Sale of Real Property (Land) - Explained

Sale of Real Property (Land) - Explained

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Business, Social Studies

University

Hard

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The video tutorial explains the legal procedures for buying or selling real property. It defines real property, discusses the importance of recording ownership in a public office, and outlines the contract requirements under the Statute of Frauds. The roles of various participants, such as buyers, sellers, lenders, and brokers, are detailed. The video also covers contract provisions, the closing process, and the types of insurance involved in property transactions.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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