Real Estate Definition


Real Estate Legal Definition Of Real Estate

8 days ago . 43 people watched

  • Land, buildings, and things permanently attached to land and buildings
  • Also called realty and real property
  • Real estate is the modern term for land and anything that is permanently affixed to it
  • Fixtures include buildings, fences, and things attached to …

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100 Real Estate Definitions For Beginner Agents

5 days ago . 47 people watched

  • Yet another real estate definition that’s exactly what you think it is: the period during which you work with your client, agent counterpart, and their client to nail down the terms for closing a home purchase
  • Closing can take a day or two … or it can drag on for weeks.

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Real Property Definition

4 days ago . 24 people watched

  • Real Estate Definition Real estate refers broadly to the property, land, buildings, and air rights that are above land, and the underground rights below it

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Real Estate Definition

2 days ago . 22 people watched

  • Free Real Estate Vocabulary Flashcards Pass the real exam by knowing all of the vital real estate vocabulary terms that are crucial to passing the real estate licensing examination
  • Study all of the important real estate glossary terms and definitions, and pass with confidence!

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The Ultimate Dictionary Of Real Estate Terms You Should Know

8 days ago . 60 people watched

  • Real Estate Terms and Definitions Acceleration clause
  • Also known as an acceleration covenant, this is a contract provision requiring the borrower to repay all of their outstanding loan to a lender if certain requirements -- outlined by the lender -- aren’t met

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Real Estate Entity Definition

6 days ago . 29 people watched

Real Estate Entity means any person including, but not limited to, any partnership, corporation, limited liability company, trust, other entity, or multi-tiered entity, that exists or acts substantially for the purpose of holding directly or indirectly title to or beneficial interest in real property.There is a rebuttable presumption that an entity is a real estate entity if it owns, directly

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Navigating The Real Estate Professional Rules

2 days ago . 45 people watched

A taxpayer engaged in multiple ventures that meet the statutory definition of a real property trade or business, such as brokerage, construction, and rental activities, is permitted, if the facts and circumstances warrant, to informally combine the ventures into one real property trade or business.

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Real Estate Vs. Real Property: What's The Difference

5 days ago . 52 people watched

  • Real estate is a term that refers to the physical land, structures, and resources attached to it
  • Real property includes the physical property of the real estate, but it expands its definition to

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Commercial Real Estate (CRE) Definition

1 days ago . 39 people watched

  • Real estate refers broadly to the property, land, buildings, and air rights that are above land, and the underground rights below it

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Real Estate Terms And Definitions

5 days ago . 33 people watched

  • A term used primarily by banks to identify real estate on the books that was taken back through foreclosure of a mortgage loan
  • The term "Other" REO is used by banks to distinguish foreclosed real estate from bank real estate owned, which is typically corporate real estate assets.

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Top 60 Real Estate Definitions For Investors To Know

4 days ago . 52 people watched

  • A Turn Key Property is a type of investment property that is move-in or almost move-in ready
  • As far as real estate definitions go, Turn Key Properties are appealing to investors because they can be rented out right away, without any major repairs or renovations needed.

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What Is Real Estate And Real Property Law

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  • Definition of Real Estate and Real Property Law
  • The legal definition of real estate or real property is land and the buildings on it
  • Real estate law governs who may own and use the land
  • This simple concept includes a wide range of different legal disciplines
  • First, real estate may be either residential or commercial.

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The Real Estate Marketplace Glossary: How To Talk The Talk

6 days ago . 58 people watched

  • Commission: The fee charged for ser-vices performed, usually based on a percentage of the price of the items sold (such as the fee a real estate agent earns on the sale of a house)
  • Commitment Letter: A binding of-fer from your lender that includes the amount of the mortgage, the interest rate, and repayment terms.

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Real Estate Securities Definition

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Real Estate Securities means Securities of publicly-traded companies principally engaged in the real estate industry.A company is considered to be “principally engaged in the real estate industry” if, in the opinion of BIM, at least 50% of its revenue, or at least 50% of the market value of its assets, is attributable to the ownership, construction, management or sale of residential

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Measuring Structures In Real Estate

3 days ago . 46 people watched

  • Real estate professionals know that when two or more appraisers assess a property, they will return different square footage values
  • There are three common reasons for this phenomenon.

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5 Common Methods Of Holding Real Property Title

1 days ago . 47 people watched

  • Depending on the community property state you reside in, real estate acquired during a common-law marriage may also be held as community property

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Real Estate Assets Definition

6 days ago . 29 people watched

Real Estate Assets means unimproved and improved real property, real estate-related assets and any direct or indirect interest therein (including, without limitation, fee or leasehold interests, options, leases, partnership and joint venture interests, equity and debt securities of entities that own real estate, first or second mortgages on real property, mezzanine loans secured by junior

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What Is Real Estate Syndication

9 days ago . 31 people watched

  • Real estate syndication is a partnership between several investors to increase purchasing power and resources
  • Here are the specific details you need to know.

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Real Property Legal Definition Of Real Property

Just Now . 47 people watched

  • 1) all land, structures, firmly attached and integrated equipment (such as light fixtures or a well pump), anything growing on the land, and all "interests" in the property which may be the right to future ownership (remainder), right to occupy for a period of time (tenancy or life estate) the right to drill for oil, the right to get the property back (a reversion) if it is

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Real Estate Glossary CENTURY 21

4 days ago . 32 people watched

  • Real Estate Glossary There is a lot of real estate terminology used during the home buying and selling process and CENTURY 21® is here to help you understand those terms
  • We have created a glossary of the most commonly used real estate terms and their definitions in order to help you better understand terminology used along your home buying or

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Selling A House As Is: What It Means For Buyers®

6 days ago . 66 people watched

A real estate agent may even list a house with serious problems as "cash offers only," if the house's problems could prevent it from qualifying for a mortgage.

