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A real estate transaction is the process whereby rights in a unit of property (or designated real estate) is transferred between two or more parties, e.g. in 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, the ...
Extraterrestrial real estate refers to claims of land ownership on other planets, natural satellites, or parts of space by certain organizations or individuals. Previous [ clarification needed ] claims are not recognized by any authority, and have no legal standing.
Real estate trends. A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental ...
Foreclosure by power of sale, also called nonjudicial foreclosure, and is authorized by many states if a power of sale clause is included in the mortgage or if a deed of trust with such a clause was used, instead of an actual mortgage.
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In 1915, the 1000 acre property was bought by Julius Jahnz for the price of $30,000, (~$653,850 in 2023) one of the highest prices paid for a real estate sale in many years. In the run up to World War I, some locals circulated a rumor that German-born Jahnz was shipping large amounts of concrete to his new property to erect a German fortress.