delivered from the buyer to the seller. at the time the escrow is created is to be occupied by the buyer. The escrow company will require the buyer(s) and seller(s) to complete and sign a written cancellation of the purchase contract including the mutual agreement as to the release of any deposit(s). 0.S3W5 52 tyOFu puipgTBb$UX!)$U+c}nc"8K@N ~\^!x'9"`;H#~3 (F;B1Q|G)y(faTv*e:Yffkm8GQ8. $1. Ozzaworld], from the album Next Hokage (Naruto Rap) [feat. The buyer can issue an Extension of Time Addendum but a seller does not have to agree. Form TDS, Real Estate Transfer Disclosure Statement. A new form, Demand to Close Escrow (DCE), was introduced at the recent annual convention and meetings of the California Association of Realtors (CAR) held in San Diego. It is the quintessential chicken and the egg and what comes next is a parade of demands from the Seller demanding release of the deposit as liquidated damages and the buyer demanding performance. [CC 2943(e)(2)] (775) 993-7600, Ellensburg, WA Office: section, and no party to a contract to purchase and sell real property shall be liable, In Pittman v. Canham (1992) the appellate court succinctly stated that: The failure of both parties to perform concurrent conditions during the time for performance results in a discharge of both parties duty to perform. It closed escrow and disbursed all the funds. the deposited funds had a reasonable belief of his or her legal entitlement to withhold With music streaming on Deezer you can discover more than 73 million tracks, create your own playlists, Lyrics.com is a huge collection of song lyrics, album information and featured video clips for a seemingly endless array of artists collaboratively assembled by our large music Listen to Bound by Blood (feat. | https://codes.findlaw.com/ca/civil-code/civ-sect-1057-3/. Listen to top songs featuring Rustage on JioSaavn. His email address is This email address is being protected from spambots. Service contracts and retail contracts are loaded with conditions precedent. WebPlease provide a demand good through _____. $2. (1) Close of escrow means the date, specified event, or performance of prescribed condition upon which https://balboateam.com/wp-content/uploads/2017/10/LOGO_Small.png. A demand to close can be sent 3 days prior to the closing date. The CAR standard purchase contract spells out how a Notice to Perform may be used, but in doing so it specifies that if a buyer does not comply, then the seller may cancel and authorize the return of the deposit. From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times a must-read, and see, for anyone involved in Real Estate. "$R{j w ,mbm=)%)H:buu"P.fjCZ&\j*y$F9_ YB}` k5 Fade Away 9. A: The California Residential Purchase Agreement and Joint Escrow Instructions (RPA-CA) contains several provisions that allow a seller to cancel the purchase contract. Once the time period specified in the NBP expires and the buyer has not complied, the purchase agreement is not automatically canceled. The first section is for removal of contingencies. bC*RS After that, the seller can then cancel after waiting the 2 days. the agents go into hiding and fervently hope that escrow will close, the seller's agent will send a written demand to the buyer, usually via the buyer's agent, or. (1) Close of escrow means the date, specified event, or performance of prescribed condition upon which the escrow agent is to deliver the subject of the The NBP can be delivered no earlier than two days before that date. as to the right to the funds on deposit. The forms state, If either Party fails to execute mutual instructions to cancel, one Party may make a written demand to Escrow Holder for the deposit (C.A.R. WebThe California Purchase Contract is chock-full of deadlines: three days to place a deposit into escrow; 17 days to perform investigations; scheduling utilities, organizing closing, and many other important details. The Seller Demand to Release Deposit allows an escrow company, at the escrow companys discretion, to release the deposit within 10 days to the sellers without the buyers cooperation or agreement. Kaku, how I put him in a box, expert Yonkos got their head up on the block, jenga Demon come to battle with the gods, Enma This is the same voice from the meliodas rap Login . Escrow agents, joint control agents The technical storage or access that is used exclusively for statistical purposes. "; Dan Bull performs a verse in "It's a Joy" as Uncle Jack, who he also played in his own song for the game. Access to the "Patron" Rank on my discord which gives you access to the Patron exclusive chat Download English songs RUSTAGE is creating Music Videos and Other Content. The ten reasons for cancellation as outlined confer upon the seller a right to cancel unilaterally. Contact her at: kyamamoto@coldwellbanker.com. Sometimes it is sellers who become reluctant to see a transaction completed; and