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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.
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
In English common law, real property, real estate, immovable property or, solely in the US and Canada, realty, refers to parcels of land and any associated structures which are the property of a person. For a structure (also called an improvement or fixture) to be considered part of the real property, it must be integrated with or affixed to ...
The language of real estate contracts is typically written to protect buyers. And in many cases, a home seller who reneges on a purchase contract can be sued for breach of contract.
Bell County is a county in the U.S. state of Texas. It is in Central Texas and its county seat is Belton. [1] As of the 2020 census, its population was 370,647. [2] [3] Bell County is part of the Killeen–Temple, Texas, Metropolitan Statistical Area. The county was founded in 1850 and is named for Peter Hansborough Bell, the third governor of ...
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Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics. The location also plays a key role in valuation.
In 2021, Abbott signed into law the “Lone Star Infrastructure Protection Act,” which the Texas legislature unanimously passed to ban Texas governmental entities and businesses from entering ...