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Jeff Wippich, owner of Encompass Home Inspections, inspects a property that is for sale on Friday, February 2, 2024 in Neenah, Wis. Wm. Glasheen USA TODAY NETWORK-Wisconsin
When the rightful owner finds out a property has been sold to someone else or has a lien on it from a loan, the person responsible is gone and the homeowner is left to pick up the pieces, she said.
The value of all properties in Wisconsin Rapids went from over $900 million in 2018 to over $1.4 billion in the new assessment, the city assessor said. Wisconsin Rapids officials recently ...
Sometimes referred to as the Brady bill loophole, [11] the Brady law loophole, [12] the gun law loophole, [13] or the private sale loophole, [14] [15] [16] the term refers to a perceived gap in laws that address what types of sales and transfers of firearms require records and or background checks, such as in the Brady Handgun Violence Prevention Act. [17]
Due-on-sale clause. A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note. The lender has the right, but not the obligation, to call the note due in such a circumstance.
v. t. e. Equitable conversion is a doctrine of the law of real property under which a purchaser of real property becomes the equitable owner of title to the property at the time he/she signs a contract binding him/her to purchase the land at a later date. The seller retains legal title of the property prior to the date of conveyance, but this ...
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