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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:
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 ...
In 2008, Hines REIT Properties LP, an affiliate of Hines Real Estate Investment Trust Inc., purchased the Williams Tower for $271.5 million from Transco Tower Ltd., a partnership consisting of Kuwaiti investors represented by Atlanta-based Fosterlane Management Corp. [6] The building was offered along with a parking garage, a 2.3-acre (0.93 ha ...
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
Cigna Attorney Neil Tanner of Wyncote Named 2013 Eisenhower Fellow PHILADELPHIA--(BUSINESS WIRE)-- Neil Boyden Tanner, resident of Wyncote and attorney for Cigna (NYSE: CI ) , was named one of ...
A contract attorney is a lawyer who works on legal cases on a contract basis. Such work is generally of a temporary nature, often with no guaranteed employment term. A contract attorney is An attorney temporarily hired by the law office for a specific job or period. When the job or period is finished, the relationship is over. —
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.
That year, real estate developer William Zeckendorf had his company Webb and Knapp buy the leaseholds for the land from 40 Wall Street Inc., Chase, and the estate of the Iselin family. [ 28 ] [ 144 ] Webb and Knapp also bought 32 percent of 40 Wall Street Corporation's stock, [ 28 ] [ 183 ] eventually increasing their stake to two-thirds of the ...
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