buyers have rights too. Within 3 (three) or _____ Days After reciept of this Demand To Close Escrow but no earlier than the agreed upon Close Of Escrow date. So what does this mean concurrent conditions exist when both parties are obligated to do something at the same time to complete a contract. If the deposit is held by a third party, such as a title company or escrow company, all parties generally need to agree on its disposition or at least agree to cancel. Recent and Popular Articles From Our Blog: Reno, NV Office: (509) 245-0400, Send all correspondences to: Edit your escrow payoff demand request form online Type text, add WebIn order to perform escrow services in California, the Escrow Law states that an escrow must be a corporation, in the business of receiving escrows for deposit or delivery, and 2. var prefix = 'ma' + 'il' + 'to'; Username or endstream endobj 430 0 obj <>stream OR . Contained inside the residential purchase agreement is verbage that basically says a seller can send a notice to perform to a buyer prior to the expiration of the contingency, but no more than two days prior to the expiration. If the buyer has not conformed with a Notice to Perform, or has not closed after receiving a Demand to Close Escrow, the seller may then deliver a Cancellation of Contract (CC) to the buyer. for the funds. that can be delivered to the buyer called a C.A.R. In other words, good old cash. Forms are hard copy only and not provided digitally. Songs lyrics, discography and videoclips by Rustage. JT Music, Rustage & Dan Bull] The Stupendium. Click here to read our COVID-19 statement and related updates on COVID-19 legal changes, A New Reality Temporary or Permanent Virtual Showings and Disclosures, Paycheck Protection Program Flexibility Act is Enacted, Impact to Credit Score After Filing Chapter 7 Bankruptcy, SBA Rolls Out Updated PPP Loan Forgiveness Application, Understanding the Home Equity Sales Contract Act 2020, Status Of Selected California State Operations re: COVID-19, COVID Update on Foreclosures and Evictions, Changes to the Fair Housing and Discrimination Advisory CAR Form, In a Season of Difficulty We Choose Gratitude, Cal/OSHA Issues New COVID Prevention Rule, Rain and the Prevalence of Failure to Disclose Claims, California Enacts COVID Tenant Relief Act (SB 91), Understanding the Trust Exception to Real Estate Disclosures, Help! Only after the time period has lapsed after delivery of the required form (2 days for NBP and 3 days for DCE) does a seller have a right to sign and issue a cancelation. The demand to close escrow sent 3 days before the contract closing date is a bit aggressive but it is just to put you on notice that the seller is expecting you to tax guidance on Middle Class Tax Refund payments, General information for the Middle Class Tax Refund. It is irrelevant whether the buyer agrees' to the cancellation. Pictures of Spider-Man. hj0_Eo`rlJufv>YR[ AR4i@ VZ@I@4.gAe.w)h$f*v13Q%2i\RNC!},t]mulO* &m) Password. It can also be used double-time at 150 BPM. (Paragraph 14.C.1) Usually, when a buyer refuses to close, the seller not only wants to cancel, but also he or she wants to keep the deposit. "The [Purchase Contract] specifies that where the seller has sent out disclosures, reports or other information late, then the buyer will have an additional 5 days after receipt to remove contingencies if those 5 days go beyond the [contractual] contingency period.". Hip-Hop/Rap songs and albums by Rustage, Mp3 Music )". In our limited inventory Sacramento real estate market, prices can rise and sellers might get a better price for the home if they put a home they sold in, say, a slow month like November, back on the market in February. (Of course, whether the seller is entitled to keep the deposit will depend upon the particular circumstances of the situation.). Well, occasionally I see a notice to perform sent from the listing agent to the buyers agent asking the buyer to close. From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times a must-read, and see, for anyone involved in Real Estate. Listen to Joestar (JoJo's Bizarre Adventure) [feat. Should You Rent to Someone with a Damaged Credit Report? purchase and sell real property to ensure that all funds deposited into an escrow Cami-Cat] song and explore 2 videos made by new and popular creators. WebA demand for payment may be requested for a real estate transaction, bulk sale, or liquor license. Reno, NV 89521 Or, I want to purchase gas for my car, I swipe my card and then the pump turns on for me to fill the tank with gas. While noting that a host of particular circumstances could affect the correct answer to this question, it is pretty clear that, assuming that the buyer has removed all contingencies, the seller has the right to cancel if the buyer does not then proceed to close according to schedule. What is the prudent thing to do? As a seller, Can I issue a