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Although the original estate had included over 1,000 acres of land, by the time of the sale listing, development had pared the size down to 12.5 acres. [2] Although the developer-owners Darlington Associates tried to sell the 45,000-square-foot mansion and 12.5 acres for $25 million, the property was later re-listed at $11 million.
Initially, the business located repossessed houses and sold the information to real estate agents, expanding by 1998 to cover 100,000 properties in the state of California. [7] [10] In 1996 White teamed up with Hughes Aircraft Research Engineer Ronald Schwarzrock to found Realtytrac Information Systems LLC, with Keane as the lead programmer.
When a provision of law requires that repossession takes place, the lien holder has a non-delegatable obligation not to cause a breach of the peace (which is synonymous with disturbing the peace) in performing the repossession or the repossession will be reversed, and the party ordering the repossession will be liable for damages (or the lienholder will be held responsible).
Blighted land in Philadelphia. Land banking is the practice of aggregating parcels of land for future sale or development.. While in many countries land banking may refer to various private real estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities tasked with managing an inventory of surplus land.
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The Beehive House: built in 1854 by Brigham Young, the house is located in Salt Lake City, Utah. The house gets its name from the beehive sculpture atop the house. The Lion House: a second residence built by Brigham Young in 1856. Located in Salt Lake City, Utah, it was built to accommodate his large family due to a polygamous lifestyle.
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