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The purpose of obtaining a certificate of occupancy is to prove that, according to the law, the house or building is in liveable condition. Generally, such a certificate is necessary to be able to occupy the structure for everyday use, as well as to be able to sign a contract to sell the space and close on a mortgage for the space.
Our 9-step guide to a smooth, successful home sale. Key takeaways. The process of selling a house can take quite some time, so it’s crucial to plan ahead and stay organized.
9 Free Budget Templates and Spreadsheets The good news is that if apps aren’t your thing, you don’t have to complicate your life by asking yourself, “How do you make a printable budget sheet?”
The closing (also called the completion or settlement) is the final step in executing a real estate transaction.It is the last step in purchasing and financing a property. [1]
ROFR: Abe owns a house and Bo offers to buy that house for $1 million. However, Carl holds a right of first refusal to purchase the house. Therefore, before Abe can sell the house to Bo, he must first offer it to Carl for the $1 million that Bo is willing to buy it for. If Carl accepts, he buys the house instead of Bo.
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