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2. Equitable conversion - Wikipedia

   en.wikipedia.org/wiki/Equitable_conversion

   Equitable conversion is a doctrine of the law of real property under which a purchaser of real property becomes the equitable owner of title to the property at the time he/she signs a contract binding him/her to purchase the land at a later date. The seller retains legal title of the property prior to the date of conveyance, but this land ...

3. Lease purchase contract - Wikipedia

   en.wikipedia.org/wiki/Lease_purchase_contract

   Lease purchase contract. A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.

4. Multiple listing service - Wikipedia

   en.wikipedia.org/wiki/Multiple_listing_service

   Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.

5. Who pays closing costs, the buyer or the seller? - AOL

   www.aol.com/finance/pays-closing-costs-buyer...

   In a real estate transaction, people naturally focus on the immediate, upfront expenses. If you’re the buyer, that means the home’s purchase price and the down payment; for sellers, it might ...

6. Purchase and sale agreement - Wikipedia

   en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

   A purchase and sale agreement ( PSA ), also called a sales and purchase agreement ( SPA) [ 1] or an agreement for purchase and sale ( APS ), [ 2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets. The person, company, or other legal entity acquiring, receiving, and purchasing the property ...

7. Land contract - Wikipedia

   en.wikipedia.org/wiki/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 but permits ...