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  2. Mechanic's lien - Wikipedia

    en.wikipedia.org/wiki/Mechanic's_lien

    Mechanic's lien. A mechanic's lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. The lien exists for both real property and personal property. In the realm of real property, it is called by various names, including, generically, construction lien.

  3. Can a seller back out of a real estate contract? - AOL

    www.aol.com/finance/seller-back-real-estate...

    This time, usually just a few days, gives either party the chance to back out of the contract if their lawyer notices a problem. Coming to a mutual agreement: In some cases, simply asking the ...

  4. Home equity protection - Wikipedia

    en.wikipedia.org/wiki/Home_Equity_Protection

    Any protection contract is essentially providing a hedge to the owner against declining home prices. The provider (protection seller) of the contract will generally have a significant reserve in place and will also hedge their risk using housing futures from the CBOE Chicago Board Options Exchange & CME Chicago Board of Trade and other real estate short strategies to help mitigate losses.

  5. 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. The person, company, or other legal entity acquiring, receiving, and purchasing the property, stock, or ...

  6. Michael Jordan’s Illinois Mansion Is Reportedly Under ... - AOL

    www.aol.com/lifestyle/michael-jordan-illinois...

    While the final sale price is not known at this time, the property is currently listed at $14.9 million. The nine-bedroom, 15-bathroom home was originally put on the market for $29 million in ...

  7. Real estate transaction - Wikipedia

    en.wikipedia.org/wiki/Real_estate_transaction

    A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g. in the case of conveyance one party being the seller (s) and the other being the buyer (s). It can often be quite complicated due to the complexity of the property rights being transferred ...

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