|
Q |
What does "contingency" mean in real estate?
|
| A |
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
|
|
|
Q |
Where is the world's largest mud building?
|
| A |
The Grand Mosque in west Africa measures 328 feet long and 131 feet wide, and has been carefully maintained for centuries by local craftsmen, especially during the rainy season.
|
|
|
Q |
What 45,000 sq.ft. home on 5-acres on Lake Washington is described as an 'adventurous house' by its owner?
|
| A |
The home of Microsoft's Bill Gates ($40+ million) has a wall of 24 video monitors featuring art and film and a 60-foot pool.
|
|
|
Q |
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?
|
| A |
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year.
|
|
|
Q |
What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?
|
| A |
Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age.
|
|
|
- NUMBER1EXPERT™ 
See More Real
Estate Trivia >
