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2. Merger doctrine (property law) - Wikipedia

   en.wikipedia.org/wiki/Merger_doctrine_(property_law)

   Merger of real property lots. Merger also refers to the doctrine whereby "a fee simple estate, once fragmented into present and future interests, can thereafter be reconstituted. 'Merger is the absorption of a lesser estate by a greater estate, and takes place when two distinct estates of greater and lesser rank meet in the same person or class ...

3. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental ...

4. Good guy clause - Wikipedia

   en.wikipedia.org/wiki/Good_guy_clause

   Property law. A good guy clause, typically found in rental agreements in New York City, is a provision that allows a tenant to be released from the liability of completing the agreed upon rental period, assuming the tenant vacates the rented space and leaves it in favorable condition.

5. Can a seller back out of a real estate contract? - AOL

   www.aol.com/finance/seller-back-real-estate...

   A buyer who has entered into a contract with a seller who wants to back out should consult a real estate attorney. If the buyer wants to take the case to court, they may have grounds to sue the ...

6. Rule against perpetuities - Wikipedia

   en.wikipedia.org/wiki/Rule_against_perpetuities

   e. The rule against perpetuities is a legal rule in common law that prevents people from using legal instruments (usually a deed or a will) to exert control over the ownership of private property for a time long beyond the lives of people living at the time the instrument was written. Specifically, the rule forbids a person from creating future ...

7. Land contract - Wikipedia

   en.wikipedia.org/wiki/Land_contract

   Land contract. A land contract, (also known as contract for deed or agreement for deed ), is a contract between the buyer and seller of real property in which the seller provides the buyer financing in the purchase, and the buyer repays the resulting loan in installments. Under a land contract, the seller retains the legal title to the property ...