Money in the Bank | Money Maker | Make Money Online  

Go Back   Money in the Bank | Money Maker | Make Money Online > Conventional Investing and Money Making > Real Estate
Register Home Forums FAQ Members List Calendar Search Today's Posts Mark Forums Read

Real Estate Owning property is still the hottest and most publicized form of flipping and profiting from your own investments. Use this forum to discuss strategies in real estate and land development as well as assess the current housing and market situation.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 11-03-2007, 12:04 AM
lionesscubbs lionesscubbs is offline
Junior Member
 
Join Date: Nov 2007
Posts: 1
what legal rights does the seller have to take photos after selling a property?

A friend of mine is in the process of buying a new house from a well known construction company only to discover that the seller has a clause in the agreement which allows them to use photos of the property for advertising after it has been sold and he becomes the legal owner. What legal right does the company have, he wants to remove this clause?
__________________
Powered by Yahoo! Answers
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Sponsored Links
  #2 (permalink)  
Old 11-03-2007, 12:05 AM
Etta P Etta P is offline
Junior Member
 
Join Date: Jul 2007
Posts: 3
This is a common clause, especially with builders/new construction projects. They use these photos to show available styles, floor plans, elevations and such to potential new buyers. Anybody can take a picture from the street without this clause, appraisers do it all the time for the "comparables" being used for appraisal report for other properties, and most of the time you don't even know about it. But this clause is so they can potentially include it in advertising so they doing the right thing and getting buyers permission. The legal right is that the contract was signed and this clause was agreed to by the buyer. Any amendment to a written contract must also be in writing, and any deposits may be subject for retention depending on the parameters of the signed contract. Below is a website that could be beneficial. Hope it helps and congrats on the new home!
__________________
Powered by Yahoo! Answers
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 11-03-2007, 12:07 AM
minty359 minty359 is offline
Junior Member
 
Join Date: Nov 2007
Posts: 1
well if its the agreement that your friends sign
the company have every right as stated in the agreement
__________________
Powered by Yahoo! Answers
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 11-03-2007, 12:49 AM
Rob Rob is offline
Junior Member
 
Join Date: Nov 2007
Posts: 2
If they took the pictures before ownership was transferred then you have nothing. If there was a clause in the agreement that they could you definitely have nothing. It's only a picture on the Internet, if you really have a problem with it maybe you should call the builder and see if you can work something out.
__________________
Powered by Yahoo! Answers
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 11-12-2007, 08:09 PM
John M John M is offline
Junior Member
 
Join Date: Jul 2007
Posts: 14
if in the process of buying then make it a condition of the sale that photographs will cease to be used. it is such a large amount of money for even a small house the seller will be reluctant to lose the sale.
__________________
Powered by Yahoo! Answers
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -3. The time now is 09:25 AM.



Search Engine Friendly URLs by vBSEO 3.0.0