Quote:
Originally Posted by onwebcam
It's really nothing more than a corporation.. You buy the debt and collect revenue (taxes).. In reality you don't own anything more than the corporate assets but those who have chosen to be within the incorporated area and accept the services of it pay taxes to it. IE. The UNITED STATES OF AMERICA is nothing more than a corporation and an incorprated area with a President and board members.
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So who is the seller in such instances? And what if there are no debts?
And if you do not have to buy land/houses how come that Seneca, CA town ad talks exactly just about buying property/land etc?