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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 ...
The "estate" formed an economic system where the profits from its produce and rents (of housing or agricultural land) sustained the main household, formerly known as the manor house. Thus, "the estate" may refer to all other cottages and villages in the same ownership as the mansion itself, covering more than one former manor.
The existence of section lines made property descriptions far more straightforward than the old metes and bounds system. The establishment of standard east-west and north-south lines ("township" and "range lines") meant that deeds could be written without regard to temporary terrain features such as trees, piles of rocks, fences, and the like, and be worded in the style such as "Lying and ...
A typical law school or bar exam question on real property might say: Adam, owner of a fee simple in Blackacre, conveyed the property "to Bill for life, remainder to Charles, provided that if any person should consume alcohol on the property before the first born son of Charles turns twenty-one, then the property shall go to Dwight in fee ...
Binder – In law, a binder (also known as an agreement for sale, earnest money contract, memorandum of sale, or contract to sell) is a short-form preliminary contract in which the purchaser agrees to buy and the seller agrees to sell certain real estate under stated terms and conditions, usually in the form of a purchase offer, and is ...
Real County is a county located on the Edwards Plateau in the U.S. state of Texas. As of the 2020 census, its population was 2,758. [1] The county seat is Leakey. [2] The county is named for Julius Real (1860–1944), a former member of the Texas State Senate. The Alto Frio Baptist Encampment is located in an isolated area of Real County ...
CONSHOHOCKEN, Pa. − Jim Victor's and Marie Pelton's old farmhouse is nestled at the bottom of a hill about 15 minutes outside Philadelphia, surrounded by new, upscale townhomes and a park across ...
According to the 2010 United States Census Bureau, the city has a total land area of 22.32 square miles. [22] It has 40.39 square miles in the extraterritorial jurisdiction. [23] The city has one body of water, Lake Pflugerville, created in 2005 to serve as a water reservoir and recreation area, and two creeks, Gilleland Creek and Wilbarger Creek.