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Originally Posted by mineistaken
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?
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You would be acquiring the assets which would include town owned land. IE city hall? Properties seized by unpaid taxes, etc, etc. The corporation also known as the UNITED STATES OF AMERICA owns lots of property and has many assets as well as debt..