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Nov 13, 2023 · Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients.
Sep 13, 2024 · 1. Real Property. Real property is a common technical term for “real estate” that is transferred from owner to owner by written deeds. For many of us, it could mean a house or a condominium,...
Black’s Guide’s Glossary of Real Estate Terms provides a complete reference dictionary of terms and phrases used in the commercial real estate industry. These definitions have been endorsed by numerous industry organizations as the Market Standard for their respective regions.
Estate - The degree, quantity, nature and extent of interest which a person has in real property. Estate in Reversion - The residue of an estate left for the grantor, to commence in possession after the termination of some particular estate granted by the grantor.
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Feb 13, 2013 · Property terms, like the ones used by estate agents, can be a potential minefield for any new aspiring property investor. We also get asked how to land the right ‘type’ of estate agent in order to get the best ‘bang for your buck’ property deals.
4 days ago · Equity in real estate is calculated as the difference between the property's market value and the amount still owed on any mortgages or loans secured by the property. Your home's current market value is the price it would likely sell for today. You can find this by looking at recent sales of similar homes in your area or using online valuation ...
Jul 8, 2024 · Whether you are new to real estate investing or a seasoned expert, this article can help you understand basic to advanced real estate investing definitions. We will cover the most commonly researched real estate investment terms and their respective definitions.
