Search results
Results from the WOW.Com Content Network
A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations (usually payment of the purchase price).
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 ...
You can ask your title company, real estate agent or lender for recommendations, too. Sumner advises checking to make sure a surveyor is licensed to practice in the state where the property is ...
A typical real estate contract specifies a date by which the closing must occur. The closing is the event in which the money (or other consideration) for the real estate is paid for and title (ownership) of the real estate is conveyed from the seller(s) to the buyer(s). The conveyance is done by the seller(s) signing a deed for buyer(s) or ...
Once an instrument affecting the title to real estate has been recorded, the law holds that everyone is deemed to know of its existence, even if they have not searched the records in the recorder's office. This is the doctrine of "constructive notice" and it is nearly universal in the various states of the U.S. So, for example, after a deed or ...
They prohibited a buyer of real property from allowing use or occupancy by members of a given race, ethnicity, or religion as specified in the title deed. Such covenants were employed by many real estate developers to "protect" entire subdivisions , with the primary intent to keep " white " neighborhoods "white".
A warranty deed is a type of deed where the grantor (seller) guarantees that they hold clear title to a piece of real estate and has a right to sell it to the grantee (buyer), in contrast to a quitclaim deed, where the seller does not guarantee that they hold title to a piece of real estate.
The Census Bureau says it is conducting the 2024 Census Survey under the authority of Title 13, U.S. Code, Sections 141, 193 and 221, and that the selected recipients are required to respond.