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Pocono Palace Resort sold for almost $18 million. Here's what's next for the iconic property.
Caesars extended its presence in the Poconos, buying the Paradise Stream Resort in 1973, the Pocono Palace in 1976, [12] and Brookdale-on-the-Lake in 1983, which it renamed as Caesars Brookdale. [13] The firm returned to the computer industry in 1976, buying 80 percent of Ontel Corporation (Woodbury, NY), a maker of all-in-one PCs. [14]
The real estate investment trust announced that it has closed a deal to acquire the Camelback Mountain Resort in the Poconos Mountain region of Pennsylvania. The price is roughly EPR Properties ...
The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the ...
[10] In January 1971 Life magazine featured a two-page photograph of a couple smooching in one of the red-tiled "sweetheart tubs" at Cove Haven. They described it as "affluent vulgarity." [2] [11] The heart-shaped tub became a symbol of the Pocono resort business. [12] [13] Rival resorts also installed heart-shaped tubs, as Wilkins had never ...
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A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...