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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 ...
Though it has been thought a "will" historically applied only to real property, while "testament" applied only to personal property (thus giving rise to the popular title of the document as "last will and testament"), records show the terms have been used interchangeably. Thus, the word "will" validly applies to both personal and real property.
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 ...
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Gannett. Josh Jenke, Peoria Journal Star. May 19, 2024 at 2:09 AM. These real estate transactions, recorded the week of May 6, are compiled from information on file with Peoria, Tazewell and ...
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