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

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

   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 ...

3. Home Equity Theft Prevention Act - Wikipedia

   en.wikipedia.org/wiki/Home_Equity_Theft...

   The Home Equity Theft Prevention Act (HETPA, NY RPL §265-a) is a New York State law passed on July 26, 2006, to provide homeowners of residential property with information and disclosures in order to make informed decisions when approached by persons seeking a sale or transfer of the homeowner's property, particularly when homeowners are in default on their mortgage payments or the property ...

4. Rescission (contract law) - Wikipedia

   en.wikipedia.org/wiki/Rescission_(contract_law)

   t. e. In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. [1] Rescission is the unwinding of a transaction.

5. Closing costs - Wikipedia

   en.wikipedia.org/wiki/Closing_costs

   Closing costs. Closing costs are fees paid at the closing of a real estate transaction. This point in time called the closing is when the title to the property is conveyed (transferred) to the buyer. Closing costs are incurred by either the buyer or the seller. [1]

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

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

   Key takeaways. Closing on a house is a complex process that involves many steps, multiple documents and several weeks — the average time to close is 47 days. On closing day, final papers are ...

7. What is a 1099-C Cancellation of Debt form? - AOL

   www.aol.com/finance/1099-c-cancellation-debt...

   The 1099-C cancellation of debt form includes the following: Creditor’s name, address, telephone number and TIN (xxx) ... Cancellation of qualified real property business indebtedness.