Search results
Results from the WOW.Com Content Network
A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...
Ken H. Johnson, a real estate economist at Florida Atlantic University and a former real estate broker, says the new rules just add another layer of complexity to an already-confusing process.
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] On the closing day, ownership of the property is transferred from the seller to the buyer.
Just offshore of the Florida Keys along the edge of the Florida Straits is the Florida Reef (also known as the Florida Reef Tract), separated from the keys by the Hawk Channel. The Florida Reef extends 170 miles (270 km) from Fowey Rocks just east of Soldier Key to just south of the Marquesas Keys.
Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically for any scam that misrepresents what is being sold.
Marathon is a city in the middle of the Florida Keys, in Monroe County, Florida, United States. [5] As of the 2020 census , the city had a population of 9,689, [ 2 ] up from 8,297 in 2010 . History
A realtor lock box hanging on the doorknob of a house for sale. A real-estate lock box is a padlock-shaped box that generally hangs around the doorknob of a house that is on the market. The device holds the keys to a house to allow common access for all real estate agents, while continuing to keep them secure. [1]
Bahia Honda (/ ˈ b eɪ ə ˈ h ɒ n d ə / BAY-ə HON-də, Spanish: [baˈia ˈonda]; lit. ' deep bay ') is an island in the lower Florida Keys. U.S. 1 (the Overseas Highway) crosses the key at approximately mile markers 36-38.5, between Ohio Key and Spanish Harbor Key 12 miles (19 km) west of Marathon, close to the west end of the Seven Mile Bridge.