Myanmar's Minister of Commerce Than Myint (3rd R) Yeezy Replica China , Chinese Ambassador to Myanmar Hong Liang (3rd L), Myanmar's Deputy Minister of Planning and Finance and Chairperson of the Management Committee of the Kyaukphyu SEZ U Set Aung (1st R) and President of CITIC Group Chang Zhenming (1st L) attend the signing ceremony in Nay Pyi Taw, Myanmar, on Nov. 8, 2018. Myanmar and China's CITIC Group on Thursday signed a framework agreement on the Kyauk Phyu Special Economic Zone (SEZ) Deep-Sea Port Project. (XinhuaU Aung) NAY PYI TWA, Nov. 8 (Xinhua) -- Myanmar and China's CITIC Group on Thursday signed a framework agreement on the Kyauk Phyu Special Economic Zone (SEZ) Deep-Sea Port Project.
The framework agreement was signed by Myanmar's Deputy Minister of Planning and Finance and Chairperson of the Management Committee of the Kyaukphyu SEZ U Set Aung and President of CITIC Group Chang Zhenming.
Chinese Ambassador to Myanmar Hong Liang Wholesale Yeezy Replica , who witnessed the signing ceremony, said the Kyauk Phyu SEZ is important for Myanmar's economic development and its stabilization.
The Kyauk Phyu SEZ is part of the China-Myanmar Economic Corridor, and the project will benefit the people of Myanmar and promote the China-Myanmar paukphaw (fraternal) friendship, said the Chinese ambassador.
For his part, U Set Aung, who also attended the signing ceremony Cheap Yeezy Replica , said the deep-sea port project is an important project in regional connectivity.
Purchase Agreement Clauses That Save Your Butt Finance Articles | April 27, 2006 The real estate purchase agreement is more than just a casual offer. The moment you and the seller sign it, it is a legally binding contract. Since you can put what you want in your offer, why not inc...
The real estate purchase agreement is more than just a casual offer. The moment you and the seller sign it, it is a legally binding contract. Since you can put what you want in your offer, why not include some of the clauses that smart buyers use to protect themselves and save money? Some suggestions follow.
Six Purchase Agreement Clauses
A better earnest money clause. You can put a small earnest money deposit down and still be taken seriously Yeezy Replica , if you include a clause like this: "$100 earnest money deposit, to be increased to $2,000 upon acceptance of this offer." You could also have it increased "when all contingencies are met." This way, if there's an argument about you backing out because the inspector found foundation damage, for example, you won't have your money tied up while this is being resolved.
Inspection contingencies. Ask an agent about the wording Shoes Replica Free Shipping , but basically you want something like this in the purchase agreement: "Contingent upon a home inspection and buyer's approval of the results; inspection to be done at buyer's expense within ten days." Now you the right to have an inspection done, and if anything negative is found, you can refuse to "approve" of the results, and get your deposit back, or you could re-negotiate a lower price.
Assignation. If buying with a partner who isn't there to sign the offer, or if you want to "flip" the deal to another investor Shoes Replica From China , or if you may need to involve a partner for purposes of funding the deal, be sure that the purchase offer gives you that right. Putting "andor assigns" after your name on the offer is usually sufficient, but ask the real estate agent what the local custom or language is. This lets you add another buyer to the deal, or assign the whole contract to another.
Let the seller pay. Specify that the seller pays for the closing fee, the title insurance, the recording fees Shoes Replica China , and even the points on your loan. Sellers often just want the sale at a given price, and don't care about the details. What if they do care? You have given yourself some negotiating points. Get something for dropping each of the costs you included, like maybe a reduced interest rate if the seller is financing part of your purchase.
Basic financing contingencies. Suppose the loan doesn't come through, and you can't buy the home. You'll lose your deposit, unless you have something like this in the agreement: "Subject to buyer obtaining a firm commitment for suitable financing within ten days." If the seller balks at the vague language, you can specify what "suitable" means in terms of interest rate and such.
Spouse's approval clause. This could be as simple as "Subject to a walk through inspection and approval of home by wife (or partner - state their name) within two days." Now Wholesale Shoes Replica , if your wife says no within two days, you can back out of the deal and get your deposit back. If you want the seller to agree to this one keep the time frame as short as you can.