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A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
During the 20th century, Long Island (and the US as a whole) saw a pattern of mass suburbanization. [1] Levitt and Sons – one of the most famous real estate firms of the 20th century – built many housing developments across Long Island (and the US, as a whole), including Levittown, New York – which is widely considered as being America's first mass-produced suburb, and also as the ...
Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...
The merger also refers to the doctrine whereby "a fee simple estate, once fragmented into present and future interests, can thereafter be reconstituted. 'Merger is the absorption of a lesser estate by a greater estate, and takes place when two distinct estates of greater and lesser rank meet in the same person or class of persons at the same time without any intermediate estate.' "[1 ...
A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:
A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate.The sale of land is governed by the laws and practices of the jurisdiction in which the land is located.
A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...
Medford is crossed by several busy roadways, including Horseblock Road (Suffolk CR 16), New York State Route 112, Patchogue-Yaphank Road/Sills Road (Suffolk CR 101) and the Long Island Expressway. Public transportation in Medford has been provided at Medford station by the Long Island Rail Road since the hamlet was created.
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