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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. Title insurance - Wikipedia

    en.wikipedia.org/wiki/Title_insurance

    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 ...

  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. Private transfer fee - Wikipedia

    en.wikipedia.org/wiki/Private_transfer_fee

    Private transfer fee. A private transfer fee covenant [1] is a legal instrument that is filed in the real property records, which imposes an assessment payable in connection with a series of future transfers of title to certain real property. The assessment [2] can be for a fixed amount or a percentage of the sales price, and typically runs for ...

  6. What are real estate transfer taxes? - AOL

    www.aol.com/finance/real-estate-transfer-taxes...

    A real estate transfer tax, sometimes called a deed transfer tax or documentary stamp tax, is a one-time tax or fee imposed by a state or local jurisdiction upon the transfer of real property. In ...

  7. Extraterrestrial real estate - Wikipedia

    en.wikipedia.org/wiki/Extraterrestrial_real_estate

    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 ...

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