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An option contract is a type of contract that protects an offeree from an offeror's ability to revoke their offer to engage in a contract. Under the common law, consideration for the option contract is required as it is still a form of contract, cf. Restatement (Second) of Contracts § 87(1).
The proceeds from each sale of tax delinquent property are dedicated to public schools throughout the state. The Land Commissioner also serves as leasing agent for oil, natural gas, sand and gravel deposits on state lands, administers the beds of navigable rivers and streams, and is custodian of Arkansas' original land records. [4]
The approximate ceded areas shaded in orange and green in relation to the future U.S. states of Arkansas, Mississippi, and Oklahoma. The Treaty of Doak's Stand (7 Stat. 210, also known as Treaty with the Choctaw) was signed on October 18, 1820 (proclaimed and legally binding on January 8, 1821) between the United States and the Choctaw Indian tribe.
There are numerous ways that you can reduce or avoid capital gains taxes on a land sale. The best option depends on what your goals are for the money. Tips for Lowering Your Taxes.
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 ...
City leaders split on Beitner land sale. The Record-Eagle, Traverse City, Mich. Jordan Travis, The Record-Eagle, Traverse City, Mich. August 15, 2023 at 8:34 AM.