R592-16-3. Definitions

Related Notices

Latest version.

  For the purpose of this rule the Commission adopts the definitions as set forth in Section 31A-1-301 and the following:

  (1) "Land flip" means two or more escrows involving real property where the following circumstances exist:

  (a) Buyer B contracts with Seller A to buy a parcel of real property;

  (b) Buyer B then contracts with Buyer C to sell the same parcel of real property; and

  (c) Buyer B anticipates buying and selling the same parcel at or near the same time to Buyer C.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');