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Fee Simple Estate

In real estate law, a Fee Simple Estate is almost the most complete form of ownership in real property, second only to Fee Simple Absolute. Fee simple absolute gives the owner unrestricted rights to use, occupy, sell, lease, or otherwise dispose of the property,...

Backup Offer

A secondary offer to buy property, used in case the first offer fails. A backup offer is an offer...

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HUD

HOUSING & URBAN DEVELOPMENT

HUD

(Department of Housing and Urban Development)

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