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Beware Crazy Clauses

2014-11-29 22:31:44| Real Estate - Topix.net

It's a seller's market for new condos in cities like San Francisco, Miami, and New York. If, for example, a buyer in a recently erected New York building unloads his condo for a profit within a year of purchase, a new standard line in contracts states that the condo owner must hand the developer half of his windfall.

Tags: crazy beware clauses

Category:Real Estate

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