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  2. Listing contract - Wikipedia

    en.wikipedia.org/wiki/Listing_contract

    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:

  3. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    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 ...

  4. For sale by owner - Wikipedia

    en.wikipedia.org/wiki/For_sale_by_owner

    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.

  5. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    Identify the real estate (property): At least the address, but preferably the legal description must be on the contract. Identify the purchase price: The amount of the sales price or a reasonably ascertainable figure (an appraisal to be completed at a future date) must be on the contract.

  6. Real estate transaction - Wikipedia

    en.wikipedia.org/wiki/Real_estate_transaction

    A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g. in the case of conveyance one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...

  7. Title (property) - Wikipedia

    en.wikipedia.org/wiki/Title_(property)

    When a contract for the sale of land is executed, equitable [interest/title] passes to the seller to the buyer. When the conditions on the sale contract have been met, legal title passes to the buyer in what is known as closing. In England and Wales, the terms "purchaser" and "vendor" are used. [1]

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