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2. Land contract - Wikipedia

   en.wikipedia.org/wiki/Land_contract

   An initial down payment from the buyer to the seller is usually also required. The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more ...

3. Recording (real estate) - Wikipedia

   en.wikipedia.org/wiki/Recording_(real_estate)

   The names of these offices are usually the "Recorder of Deeds" or something similar. State statutes also prescribe the following elements: What instruments are entitled to be recorded, usually deeds, mortgages (whether or not in the form of deeds of trust), leases (usually longer term varieties), easements, and court orders. There is generally ...

4. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   Sometimes, signing buyer(s) may direct a lawyer preparing the deed separately what type of ownership to list on the deed and may decide to add a joint owner(s), such as a spouse, to the deed. For example, types of joint ownership (title) may include tenancy in common, joint tenancy with right of survivorship, or joint tenancy by the entireties.

5. Title (property) - Wikipedia

   en.wikipedia.org/wiki/Title_(property)

   When the conditions on the sale contract have been met, legal title passes to the buyer in what is known as closing. In England and Wales , the terms "purchaser" and "vendor" are used. [ 1 ] Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality.

6. Deed of reconveyance: What it is and how it works - AOL

   www.aol.com/finance/deed-reconveyance-works...

   Unless you purchase a home entirely with cash, it’s likely that you’ll have a mortgage on the property. Let’s say you take out a mortgage from a lender for $300,000 to buy your home.

7. Purchase and sale agreement - Wikipedia

   en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

   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.

8. Co-signer rights & responsibilities: How co-signing works - AOL

   www.aol.com/finance/co-signer-rights...

   What is the difference between a co-signer and a co-borrower? There are two types of parties that can apply for a loan alongside the primary borrower: a co-signer and a co-borrower .

9. Who pays closing costs, the buyer or the seller? - AOL

   www.aol.com/finance/pays-closing-costs-buyer...

   Both buyers and sellers typically pay closing costs, and the amount can vary depending on several factors, including the price of the home, the sort of mortgage the buyer gets, which state the ...