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2. Option fee - Wikipedia

   en.wikipedia.org/wiki/Option_fee

   One distinctive feature of residential real estate contract forms promulgated by the TREC is the "termination option." The termination option paragraph of the contract gives a potential buyer, in return for paying an "option fee" to the seller, the unrestricted right to terminate the contract by giving notice of termination to the seller within ...

3. Can a seller back out of a real estate contract? - AOL

   www.aol.com/finance/seller-back-real-estate...

   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 ...

4. What's an HOA and do you have to join? What Texas law says ...

   www.aol.com/whats-hoa-join-texas-law-110513942.html

   According to the American National Bank of Texas, average HOA dues in Texas range from around $100 a year to more than $1,000 per month, but they can be higher in some communities with more ...

5. Rescission (contract law) - Wikipedia

   en.wikipedia.org/wiki/Rescission_(contract_law)

   First, where a party to a contract exercises an express right of termination, he or she is sometimes said to have exercised a right to rescind the contract. Secondly, where a party is faced with a repudiation, the party can elect to terminate the contract; this too has often been referred to as an election to rescind. "Rescission" at common law.

6. Homeowner association - Wikipedia

   en.wikipedia.org/wiki/Homeowner_association

   A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.

7. Is your HOA heaven or hell? In Texas, buying a house almost ...

   www.aol.com/hoa-heaven-hell-texas-buying...

   There are now more than 21,000 HOAs in Texas enforcing rules for 2 million homes. How did they become so powerful? Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call ...

8. Termination fee - Wikipedia

   en.wikipedia.org/wiki/Termination_fee

   Termination fees are common to service industries such as cellular telephone service, subscription television, and so on, where they are often known as early termination fees. For instance, a customer who purchases cellular phone service might sign a two-year contract, which might stipulate a $350 fee if the customer breaks the contract ...

9. Tax sale - Wikipedia

   en.wikipedia.org/wiki/Tax_sale

   A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...