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The position was created by the Arkansas General Assembly as the Commissioner of Immigration and State Lands in 1868. [5] had control over public works in the state, which eventually included road improvements. Under the Arkansas Constitution of 1874, [Note 2] the position became an elected office. [5]
An estate sale may also occur because the property owner will be moving or has moved into a new residence where they will be unable to keep their property, such as an assisted living facility, a retirement community, a rest home, or the home of a family member, or in the event of divorce, foreclosure, or relocation.
After Arkansas became a state, the 1836 establishment of the Real Estate Bank of Arkansas was the first piece of legislation passed by the new government. Politically, the bank was widely supported. Two Whigs , Anthony H. Davies and John Ringgold, produced the charter for the bank, and the legislature that approved its creation was controlled ...
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Arkansas does not levy an estate tax. The federal government does have an estate tax, though, and Arkansas residents may be subject to that if the value of their estate is high enough. This guide ...
When the remaining mortgage balance is higher than the actual home value, the foreclosing party is unlikely to attract auction bids at this price level. A house that has gone through a foreclosure auction and failed to attract any acceptable bids may remain the property of the owner of the mortgage. That inventory is called REO (real estate ...
Bill Clinton had known Arkansas businessman and political figure Jim McDougal since 1968, and had made a previous real estate investment with him in 1977. [10] In the spring of 1978, McDougal proposed that the Clintons join him and his wife, Susan, in buying 230 acres (93 ha) of undeveloped land along the south bank of the White River near ...
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