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"With Olde Orchard, you have Friends in the Business!"
Locally owned - Local Agents - Area Experts - Global Innovation
Our Partners and Friends
Please note that all of the below are LOCAL businesses, LOCALLY owned and operated and contribute to the
overall success of our COMMUNITIES! While we cannot gurantee YOUR satisfaction, we as well as many of our
clients have used and been completely satisfied with the services of the businesses listed below.
overall success of our COMMUNITIES! While we cannot gurantee YOUR satisfaction, we as well as many of our
clients have used and been completely satisfied with the services of the businesses listed below.
Thank you,
Margaret
Margaret
Frequently Asked Questions
What is a "fiduciary relationship"?
At it's core, a fiduciary relationship is built on trust and confidence and designed to protect the interests of the
client. The laws governing real estate brokers and agents mandate a fiduciary relationship between the agent and
client and requires that the agent fulfill certain duties. Among those duties are: confidentiality, loyality, obedience,
your interests, please email us at Olde Orchard Real Estate
At it's core, a fiduciary relationship is built on trust and confidence and designed to protect the interests of the
client. The laws governing real estate brokers and agents mandate a fiduciary relationship between the agent and
client and requires that the agent fulfill certain duties. Among those duties are: confidentiality, loyality, obedience,
your interests, please email us at Olde Orchard Real Estate
What is a Bilateral Contract?
A contract in which each party promises to perform an act in exchange for the other party’s promise to perform.
The usual real estate sales contract is an example of a bilateral contract in which the buyer and seller exchange
reciprocal promises respectively to buy and sell the property. If one party refuses to honor his or her promise and
the other party is ready to perform, the nonperforming party is said to be in default. Neither party is liable to the
other until there is first a performance, or tender of performance, by the nondefaulting party. Thus, when the buyer
refuses to pay the purchase price, the seller usually must tender the deed into escrow to show that he or she is
ready to perform. In some cases, however, tender is not necessary.
Depending on its wording, a listing form may be considered to be a bilateral contract, with the broker agreeing to
use his or her best efforts to locate a ready, willing, and able purchaser for the property, and the seller promising to
pay the broker a commission if the broker produces such a buyer or if the property is sold. Once signed by the
broker and seller, such a listing contract becomes binding on both.
A contract in which each party promises to perform an act in exchange for the other party’s promise to perform.
The usual real estate sales contract is an example of a bilateral contract in which the buyer and seller exchange
reciprocal promises respectively to buy and sell the property. If one party refuses to honor his or her promise and
the other party is ready to perform, the nonperforming party is said to be in default. Neither party is liable to the
other until there is first a performance, or tender of performance, by the nondefaulting party. Thus, when the buyer
refuses to pay the purchase price, the seller usually must tender the deed into escrow to show that he or she is
ready to perform. In some cases, however, tender is not necessary.
Depending on its wording, a listing form may be considered to be a bilateral contract, with the broker agreeing to
use his or her best efforts to locate a ready, willing, and able purchaser for the property, and the seller promising to
pay the broker a commission if the broker produces such a buyer or if the property is sold. Once signed by the
broker and seller, such a listing contract becomes binding on both.
Olde Orchard Real Estate
4 William Street
Ballston Lake, NY 12019
ph: (518) 399-2100
fax: (518) 312-4789
4 William Street
Ballston Lake, NY 12019
ph: (518) 399-2100
fax: (518) 312-4789
| Rocky and Luigi, the beloved Olde Orchard Real Estate (purebred) Yorkshire Terriers (aka: The Yorks) were adopted from a local animal shelter after being turned in by their previous family who could no longer keep them for one reason or another. They bring much entertainment to the office and love to be in the car "selling houses". In the above picture they are cuddled up in their "ugly sweaters" after a long hard day at the office. If you are looking for a pet to love, please consider a shelter pet. |
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