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LSDefine

Simple English definitions for legal terms

FSBO

Read a random definition: disseisitus

A quick definition of FSBO:

FSBO: FSBO stands for “for sale by owner”. It means that the person selling a property is doing it without the help of a real estate agent. This can save money, but the seller must follow all the rules for selling a property and tell buyers everything they need to know about the property.

A more thorough explanation:

Definition: FSBO stands for “for sale by owner” and is commonly pronounced as fizz-bow. It is a term used in the real estate market to indicate that the seller is selling their property directly without the help of a real estate agent.

For example, if a homeowner decides to sell their house without hiring a real estate agent, they would be selling their property as FSBO. This means that they would be responsible for all aspects of the sale, including marketing the property, showing it to potential buyers, and negotiating the sale.

While selling a property as FSBO can be cost-efficient, it is important for the seller to comply with all applicable regulations for selling real estate. This includes using the proper contracts and disclosing all legally required information about the property’s condition.

Overall, FSBO is a term used to describe a specific type of real estate sale where the seller takes on the responsibilities typically handled by a real estate agent.

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Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
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