property sale
House changes hands
A property sale is the transfer of real estate from one party to another in exchange for payment.
The term covers residential homes, commercial buildings, and land.
Property sales involve legal processes including title searches, contracts, and closing procedures: The property sale closed after thirty days of escrow.
- sellerOne who trades goods
- buyerOne who acquires things
- down paymentInitial sum toward purchase
- escrowConditional third-party deposit
- contractEnforceable written agreement
deed · leasebacks · title · gazumping · conveyancing · mortgage · listings · appraisal · stamp duty · negotiations · earnest money · closing costs · completion date · title search · notary · broker · disclosure · home inspection
- asset disposaldisposal, liquidation, divestiture, resale, auction
- property transfertransfer of ownership, title, lease, conveyance, mortgage
- property transferstitle transfer, inheritance, conveyance, legal transfer, quitclaim
- Capital Gainscapital gains, capital loss, taxable gains
- liquidationsliquidation, closeout, going out of business, insolvency, receivership
- transferstransfer, money transfer, bank transfer, wire transfer, fund transfer
ownership transfer
property saleproperty rental
Paying to occupy space
lease · rental agreement · tenancy · property lease · renting