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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.
At the Lakers' championship celebration in Los Angeles, coach Riley brashly declared that Los Angeles would repeat as NBA champions, [127] which no team had done since the 1968–69 Boston Celtics. Looking to make good on Riley's promise in the 1987–88 season , the Lakers took their seventh consecutive Pacific Division title with a 62–20 ...
The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental contracts) cover such rentals since they typically do not result in recordable deeds.
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.
The Los Angeles Lakers are an American professional basketball team based in Los Angeles that competes in the National Basketball Association (NBA), which was formerly called the Basketball Association of America (BAA). Since 1999, the Lakers have played their home games at Crypto.com Arena. [1] The franchise was founded in 1946 as the Detroit ...
The No. 13 jersey Wilt Chamberlain wore the night the Lakers clinched the 1972 NBA title is expected to sell for millions in an upcoming Sotheby's auction.
Vacant possession refers to the typical condition in which a seller must hand over a property to a buyer upon completion, or a tenant must return the property to a landlord at the end of a lease. In simple terms, it means that the rightful person, such as a buyer or a landlord, can peacefully and fully utilize the property.
The jersey features several firsts for a team uniform, with the words "Lake Show" replacing "Lakers" across the chest and a color progression that starts as black at the top and transforms into ...