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For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner.
In the United States, a home rule city, charter city, or home rule charter city is a city in which the governing system is defined by the its own municipal charter document rather than solely by state statute (general law). State law may require general-law cities to have a five-member city council, for example, as in California, but a city organized under a charter may choose a different ...
Stigmatized property. The Museum of the History of Tenerife, known locally as the Lercaro House, is reputedly haunted by the ghost of a young woman, the eponymous Catalina Lercaro. In real estate, stigmatized property is property that buyers or tenants may shun for reasons that are unrelated to its physical condition or features. [1]
Buying a new home in retirement can have an enormous impact on the kind of life you lead after your career. Learn what to weigh, options to consider — and whether renting can be a fit.
The Fed is finally expected to cut interest rates at their upcoming meeting, but the impact on the housing market may be minimal. However, homebuyers should proceed with their existing plans and ...
The rule against perpetuities is a legal rule in common law that prevents people from using legal instruments (usually a deed or a will) to exert control over the ownership of private property for a time long beyond the lives of people living at the time the instrument was written. Specifically, the rule forbids a person from creating future interests (traditionally contingent remainders and ...
The new rule stems from an antitrust settlement in April with the National Association of Realtors ending customary real estate broker commissions of up to 6% of a home’s purchase price.
The Interstate Land Sales Full Disclosure Act of 1968 (ILSFDA or ILSA or "Act") was an act of Congress passed in 1968 to facilitate regulation of interstate land sales, to protect consumers from fraud and abuse in the sale or lease of land. The Act was patterned after the Securities Act of 1933 and required land developers to register ...