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The Real Estate Bank of Arkansas was a bank in Arkansas during the 1830s through 1850s. Formed in 1836, the bank had a troubled history with accusations of waste and favoritism, as well as violations of the bank's legal charter. The bank suspended specie payments in 1839 to allow it to lend out more money.
These laws can govern your mortgage relief options if you are already in foreclosure, how to post a Notice of Sale, the sale timeline and other parts of the process. Step 1: Missed mortgage payments
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
Home Building & Loan Association v. Blaisdell, 290 U.S. 398 (1934), also called the Minnesota Mortgage Moratorium Case, was a decision of the United States Supreme Court holding that Minnesota's suspension of creditors' remedies was not in violation of the Contract Clause of the United States Constitution. [1]
Arkansas Game and Fish Commission v. United States, 568 U.S. 23 (2012), is a decision by the Supreme Court of the United States holding that it was possible for government-induced, temporary flooding to constitute a "taking" of property under the Fifth Amendment to the U.S. Constitution, such that compensation could be owed to the owner of the flooded property.
Sales and use taxes in Arkansas are voter approved and collected by the Arkansas Department of Finance and Administration. Arkansas's statewide sales and use tax has been 6.5% since July 1, 2013. [60] Washington County has an additional sales and use tax of 1.25% since December 1, 2004.