Hey Guys!

Can someone tell me what this means?

"Possession: 31-60 Days CD,Negotiable"

Thanks!

Saying that closing can be between 31 to 60 days from binding contract date and that it's negotiable.

I don't know why someone would put that in their because that's all negotiated in the offer with a purchase and sale contract. In fact all it does is confuse buyers or show terms that buyers may not find desireable so the buye rdon't even put in an offer where the seller might accept other terms.

I can't say for sure that is what they mean and I am not giving legal advice. If you like the property I would submit your offer with the terms you want and see if the sellers accepts.

It implies that the current owner would consider pre-settlement occupancy of the property by the buyer. The negotiable part is related to the possible start date and the amount of the payment for the privilege of getting possession early.

The issue with pre-settlement occupancy is if the buyer fails to settle then getting them out of the house becomes a major issue for the seller.

Dont know I guess it would depend on how you do things in your part of the world. Here is Florida possession is given at closing and closing is negotiable.

This is part of our secret realtor code that we have sworn an oath to protect.