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What Is Equity In Real Estate

1 days ago . 29 people watched

  • And real estate equity is one that you must understand
  • Related: How to Invest in Real Estate: 4 Simple Investing Strategies
  • What is Equity in Real Estate: Definition
  • Simply put, the definition of equity in real estate is the difference between the fair market value of the property and the amount of money you owe on the mortgage.

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Real Estate Definitions: Debt Coverage Ratio (DCR)

5 days ago . 50 people watched

  • Real Estate Definitions for Real Estate Investing
  • Debt Coverage Ratio (DCR) or Debt Service Coverage Ratio (DSCR) The debt coverage ratio measures the ability to pay the property’s monthly mortgage payments from the cash generated from renting the property
  • Bankers and lenders use this ratio as a guide to help them understand whether the

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Definition Of Gross Living Area In Real Estate

7 days ago . 46 people watched

The definition for the gross living area published by the Appraisal Institute’s Dictionary of Real Estate 4th Edition is: “The total area of finished, above-grade residential space excluding unheated areas such as porches and balconies; the standard measure for determining the amount of space in residential properties.” In short - the available space left for living or the surface of the

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Real Estate Glossary And Terms Locations

7 days ago . 41 people watched

  • A real estate broker (or agent, acting on behalf of the broker) and a seller sign this agreement in order to give the broker the rights to advertise the property and represent the seller
  • The seller's real estate is then listed for sale, most often in a multiple listing service.

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§ 54.1-2130. Definitions

3 days ago . 29 people watched

  • As used in this article: "Agency" means every relationship in which a real estate licensee acts for or represents a person as an agent by such person's express authority in a commercial or residential real estate transaction, unless a different legal relationship is intended and is agreed to as part of the brokerage agreement.

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The Meaning Of 'Where Is -As Is' In Real Estate Soble

2 days ago . 55 people watched

  • Common Misconception “Where is -As is” is a real estate term whereby the subject property is being sold in its present condition or current state
  • A Purchaser is taking a property with the understanding that there will be no “moving, cutting, shifting, replacing, redoing, changing, repairing, relocating, or refacing” anything related to the property.

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What Is Earnest Money In Real Estate

7 days ago . 36 people watched

  • What is earnest money in real estate? Definition of Earnest Money
  • Earnest money is the money you pay soon after a home seller has accepted your offer on a home
  • How much earnest money you pay varies, but it's typically 1%–3% of the sale price of the home
  • In some areas, earnest money is a fixed amount.

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What Is Functional Obsolescence In Real Estate

3 days ago . 46 people watched

In simpler terms, that definition essentially means that there is a reduction in the property's desirability, typically because of an outdated feature that cannot easily be altered or changed.

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Attachments & Severance In Real Estate: Definitions

Just Now . 56 people watched

  • Many items on a real estate sales contract can be negotiable
  • Attachments are one of those items
  • However, personal property and attachments can be messy in a property sale if some key steps are

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Real Estate Definitions: Co-owner Vs. Joint Owner

4 days ago . 50 people watched

  • While a co-owner is someone who shares a piece of property with another, there is no legal definition for the world in real estate
  • Instead, there are a few terms used to describe co-ownership, and each has its own rules
  • They are joint tenancy, tenancy by the entirety and tenancy in common.

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Procuring Cause Law And Legal Definition USLegal, Inc.

Just Now . 55 people watched

  • The mere act of informing a potential purchaser, who eventually purchases the property, about a prospective purchase may not be enough for the broker to be a procuring cause in the sale
  • The precise definition depends on state law and the facts and circumstances in each case.

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Commercial Real Estate Terms And Definitions

2 days ago . 44 people watched

  • 2 | Commercial Real Estate Terms and Definitions Development Terminology This section contains a collection of terms and concepts most commonly used in the commercial development of land and buildings
  • Included are the various stages of the development process, and types of development and redevelopment projects.

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Statutes & Constitution :View Statutes : Online Sunshine

5 days ago . 60 people watched

  • (l) “Transaction broker” means a broker who provides limited representation to a buyer, a seller, or both, in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent
  • In a transaction broker relationship, a buyer or seller is not responsible for the acts of a licensee
  • Additionally, the parties to a real estate transaction are giving up their

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Residential Real Estate Definition

3 days ago . 34 people watched

  • Real estate is the land along with any permanent improvements attached to the land, whether natural or man-made—including water, trees, minerals, buildings, homes, fences, and bridges

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Definition Of Situs In Real Estate

5 days ago . 34 people watched

  • In the Real Estate Industry, you will hardly hear the word
  • But, when they do, real estate agents usually use in a way to refer to the physical site where a property is located to specifically pinpoint the geographic location of land based on its economic significance for taxation and legal rights connected to government housing questions.

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About real estate definition

Real estate is a class of "real property" that includes land and anything permanently attached to it, whether natural or man-made. There are five main categories of real estate: residential


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Why is real estate called 'real estate'?

Real estate law is called real estate because it's about real property. Real property is land as opposed to personal property which is objects. Fixtures that are permanently on the land like buildings or other large structures are also a part of real property.

What is an example of real estate?

Real estate refers to land, as well as any physical property or improvements affixed to the land, including houses, buildings, landscaping, fencing, wells, etc. Vacant land and residential lots, plus the houses, outbuildings, decks, trees sewers and fixtures within the boundaries of the property are examples of real estate.

What does the word 'estate' mean in real estate?

a piece of landed property, especially one of large extent with an elaborate house on it: to have an estate in the country.

What is the definition of land in real estate?

What is Land. Land is real estate or property, minus buildings and equipment, that is designated by fixed spatial boundaries.

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