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Typically, a real estate investor first enters into a contract to purchase a property and then subsequently (before closing the purchase) enters into a contract to sell the property (hopefully for a higher price). The investor then utilizes a double closing to close both transactions at approximately the same time. [1]
Spencer Lawton Jr. (July 19, 1943 – November 13, 2024) was an American attorney. He was district attorney for Chatham County, Georgia, between 1981 and 2008, [1] and for the Eastern Judicial Circuit. [2] He was known for serving as the prosecutor of preservationist James Arthur Williams in his trial for the alleged murder of Danny Hansford.
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.
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Troutman Pepper Hamilton Sanders LLP, known as Troutman Pepper, is an American law firm with more than 1,200 attorneys located in 23 U.S. cities. [1] In terms of revenue, Troutman Pepper placed 47th on The American Lawyer ' s 2022 AmLaw 100 rankings of U.S. law firms, with $1,029,503,000 in gross revenue in 2021.
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