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  2. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    An initial down payment from the buyer to the seller is usually also required. The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more ...

  3. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    Sometimes, signing buyer(s) may direct a lawyer preparing the deed separately what type of ownership to list on the deed and may decide to add a joint owner(s), such as a spouse, to the deed. For example, types of joint ownership (title) may include tenancy in common, joint tenancy with right of survivorship, or joint tenancy by the entireties.

  4. Warranty deed - Wikipedia

    en.wikipedia.org/wiki/Warranty_deed

    A warranty deed is a type of deed where the grantor (seller) guarantees that they hold clear title to a piece of real estate and has a right to sell it to the grantee (buyer), in contrast to a quitclaim deed, where the seller does not guarantee that they hold title to a piece of real estate.

  5. What's the Difference Between a Deed and Title? - AOL

    www.aol.com/news/whats-difference-between-deed...

    A general warranty deed is the most common deed you'll come across in a standard home sale. It's "the physical representation of the transfer of ownership," says Kendall Bonner, a licensed Florida ...

  6. Deed of reconveyance: What it is and how it works - AOL

    www.aol.com/finance/deed-reconveyance-works...

    When you sell your home, the reconveyance deed is evidence that the property has a clear title, meaning it’s free from any outstanding mortgages or other liens or claims. Without the ...

  7. Purchase and sale agreement - Wikipedia

    en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

    A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.

  8. Deed - Wikipedia

    en.wikipedia.org/wiki/Deed

    A deed is a legal document that is signed and delivered, especially concerning the ownership of property or legal rights. Specifically, in common law, a deed is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed.

  9. Who pays closing costs, the buyer or the seller? - AOL

    www.aol.com/finance/pays-closing-costs-buyer...

    Both buyers and sellers incur some form of closing costs, but many items can be negotiated. The full amount of a sale’s closing costs depends on many factors, including the home’s price, the ...

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