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History for Guarantee Sale (history as of 08/07/2014 16:44:42)

“Guarantee Sale” or “Guaranteed Sold” is an arrangement under which a manufacturer or supplier takes back the goods that remain unsold after a specified date. Most commonly used in the real estate industry, this arrangement occurs in the form of the real estate agency giving the guarantee that the property it represents will be sold by a certain date, or else the agency will purchase the home from the owner themselves.

  

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