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It is possible, however, to get a general idea of what the net proceeds from your home sale will be. Net proceeds definition. As the name implies, net proceeds in real estate is the money a ...
"Unpaired words" at World Wide Words "Absent antonyms" at 2Wheels: The Return; Words with no opposite equivalent, posted by James Briggs on April 2, 2003, at The Phrase Finder; Brev Is the Soul of Wit, Ben Schott, The New York Times, April 19, 2010; Parker, J. H. "The Mystery of The Vanished Positive" in Daily Mail, Annual for Boys and Girls ...
The modern trend in the U.S. is that the implied warranty of fitness for a particular purpose applies in the real-estate context to only the sale of new residential housing by a builder-seller and that the caveat emptor rule applies to all other real-estate sale situations (e.g. homeowner to buyer). [3]
Taxpayers who hold real estate as inventory, or who purchase real estate for re-sale, are considered "dealers". These properties are not eligible for Section 1031 treatment. However, if a taxpayer is a dealer and also an investor, he or she can use Section 1031 on qualifying like properties.
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A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...