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  2. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    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 ...

  3. Fixture (property law) - Wikipedia

    en.wikipedia.org/wiki/Fixture_(property_law)

    Property not affixed to real property is considered chattel property. Fixtures are treated as a part of real property, particularly in the case of a security interest . A classic example of a fixture is a building, which, in the absence of language to the contrary in a contract of sale , is considered part of the land itself and not a separate ...

  4. Purchase and sale agreement - Wikipedia

    en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

    A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.

  5. Fewer homes went under contract in December amid high rate ...

    www.aol.com/finance/fewer-homes-went-under...

    The Pending Home Sales Index, which tracks contract signings on existing homes, dropped 5.5% from November to December as mortgage rates hover near 7%. ... Just 4.06 million homes sold last year ...

  6. As is - Wikipedia

    en.wikipedia.org/wiki/As_is

    "As is" is a phrase used to indicate the existing condition of something without any modifications or improvements. [1] The term is employed in legal, business, and consumer settings to establish that an item or property is being sold or provided in its current condition, [2] [3] with no warranties or guarantees regarding its quality.

  7. How to sell your house in 2025: A step-by-step guide - AOL

    www.aol.com/finance/sell-house-2024-step-step...

    Our 9-step guide to a smooth, successful home sale. Key takeaways. The process of selling a house can take quite some time, so it’s crucial to plan ahead and stay organized.

  8. 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 ...

  9. Closing (real estate) - Wikipedia

    en.wikipedia.org/wiki/Closing_(real_estate)

    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.

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