[Answer] Which of these Indiana properties requires a seller to complete the Seller’s Residential Real Estate Sales Disclosure?

Answer: A single-family home on five acres
Which of these Indiana properties requires a seller to complete the Seller’s Residential Real Estate Sales Disclosure?

Closing (also referred to as completion or settlement) is the final step in executing a real estate transaction.. The closing date is set during the negotiation phase and is usually several weeks after the offer is formally accepted. On the closing date the ownership of the property is transferred to the buyer. In most jurisdictions ownership is officially transferred when a deed from the …

Taxpayers who hold real estate as inventory or who purchase real estate for re-sale are considered “dealers”. These properties are not eligible for Section 1031 treatment. However if a taxpayer is a dealer and also an investor he or she can use Section 1031 on qualifying like properties . Personal use property will not qualify for Section 1031.

Closing (real estate) – Wikipedia

Internal Revenue Code section 1031 – Wikipedia

Real estate contract – Wikipedia

Closing (real estate) – Wikipedia

The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12 Chapter 27 of the United States Code 12 U.S.C. §§ 2601–2617.The main objective was to protect homeowners by assisting them in becoming better educated while shopping for real estate services and eliminating kickbacks and referral fees which add unnecessary …

Flat-fee MLS refers to the practice in the real estate industry of a seller entering into an “à la carte service agreement” with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction. A flat-fee MLS brokerage typically unbundles the services a traditional real estate brokerage offers and lists the property for sale in …

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 jurisdict…

Leave a Reply