Estate Sale definition

Estate Sale means the liquidation by sale at auction of real or personal property of a specified person.
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Estate Sale means a sale, to which the public is invited, of physical assets, suited primarily for household or personal use, owned by one or more individuals or families, or by the estate of a deceased individual. Estate sale does not include an auction.
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Estate Sale means the sale of property of a specified deceased person or the property of a specified living person’s estate.”
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Examples of Estate Sale in a sentence

  • The Purchase Agreement documents: Terms of the salePriceExpectations The Real Estate Sale Contract is a contractual commitment from both parties regarding the purchase and the terms of the sale.

  • This Commercial Real Estate Sale Contract ("Contract") is made by and between City of Bel Aire Land Bank ("Seller") and Xxxxxxx Properties, LLC, a Kansas limited liability company, and/or assigns ("Buyer"), and is effective as of the date and time of acceptance on the signature page of this Contract (the "Effective Date").

  • Interest on the Principal Balance shall accrue at 10 the rate of % per annum from the Closing Date identified in the Real Estate Sale Agreement (“Sale 11 Agreement”) between the parties and shall be paid in monthly installments of not less than 12 $ principal including interest (“Installment” or “Installments”), with the first Installment 13 due on the first day of , 20 , and subsequent Installments due on the first day of each 14 month thereafter until paid in full.

  • To that end, the Town and Developer entered into a Real Estate Sale and Purchase Agreement in January, 2020.

  • Xxxxx Title: Mayor Z:\NLRSD\General\Real Estate Sale and Donation Agreement (North Heights).docx STATE OF ARKANSAS ) ) ss.

  • This Agreement shall not become effective unless and until the Museum is constructed and conveyed to the Foundation pursuant to the terms of the Real Estate Sale Contract by and between the Owner and Foundation.

  • With reference to this Real Estate Sale by Public Auction on this day, , 2016, for the Property known as 000 XXXX XXXXX XXXXXX, XXXXXXXXXX, XX 00000, (the “Premises”).

  • Xxxxxx and Purchaser have heretofore entered into that certain Real Estate Sale Agreement with an effective date of November 30, 2020, as amended by that certain First Amendment to Real Estate Sale Agreement dated as of January 14, 2021 (collectively as so amended the “Purchase and Sale Agreement”) relating to that certain property commonly known as 0000 Xxxx Xxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx (as more particularly described in the Purchase and Sale Agreement, the “Subject Property”).

  • If the Property is not a condominium or a cooperative, then prior to closing, Seller shall furnish to the buyer at least 5 days prior to closing a survey by a 193 licensed land surveyor dated not more than 6 months prior to date of closing (as defined in the Seller's Real Estate Sale Contract) showing the present location of all 194 improvements on the Property.

  • Download this commercial real estate sale agreement template is the example of the template that is available for our customers to make their task easy and simple.asapcashhomebuyers.comDetailsFile FormatSize: 260.6 KBDownloadIn case you want to sell the residential area to a buyer whom you think is best for handling the property then download this Residential Real Estate Sale Agreement Template to complete the whole process with an agreement.


More Definitions of Estate Sale

Estate Sale signage may be placed at the entrance and outside of the Unit on the day of the Sale and only for the hours of the approved Sale. All signage must be removed at the end of the designated sale hours.
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Estate Sale means the sale of Common Stock by the estate of any person included in the Spell Group following the death of such Person.
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Estate Sale means any general sale to the public of various new or used objects and personal property from a property by the persons vested with the estate of the owners of the property;
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Estate Sale means the process whereby the estate trustee(s) of an estate proceed with the sale of a property and the dispersal of the proceeds received from such sale to the beneficiaries of the estate.
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Related to Estate Sale

  • Real estate salesperson means an individual who for compensation or valuable consideration is employed either directly or indirectly by a licensed real estate broker to sell or offer to sell, buy or offer to buy, provide or offer to provide market analyses of, list or offer or attempt to list, or negotiate the purchase, sale, or exchange of real estate; to negotiate the mortgage of real estate; to negotiate for the construction of a building on real estate, or to lease or offer to lease, or rent or offer for rent, real estate; who is employed by a real estate broker to engage in property management; or who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others, as a whole or partial vocation.

