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  2. Letter of intent - Wikipedia

    en.wikipedia.org/wiki/Letter_of_intent

    A tenant and landlord may sign a letter of intent prior to signing a lease agreement to stipulate rental rates and all regulations of the future tenancy. [ citation needed ] In the solicitation of US government grants, a letter of intent is highly encouraged, but it is not required or binding, and does not enter into the review of a subsequent ...

  3. Letter of comfort (contract law) - Wikipedia

    en.wikipedia.org/wiki/Letter_of_comfort...

    A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.

  4. How to buy a house for sale by owner - AOL

    www.aol.com/finance/buy-house-sale-owner...

    Visit FEMA.gov to verify whether the property is in a flood zone. Commission a thorough home inspection, including water, well and septic testing. How to buy a house for sale by owner: 7 steps to ...

  5. Notice of Intent to Lien - Wikipedia

    en.wikipedia.org/wiki/Notice_of_Intent_to_Lien

    In Mechanic's lien law a Notice of Intent to Lien (also known as a Notice of Intent, a Notice of Intent to File a Mechanics Lien, an intent notice, an NOI, or a notice of non-payment) is a type of preliminary notice that warns the property owner, prime contractor, and/or other party on a construction that a mechanics lien or bond claim will be filed unless overdue payments are made within a ...

  6. How long does it take to buy a house? - AOL

    www.aol.com/finance/long-does-buy-house...

    Timeline to buy a house, step-by-step Step 1: Get preapproved ... Your preapproval letter will serve as evidence to sellers that you’re a qualified buyer. Preapprovals aren’t good forever ...

  7. How to sell a house by owner: A step-by-step guide - AOL

    www.aol.com/finance/sell-house-owner-step-step...

    How to sell a house by owner: 5 steps to follow 1. Set a realistic price. ... Ask all buyers who make an offer to provide a mortgage preapproval letter, Lappin says. As a seller, you also have the ...

  8. Right of first refusal - Wikipedia

    en.wikipedia.org/wiki/Right_of_first_refusal

    If Abe sells the property to Bo, Bo must offer the property to Carl first, just like Abe if Bo wishes to re-sell it. Offer and acceptance terms: specific deadlines, procedures, and forms may be required. For example, Abe must give Carl a "notice of sale." Carl has 30 days to accept or reject, with failure to respond counting as rejection.

  9. Recording (real estate) - Wikipedia

    en.wikipedia.org/wiki/Recording_(real_estate)

    Examples are those getting the property as a gift and heirs. Also, those who purchase ownership interests in the owners of the property, such as shares of stock in a corporation owning the land, have not purchased an interest in the property itself and so are unprotected. Also, recording laws generally do not protect purchasers against real ...

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