demand to close escrow if I issued a notice to buyer to perform and it's within the 2-day period? The duration of the song is 3:19. Your California Privacy Rights / Privacy Policy. That is, which parties failure to perform prevented the transaction from closing. The Seller Demand to Release Deposit illustrates and points to paragraph 14G of the residential purchase contract, which also states a party who refuses to cooperate can be fined a $1,000 penalty, according to Civil Code. This form comes in two parts: one cancels the contract, the other cancels escrow and provides for disposition of the deposit money. There is an article about the California Escrow role at this location: Demand to close immediately or cancel and give the Buyer the EMD back. The RPA is a generally well drafted form that is revised periodically. Here are Roblox music code for SASUKE RAP [RUSTAGE] Roblox ID. Connor Quest!] Contractor does the work on the house and then I pay for the work. But those are all for discussion some other day. The Pros and Cons of Building a Custom Home, Ask the HOA Expert: Procedure For Voting In Person And Voting By Proxy, How to Be a World Class Time Blocking Expert. Join. If not, you can pay the balance yourself with our payment options. The purchase agreement could also contain other provisions that would allow a seller to cancel the sale. All sales on single forms are final. Or, I hire a contractor to do work on my house. This means that if a listing agent Waits until the closing date to send a demand to close, then the seller has to wait three more days after the close of escrow date in order to cancel. Alone In The Atmosphere 10. Close of escrow means that both buyer and seller have met the conditions in the homebuying contract and the third party that holds the documents and funds can move forward with the sale. (b) Any buyer or seller who fails to execute any document required by the escrow holder Home buyers usually receive a closing disclosure a few days before the closing date. 700 E. Mountain View Ave, Suite 508 Can be modified, but Ive noticed that and agents never do that. shall deposit the sum in dispute, less any cancellation fee and charges incurred, Escrow, title, or mortgage companies. Examples include the Short Sale Addendum or the Sellers Purchase of Replacement Property both contain seller contingencies creating additional cancellation rights for the seller. If you are in escrow, ask your escrow, title, or mortgage company to complete the payoff request. Webclose on time. The Pros and Cons of Building a Custom Home, Ask the HOA Expert: Procedure For Voting In Person And Voting By Proxy, How to Be a World Class Time Blocking Expert. According to reports that CAR staff attorneys were receiving from the field, one of three things tend to happen when a buyer begins to stall and doesn't complete the steps to closing: First of all, although doing nothing is not always to be eschewed, in this case it might involve an agent's failure to fulfill his or her fiduciary duty to the client. Impacted by California's recent winter storms? the alternative is when the seller waits for the expiration of the contingency date to arrive, and then sends a notice to perform, which means the buyer has two additional days to remove their contingency in which the seller must wait. the other party shall be liable to the person making the deposit for all of the following: (1) The amount of the funds deposited in escrow not held in good faith to resolve 4 0 obj The buyer's statement as to his or her intention to occupy one of the units is conclusive He launched his YouTube channel in September 2010. A month after the close of escrow, Express received a demand from the Castillos's attorney not to close escrow. Is Spring Really the Best Time to Sell a House? On April 9, 2004, Express received a certificate of occupancy from the county on the proper form. If you find yourself in a position of the listing agent and you want to pressure the buyer to adhere to strict timelines then its a good idea to send the nurse to perform 2 days prior to any contingency expiration, and if you have any doubt that the buyer may not close on time then to send a demand to close 3 days prior to close of escrow. Thus, where the parties have made time the essences of the contract, at the expiration of time without tender by either party, both parties are discharged. (Citations omitted). (e) Neither any document required by the escrow holder to release funds deposited All sales on single forms are final. the escrow agent is to deliver the subject of the escrow to the person specified in Under the first section of the NBP form buyer is requested to remove contingencies. Please fax the demand/pay off quote to 206-447-9997 or e-mail to holly@lakeunionescrow.com or nicole@lakeunionescrow.com. Forgot The contract addresses this situation and builds in a mechanism to attempt to compel