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A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
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 ...
The Real Estate Bank of Arkansas was a bank in Arkansas during the 1830s through 1850s. Formed in 1836, the bank had a troubled history with accusations of waste and favoritism, as well as violations of the bank's legal charter. The bank suspended specie payments in 1839 to allow it to lend out more money.
The merger also refers to the doctrine whereby "a fee simple estate, once fragmented into present and future interests, can thereafter be reconstituted. 'Merger is the absorption of a lesser estate by a greater estate, and takes place when two distinct estates of greater and lesser rank meet in the same person or class of persons at the same time without any intermediate estate.' "[1 ...
Horseshoe Lake is the namesake for the community Horseshoe Lake, Arkansas Beautiful Lake , 35°21′24″N 090°26′41″W / 35.35667°N 90.44472°W / 35.35667; -90.44472 ( Beautiful Lake ) , el. 203 feet (62
There are at least 42 named lakes and reservoirs in Chicot County, Arkansas. Lake Chicot State Park is the center of recreation and camping on Lake Chicot . Lakes
According to the United States Census Bureau, Township 7 covers an area of 61.597 square miles (159.54 km 2); 61.233 square miles (158.59 km 2) of land and 0.364 square miles (0.94 km 2) of water. Cities, towns, and villages
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