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Jamaica Homes Glossary

Sold (STC)

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Jamaica Now
Feb 29, 2024
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“Sold (STC)” on Jamaica Homes and similar real estate platforms globally indicates that the property has been successfully sold, with all terms agreed upon and the sale officially concluded. In Jamaica, this status reflects the completion of the transaction process, including legal documentation, transfer of ownership, and final settlement. Worldwide, “Sold (STC)” signifies that the property is no longer available for purchase, as it has moved past the sale agreement stage to a finalized sale, with ownership now officially transferred to the new buyer. This status confirms the end of the listing period and the successful execution of the real estate transaction.

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