I see many houses sold for $1.00 in the town of Elmira, ny. What does that mean???

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October 18 2009 - Elmira
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You most often see $1 transfers due to family transfers in the case of a parent to child sale or in the event a title transfer after the death of one owner to another. They are excluded from the Zestimates that Zillow does because they are obviously below market price sales.
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October 18 2009
 

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