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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.
Contingencies could also be made on the satisfactory repair of a certain item associated with the real estate. Another sale contingency – Purchase or sale of the real estate is contingent on a successful sale or purchase of another piece of real estate. The successful sale of another house may be needed to finance the purchase of a new one.
Public hearing is held with proposed plan. The plan may be rejected if a petition is signed by over 40% of property owners within the district; Council votes to adopt or reject the plan to establish a BID; Mayor or city's CEO appoints BID board members, 5 of which have to be property owners within the district. [29]
The language of real estate contracts is typically written to protect buyers. And in many cases, a home seller who reneges on a purchase contract can be sued for breach of contract.
Download QR code; Print/export Download as PDF; Printable version; In other projects ... Redbridge, Kansas City, a neighborhood in South Kansas City, Missouri, USA;
Bid4Assets has also pioneered internet-based tax defaulted property sales in Idaho, Nevada, Virginia and Missouri. In 2015, as part of a San Francisco tax sale, Bid4Assets auctioned a private cul-de-sac in one of the most exclusive neighborhoods of San Francisco. Tina Lam and Michael Cheng purchased the property for $90,000.
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