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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. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental ...
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 conventional real estate contracts, a seller does not provide a loan to the ...
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 multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
425 Agreements can be effective for many decades. At the end of the term of the agreement, the agreement itself defines what should happen to the affected land at the termination of the contract. The law permits for the parties to agree for the land to revert to the original party or permanently attached to the other party.
Farwell is a village in Clare County in the U.S. state of Michigan. The population was 880 at the 2020 census . The village is located within Surrey Township about 4.0 miles (6.4 km) west of the city of Clare .
According to the United States Census Bureau, the township has a total area of 35.78 square miles (92.67 km 2), of which 34.84 square miles (90.24 km 2) is land and 0.94 square miles (2.43 km 2) (2.63%) is water. [5] Hanover Township is in southwest Jackson County, bordered to the south by Hillsdale County.
US 10 enters through the township from the west and briefly runs concurrently with US 127.; US 127 runs south–north through the center of the township.; Bus. US 10 is a business loop route that runs briefly north out of the city of Clare.
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