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Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. [6] The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world.
Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...
Title insurance. Title insurance is a form of indemnity insurance predominantly found in the United States and Canada which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans. Unlike some land registration systems in countries outside the United States, US states ...
v. t. e. In property law, a concurrent estate or co-tenancy is any of various ways in which property is owned by more than one person at a time. If more than one person owns the same property, they are commonly referred to as co-owners. Legal terminology for co-owners of real estate is either co-tenants or joint tenants, with the latter phrase ...
Dennis Hope, an entrepreneur in the U.S., sells extraterrestrial real estate. In 1980, he started his own business, the Lunar Embassy Commission. Hope claimed to have sold 2.5M 1-acre (0.40 ha; 4,000 m 2) plots on the Moon as of 2009, for around US$20 per acre (US$50/ha). He allocates land to be sold by closing his eyes and randomly pointing to ...
The Commonwealth Title Insurance and Trust Company of Philadelphia was incorporated in 1886. [10] In 1928 it merged with the Provident Trust Company which turned its title insurance business over to a wholly owned subsidiary known as Commonwealth Title Insurance Company. [11] The newly formed subsidiary quickly consolidated the title insurance ...
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