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Description: You are in charge of real estate acquisitions for Malvern Associates, Inc., a real estate development...

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General Management

Description:

You are in charge of real estate acquisitions for MalvernAssociates, Inc., a real estate development company. Malvern isinterested in purchasing for $5 million a shopping center owned byCarson Properties, Inc. which owns and manages several shoppingcenters.

(A)         Draftan offer to purchase the shopping center. State terms which meetthe requirements of the law plus give you the most control of theoffer. Describe the relevant law.

(B)         Nowyou represent Carson. Your company believes the price is too low.Draft a response to the Malvern offer making sure to leave youroptions open. Discuss the relevantlaw.     

Answer & Explanation Solved by verified expert
4.2 Ratings (582 Votes)
OFFER TO PURCHASE REAL ESTATE THIS OFFER IS TO PURCHASE REAL ESTATE the offer IS MADE BY Malvern Associates Inc BUYER TO Carson Properties Inc SELLER Offer to purchase The buyer    See Answer
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