Lakefront Property for Sale
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For sale by owner - For Sale By Owner (or FSBO, pronounced "fizz-bo") is a real estate term that indicates property currently for sale (or previously sold) without the assistance of a real estate agent or a REALTOR. It can also refer to the seller of such property.
Bill of sale - A bill of sale is a legal document made by a seller to a purchaser, reporting that on a specific date, at a specific locality, and for a particular sum of money or other "value received", the seller sold to the purchaser a specific item of personal, or parcel of real, property of which he had lawful possession. It may take the form of something like the following:
Contract of sale - A contract of sale is a legal contract that involves an exchange of goods, services or property to be exchanged from seller (or vendor) to buyer (or purchaser) for an agreed upon value in money (or money equivalent) paid or the promise to pay same. It is a specific type of legal contract.
Title search - A title search is an action taken prior to the sale of real property to determine whether there are any liens or other encumbrances on the property which might prevent or delay the sale of the property.
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