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The corporate board votes to authorize the company, through its officers, to purchase a property. The officers obtain the necessary financing for the transaction and designate an authorized officer to sign any necessary papers. A certificate from the corporate clerk may be required to authorize a third-party loan to the corporation or even for seller financing, including representations that the transaction is authorized by the board. The corporate attorney or officer then works with the sellers to craft the necessary deed naming the corporation as the grantor, to obtain title insurance, and all the ordinary acts of buying a property.
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What is the symbol for Altisource Residential Corporation in the NYSE?
The symbol for Altisource Residential Corporation in the NYSE is: RESI.
What kind of services does Ocwen Financial Corporation offer?
Ocwen Financial Corporation provides services such as REO - foreclosed property sales, residential servicing, commercial servicing and investor services.
What is the market cap for Altisource Residential Corporation RESI?
As of July 2014, the market cap for Altisource Residential Corporation (RESI) is $1,504,505,708.72.
Can a corporation assume a residential mortgage?
Type your answer here... No, if the business is a corporation.
What sort of properties are owned by the Southern Management Corporation?
The Southern Management Corporation is the largest privately owned residential property management company in the Baltimore, Maryland area. This company manages over 24,000 apartments.
What is an example of a corporation?
Corporation is a legal entity created under state laws which can open a bank account, purchase property, enter into contracts and operate a business
What is An example of corporation?
Corporation is a legal entity created under state laws which can open a bank account, purchase property, enter into contracts and operate a business
What is example of corporation?
Corporation is a legal entity created under state laws which can open a bank account, purchase property, enter into contracts and operate a business
Where can one purchase residential boilers?
One can purchase residential boilers from a variety of retailers. One can purchase residential boilers from retailers online such as HouseNeeds, PexSupply, and BuyPlumbing.
When do you have to have a certified general appraisal?
A Certified General Appraiser is required if the property is a non-residential property or a residential property that exceeds four units.
Can you have residential property and commercial property on the same land?
In some areas you can have residential property and commercial property on the same land. It will depend on what the area is zoned for. Some areas are strictly residential, some are strictly commercial, and some are mixed.
Can residential property be levied to pay debt?
Yes residential property can be levied to pay back a debt. It is common for a bank to put a levy on a property.
