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Some properties have conservation easements, for example, which require property owners to preserve that portion of their land for the sake of natural or cultural heritage.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Marketable title (real estate) is a title that a court of equity considers to be so free from defect that it will legally force its acceptance by a buyer. Marketable title does not assume that absolute absence of defect, but rather a title that a prudent, educated buyer in the reasonable course of business would accept.
Conservation easement boundary sign. In the United States, a conservation easement (also called conservation covenant, conservation restriction or conservation servitude) is a power invested in a qualified land conservation organization called a "land trust", or a governmental (municipal, county, state or federal) entity to constrain, as to a specified land area, the exercise of rights ...
A seller, for example, would pay a total of $18,000 ($9,000 to agents on each side) on the sale of a $300,000 home. If a buyer isn't represented by an agent, the seller's agent typically would ...
In its second land deal in 1979, the trust edged out buyers from Oklahoma for 3,040 acres (1,230 ha) of land known as the Gamboa Ranch near Lucia, California. The owners of the land, 19 New York lawyers, had foreclosed on the $1 million mortgage in 1971 and in early 1979 were seeking to sell the land.