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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 ...
Another sale contingency – Purchase or sale of the real estate is contingent on a successful sale or purchase of another piece of real estate. The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a ...
Thus, if Oscar purports to sell a piece of land to Alice for $100,000, and the next day purports to sell exactly the same piece of land to Bob for another $100,000, then whichever of the two buyers is the first to reach the recording office and have the sale recorded will be deemed the owner of the property.
When Bailey Davis lost her engagement ring just two weeks after her proposal, she felt so bad that she called out of work. But in a little over 24 hours, a traumatic experience turned into an ...
The Sidney, Ohio, police department is looking for answers after a mysterious human finger was found in the parking lot of a local Walmart. On Sunday, Feb. 18, Sidney police responded to the ...
"His hair was still on fire when he was out," an eyewitness said of the sole survivor
In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).
Historically, engagement rings were blessed and then worn during the betrothal ceremony of a couple, [1] [2] but neither the engagement ring nor any other ring is worn at the time when the wedding ring is put by the groom on the finger of the bride as part of the marriage ceremony, and sometimes by the bride onto the groom's finger. [3]