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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateEscape clause
Reginald S.'s profile image
Reginald S.'s profile image
Reginald S.
  • Real Estate Investor
  • from Bessemer, Alabama
  • Member since Mar 18, 2014
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Reginald S.'s profile image
Reginald S.'s profile image
Reginald S.
  • Real Estate Investor
  • from Bessemer, Alabama
  • Member since Mar 18, 2014
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Reginald S.
  • Real Estate Investor
  • Bessemer, AL
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Buying & Selling Real Estate

Escape clause

Reginald S.
  • Real Estate Investor
  • Bessemer, AL
Posted May 12 2014, 19:59

How do I use or insert an an "escape clause" i.e., "This sale is subject to partners approval" in my state(AL.) General Sales Contract when I am putting a property under contract in my wholesale deals? Is this legal? I am a newbie and am trying to make sure that I deal with sellers ethically.

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