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Real estate transaction or "transaction" means an actual or prospective transaction involving a purchase, sale, option, or exchange of any interest in real property or a business opportunity, or a lease or rental of real property. For purposes of this chapter, a prospective transaction does not exist until a written offer has been signed by at least one of the parties.

  • Estate means, as to each Debtor, the estate created for the Debtor in its Chapter 11 Case pursuant to section 541 of the Bankruptcy Code.

  • Real means, in the context of offset projects, that GHG reductions or GHG enhancements result from a demonstrable action or set of actions, and are quantified using appropriate, accurate, and conservative methodologies that account for all GHG emissions sources, GHG sinks, and GHG reservoirs within the offset project boundary and account for uncertainty and the potential for activity- shifting leakage and market-shifting leakage.

  • Real estate sign means a temporary non-illuminated sign installed, erected or displayed on a property for the notification that a building, premises or portion thereof is offered for sale, rent or lease;

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

  • Permitted Asset Swap means the concurrent purchase and sale or exchange of Related Business Assets or a combination of Related Business Assets and cash or Cash Equivalents between the Borrower or a Restricted Subsidiary and another Person; provided that any cash or Cash Equivalents received must be applied in accordance with Section 10.4.

  • Permitted Sale and Leaseback Transaction has the meaning provided in Section 3.02(b).

  • State property means any building, land, or other real property owned, leased, or occupied by any department, agency, or instrumentality wholly owned by the State, unless, with respect to any building, land, or other real property leased or rented by the State, the lease or rental agreement shall prohibit the establishment of such vending facilities.

  • Gross estate means the gross estate, for federal estate tax purposes.

  • Permitted Sale means those sales, transfers or assignments permitted by the Credit Agreement.

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • Principal Property means any manufacturing plant or manufacturing facility, located within the United States of America (other than its territories and possessions), owned or leased by the Company or any Restricted Subsidiary, unless, in the opinion of the Board of Directors, such plant, facility or property is not of material importance to the total business conducted by the Company and its Restricted Subsidiaries as an entirety.

  • Sale and Lease-Back Transaction shall have the meaning assigned to such term in Section 6.03.

  • Sale and Leaseback means, with respect to any Person, the sale of Property owned by that Person (the “Seller”) to another Person (the “Buyer”), together with the substantially concurrent leasing of such Property by the Buyer to the Seller.

  • Apartment shall have the meaning ascribed to it in Recital H;

  • Net estate means the gross estate less those items specified in Iowa Code section 450.12 as deductions in determining the net shares of property of each heir, beneficiary, surviving joint tenant, or transferee. In re Estate of Waddington, 201 N.W.2d 77 (Iowa 1972). The total of all net shares of an estate must equal the total of the net estate.

  • Minority Interest means the percentage interest represented by any shares of stock of any class of Capital Stock of a Restricted Subsidiary of the Company that are not owned by the Company or a Restricted Subsidiary of the Company.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Permitted Sale Leaseback means any Sale Leaseback consummated by the Borrower or any of the Restricted Subsidiaries after the Original Closing Date, provided that any such Sale Leaseback not between (a) a Credit Party and another Credit Party or (b) a Restricted Subsidiary that is not a Credit Party to another Restricted Subsidiary that is not a Credit Party is consummated for fair value as determined at the time of consummation in good faith by (i) the Borrower or such Restricted Subsidiary and, in the case of any Sale Leaseback (or series of related Sales Leasebacks) the aggregate proceeds of which exceed $100,000,000, (ii) the board of directors of the Borrower or such Restricted Subsidiary (which such determination may take into account any retained interest or other Investment of the Borrower or such Restricted Subsidiary in connection with, and any other material economic terms of, such Sale Leaseback).

  • College property means any property owned, leased, or controlled by a member college of the Virginia Community College System and the administrative office of the Virginia Community College System.

  • Real estate related financial transaction means any transaction involving:

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Permitted Sale-Leaseback Transaction means any Sale Lease-Back Transaction by the Company or any of its Subsidiaries, provided that (i) the proceeds of the respective Sale Lease-Back Transaction shall be entirely cash and in an amount at least equal to 95% of the aggregate amount expended by the Company or such Subsidiary in acquiring such asset (or, if not then acquired, 95% of the Fair Market Value of the Property subject to such Sale-Leaseback Transaction) and (ii) the respective transaction is otherwise effected in accordance with the applicable requirements of Section 6.10.