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  2. Estoppel certificate - Wikipedia

    en.wikipedia.org/wiki/Estoppel_certificate

    Estoppel certificate. An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [1] It is used in a variety of countries for commercial and ...

  3. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental ...

  4. 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 ...

  5. Guide to closing on a house: What to expect during the ... - AOL

    www.aol.com/finance/guide-closing-house-expect...

    Purchase agreement: This is a binding contract that spells out the terms of a real estate transaction. Signing it finalizes the purchase of a property. Signing it finalizes the purchase of a property.

  6. Due-on-sale clause - Wikipedia

    en.wikipedia.org/wiki/Due-on-sale_clause

    Due-on-sale clause. A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note. The lender has the right, but not the obligation, to call the note due in such a circumstance.

  7. Real estate contracts tend to favor developers. What ... - AOL

    www.aol.com/news/real-estate-contracts-tend...

    The contract set a completion date of Sept. 1, 2020, and an “outside date” for a certificate of occupancy and closing within six months, or by March 1, 2021.

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