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Old 04-13-2009, 04:48 PM
 
Location: NY
1,416 posts, read 5,600,634 times
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Quote:
Originally Posted by hotkarl View Post
Almost, actually, I think every sale contract I've seen has been the standard form kind you can download off the internet or buy at an office supply store.
Any changes are just penciled in, or crossed out, and intialed.
As long as the lawyer-less buyer or seller knows exactly what to change, that might work. But as far as legal matters go, I usually put them into the same category as electrical work and surgery, which is: "Don't try this at home, kids".

Of course lawyers aren't immune to spectacular goofs either. The contract of sale my nephew originally received had an interesting line in the mortgage contingency clause: "If buyer fails to qualify for a mortgage, buyer shall still be required to proceed with the sale." (!!!!!!!!) My nephew's $1200-fee lawyer COMPLETELY MISSED that being in there. I caught it when I looked the contract over myself at my nephew's request before he signed it. Called his attorney myself to inform him of what he had failed to correct before handing the contract to his client for signature. Response? "Hm, I guess I did miss that." (!!)
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