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  1. Jul 31, 2015 · In this article: Real Estate Owned (REO) is residential property that a lender becomes an owner of after they complete a foreclosure and take possession of the property. As a homebuyer, you might see properties listed as real estate owned, REO, or bank-owned, which all mean the same thing. Below are the facts you must know about buying an REO.

  2. Jul 11, 2023 · A co-op, or housing cooperative, is a form of real estate homeownership that allows residents of a building or group of buildings to hold ownership of the property as shareholders. Each resident holds a share in the cooperative corporation and has a say in how the co-op is run. When you live in a co-op, rather than owning your individual unit ...

  3. Nov 21, 2023 · In legal terms, an appurtenance is something belonging to a larger entity, for example, improvements to a property that are immovable, or fixed, to the land: a barn, a fence, a house, or a furnace ...

  4. Feb 20, 2024 · 2. Within the real estate investor industry, “off market” is a term used to identify a house that has been sold outside of the MLS, meaning it was never publically posted as a property for sale. Investors will search for this second type of off-market property using a variety of strategies, including perusing sites like Zillow.

  5. 3 days ago · Arm's Length Transaction: In an arm's length transaction is a [transaction in which the buyers and sellers of a product act independently and have no relationship to each other. The concept of an ...

  6. Jan 9, 2020 · See Mosell Realty Corp. v. Schofield, 183 Va. 782, 790, 33 S.E.2d 774, 777 (1945)[The inherent or implied authority of a corporate president is limited to acts within the ordinary course of its business and does not extend to extraordinary and unusual transactions such as the sale and purchase of real estate that is the major or only asset of the Company.]

  7. Qualifications for director, real estate. Constantly perform desk-based computer tasks, frequent stand/walk, and use a telephone. Occasionally write by hand, occasionally lift/carry/push/pull objects that up to 10 pounds, grasp lightly/fine manipulations. Functional real estate expertise.

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