| 21. | "Most co-op contracts of sale contain two conditions, " said Eric P . Gonchar, a New York City real estate lawyer.
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| 22. | It records a contract of sale between two private landowners and probably dates to the middle of the 8th century BC.
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| 23. | The bank s obligation is defined by the terms of the LC alone, and the contract of sale is not considered.
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| 24. | This section considers legal consequences of the contract of sale, along with those of conditional sales, which modify the usual consequences.
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| 25. | Most contracts of sale require the purchaser to close when the developer has obtained a temporary certificate of occupancy for the unit,
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| 26. | What term, if any, it would be right to imply into the contract of sale at that stage will depend on the circumstances.
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| 27. | The bid package includes title reports on each of the 69 lots, subdivision maps, a description and history, and the contract of sale.
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| 28. | Often, the contract is structured in two parts, one representing the " lease term " and the other a " contract of sale ".
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| 29. | Because ownership does pass as a result of most contracts of sale, however, the issue of ownership is an important incidence of a sale.
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| 30. | Most contracts of sale contain contingencies of some kind or another, because few people can afford to enter into a real estate purchase without them.
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