timely closing of the transaction. Contact Bob at scbhunt@aol.com. If you have any issues or technical problems, contact that site for assistance. & etc. <>/Metadata 87 0 R/ViewerPreferences 88 0 R>> The extension must be in writing and specify a new closing date. Without the use of the demand to close escrow and in a scenario when neither party performed, that answer is that neither party is correct. In each case, a demand for payment is a payoff request submitted to and processed by FTB. Cami-Cat] is a popular song by Rustage | Create your own TikTok videos with the Excalibur (Saber Rap) [feat. Is the Midwest the Next Hot Housing Market? If the buyer doesn't close escrow within the time frame outlined in the document, the seller can cancel the escrow and move forward to retain the earnest deposit. Contact us. Most buyers and sellers will agree to extend the closing date by a couple of weeks, if necessary. WebUpon the completion and close of the sale escrow, the escrow holder is the agent for each of the principals to deliver the statements, instruments, funds, documents, and title Seller may cancel if the buyer, after being served with the appropriate notice, fails to Homes for Sale in Sacramento Valley and Foothills, Bio of Sacramento Realtor Elizabeth Weintraub, Reservations for Dining in Midtown Sacramento for Friday Night, Typing With One Hand After Rotator Cuff Surgery. Create a custom radio station from your favorite songs by Rustage on iHeartRadio. What can the seller do? Ozzaworld] is an English language song and is sung by Rustage. (916) 966-2260. WebIn California, the seller can give the buyer a Demand to Close Escrow. Buyer says just the opposite, because Seller did not sign and place the deed with escrow that they did not tender funds sufficient to close escrow with the escrow office. Locking Out This Chemistry 4. Fellow musician YouTubers Dan Bull and Rustage appear briefly as workers in "The Fine Print. Contact Bob at scbhunt@aol.com. Wrong Flow 6. Once purchased, we will send you a Certificate of 3311243023 (Click the button next to the code to copy it) Song information: Code: 3311243023 - Copy it! Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. But rushing the process of cancellation will often lead to a defective or questionable cancellation. Favorites: 121 - I like it too! For example, lets say youre the listing agent and the date of closing has arrived, but the buyer isnt ready. This means that if a buyer does not remove their contingencies in riding on the day of the expiration then the seller can cancel the transaction the following day. Atlantic - Rustage, Hip-Hop/Rap music genre. Forms, publications, and all applications, such as your MyFTB account, cannot be translated using this Google translation application tool. Web3.2ou are to deliver to Seller prior to close of escrow any payoff demand necessary to eliminate encumbrances so Y [RPI Form 436-1] 5. This one page document that is often not understood is the key. WebSacramento CA 94257-2021. We strive to provide a website that is easy to use and understand. Fabvl] is a song byRustagewith a tempo of 75 BPM. x]nH}7Af`ZbxvGc1X@UQRH5WGq""E:ZW2[67M-lr7oo7uYhp}Y6yXSWT@TW(^:R^_IRJ|-?UMW|_2;Yys[j~g(Os=#5pK|W?^I?d?fGRKyeHa_h'tY_bv`h1dr5$G<4/xw|}!UKKFu1V(}k^|V_89DIL@m /I0"r*s_N? /2^=?R"Jb/cw. It is the actual request for a payoff statement. Use C.A.R. Bob Hunt is a former director of the National Association of Realtors and is author of Ethics at Work andReal Estate the Ethical Way. The buyer can issue an Extension of Time Addendum but a seller does not have to agree. Examples include: 1) Deposit the earnest money deposit (or increased deposit) into escrow, 2) Provide the pre-qualification letter, 3) Deliver verification of down payment and closing costs, 4) Return a signed copy of the Real Estate Transfer Disclosure Statement, Natural Hazard Disclosure Statement, Federal Lead-Based Paint Disclosures/pamphlet or other required disclosures, and 5) Return a signed copy of a separate liquidated damages form for any increased deposit(s). History of Online/Virtual Communities in Real EstateIt Didnt Begin With Facebook, What You Need to Know About Closing Costs. WebIn California, when an Escrow is officially closed, it means that is the day that the Grant Deed is recorded at the County Recorders office, and is officially of public record. var addy16c4e01f47577bea9e0f39b689421903 = 'scbhunt' + '@'; There are now separate forms for the Notice to Perform for Buyer (NBP) and Seller (NSP). Play online or download to listen offline free - in HD audio, only on JioSaavn. Gold River, CA 95670 Sometimes I see real estate agents send a notice to perform if the buyer isnt closing on time. Rustage, Nux Taku, Cdawgva, JY Shawty, Ikurru, Chi-Chi & Caleb Hyles] by None Like Joshua on Deezer. Q: I have listed my home for sale, received an offer to purchase from a buyer and accepted the offer.