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How do appraisers determine if the contract price accurately reflects the value of a property?
Appraisers determine if the contract price accurately reflects the value of a property by comparing it to similar properties that have recently sold in the same area. They also consider the condition of the property, any improvements or renovations, and market trends.
Can a lien be filed against property once owned and now sold to another party?
Once the owner has sold the property it's too late for you to file any lien against that property.
When a sheriff sale occurs what does sold for coststaxes to plaintiff mean?
Sold to plaintiff for costs and taxes at a sheriff's sale means the property or item was sold for just its maintenance costs and any applicable taxes. It indicates that the price the item sold for is below its estimated market value.
What is the subject of a contract of sale?
Any item being sold. It must be a defined item and can vary from a piece of property to a small item such as a pencil. The item description, the price and delivery date are the key items.
What is the subject of contract of sale?
Any item being sold. It must be a defined item and can vary from a piece of property to a small item such as a pencil. The item description, the price and delivery date are the key items.
How much a house sold for?
A house can be sold for basically any price. It really just depends on the size, location, and quality of the home being sold.
What can copyrights do?
This right can be bought, sold, and licensed, just as any other rights in property
How long should an item be on sale be for it can be sold at a sale price?
You don't have to have an item on sale for any length of time before it can be sold at a sale price. It can go immediately on sale.
What information should be included in a bill of sale for a house?
A bill of sale for a house should include the names of the buyer and seller, the property address, the sale price, the date of the sale, a description of the property being sold, any included appliances or fixtures, and signatures of both parties.
Can you sell properties to other players in Monopoly?
Yes, in Monopoly, players can sell properties to each other during the game. This can be done at any time, as long as both players agree on a price for the property being sold.
If your trailer home was repossessed and sold are you responsible for the remaining balance of the loan?
Yes. You are responsible to repay every cent of the loan plus the stated interest rate and the default interest rate if any is stated in the loan papers. The lender is allowed to take possession of your property if you fail to make the scheduled payments on the loan. However, by the time the lender repossesses the property, the value of that property has usually gone down due to neglect or abuse of said property. The lender is bound to get the best sales price for the property. If you owed $10,000 on the loan and the property was sold for $12,000, the lender has to return the extra $2,000 to you. However, if you owed $10,000 and the property sold for $8,000, you would be responsible to pay the $2,000.
In the us free enterprise system, property rights give businesses the right to?
sell their property at any price they want (apex)
