Monday, July 28, 2008

Learned Something New today

Did you know that if your lawyer breaches
the confidentiality clause of a contract
that you signed, it could become void?
Apparently you can become liable if your
lawyer decides to publish the agreement
(if it is the agreement that is
confidential or clause),which can cause
it to become void, and in turn causing
his/her client to forfeit the settlement
amount.

An example of this would be if my lawyer
disclosed the expense amount contrary to
the confidentiality clause of the Agreement.
If that occurred I could lose the expenses
set out in the Agreement. Not cool!

Ten days after signing the purchase of sale,
I signed another purchase of sale for another
house. The closing date is on August 15th, 2008.
too. My lawyer is handling that transaction
as well.

I have to have faith that all will be well,
but not blind faith.

Monday, July 14, 2008

Nazism -

Did you know that the official
name of the Nazi Party was the
National Socialist Workers'
Party? A workers' party? Can you
believe that? How creepy is that.
Did you also know that Nazism
is commonly known as National
Socialism. The Nazis were socialist!
OMG! Thank God we live in a free
and democratic country, Canada.
Let's keep it that way. Though the
socialist among us may have other ideas -

well not all socialist, just those
that have more in common with theNazis.

We need to appreciate and value the
individual rights and freedoms that
we have in Canada, because if we don't
the Nazi types will continue to spread
their wings far and wide, when the
power of democracy should be clipping
their wings.

Nazism
http://en.wikipedia.org/wiki/Nazism

The Rise of Adolf Hitler
http://www.historyplace.com/worldwar2/riseofhitler/index.html

A New Beginning

http://www.historyplace.com/worldwar2/riseofhitler/new.htm

The German's elect Hitler

http://www.historyplace.com/worldwar2/riseofhitler/elect.htm

The Triumph of Hitler

http://www.historyplace.com/worldwar2/triumph/tr-boycott.htm

Friday, July 4, 2008

Closing Date

I received written confirmation yesterday
that August 15th, 2008 is the closing date,
not August 14th as I indicated in an earlier
post.

In my mind August 15th, is actually 61 days
not 60 days. If you look under Schedule 'A',
"Closing Date" it says, " the date that is
30 DAYS FROM ACCEPTANCE OF THIS AGREEMENT
OF PURCHASE AND SALE." I pulled out my
Webster's dictionary and looked up the word
'from.' its defined as follows: "indicating
a point of departure or starting point in
place or time or abstract calculation; indicating
origin"

Therefore, based on the definition
of the word 'from', the date of acceptance,
June 16th, 2008, would be the starting
point. Thus 60 days from June 16th, is
August 14th. Hey, I could be wrong
but, that's what it looks to be to me.

I'm suppose to sign an amended agreement
about a week before close and I would
think that since the closing date is
August 15th, not August 14th, I wouldn't
expect to see the word 'from' included
in the definition of "Closing Date."

By the way, I'm ok with August 15th,
2008 for the closing date. I just hope
the amended agreement reflects the
August 15th, closing date more accurately.
And perhaps that's what EWCP's lawyer
was quoting from, the amended version
of the agreement, when he wrote in his
letter,
" The Agreement of Purchase and Sale
with regard to the above-noted matter
states at "Definitions" of Schedule "A"
that the closing is 60 days after the
Agreement has been entered into."

EDIT IN - Sunday July 06, 2008

I think a more accurate definition
of "Closing Date" under Schedule "A"
of the Agreement of Purchase and
Sale would be to include the actual
date of closing, August 15, 2008.

Check out the agreement

http://picasaweb.google.com/scwmark/EastWindsor
CogenerationPropertiesInc
AgreementOfPurchaseAndSaleJune0520't 08