Tag: Property Deals
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Unwritten Agreements: How Implied Contracts Shape Texas Real Estate Transactions
In the bustling world of Texas real estate, contracts are the backbone of every transaction. Buyers, sellers, landlords, tenants, brokers, and investors all rely on agreements to define their rights and obligations. But what happens when a deal moves forward without a formal, signed document? Can a handshake or a string of emails create legally…
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City of Dallas Suspends Real Estate Deals After Costly Mistakes
Dallas has suspended all upcoming real estate transactions following a series of expensive mistakes.. The latest error was the failed acquisition of an office tower on North Stemmons Freeway near the 1600 block. City officials purchased the 11-story, 228,000-square-foot building at 7800 N. Stemmons in 2022 for $14.1 million. The building is intended to serve…