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The two would get into real estate development once again and buy over 3,000 vacant lots from Atlantic. It was part of a plan by Atlantic to get $200 million to sell off half of the 87,000 acres and 9 water processing plants it had, but this idea "never fully materialized," with Atlantic filing for bankruptcy protection in 2001.
In the United States, public auctions to satisfy judgments are usually conducted under the authority of the sheriff of the county or city in which the property to be auctioned was seized pursuant to the judgment, and an auction held for such a purpose is also called a sheriff's sale or sheriff sale. [5] [6] [7]
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Much of South Florida’s housing market is expected to remain resilient since the legislation was modified, according to a real estate lawyer, consultant and broker interviewed for this story.
Leonard and Jack Rosen began their business career as street vendors in Baltimore. [4] They used the earnings of their original business and high interest loans advanced by Chicago financier, Jay Pritzker to set up a real estate development company selling yet-to-be developed plots of land in the northwest Florida Everglades to prospective homeowners from the Northeast and Midwest.
Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically for any scam that misrepresents what is being sold.
A group of Chinese citizens living in Florida, as well as a real estate firm working mostly with Asian and Asian American clients, questioned the law in the Sunshine State, claiming it was ...
In the late 1990s, the Babcock family sought to sell the ranch to the state of Florida. The property was considered a priority for purchase by conservation leaders who saw it as the final section needed to establish an environmental corridor stretching from Lake Okeechobee in the center of Florida to the Charlotte Harbor Estuary on Florida's Gulf Coast.