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Can You Take The Real Estate Exam Without Taking Any Classes?
Becoming a Real Estate agent in the United States requires you to take a real estate exam for the state or area where you want to sell real estate. Each state will have some slightly different real estate laws. Most states require that you show that you have taken and completed a certain number of…
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Do Real Estate Agents Get Paid If They Do Not Sell?
The question of how Real Estate agents get paid is a significant one. As new models have emerged in the real estate market, there are additional ways for agents to get paid. Real Estate agents usually get paid on a commission base; they close on the sale of the property, and then they get paid.…
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What Does The Term “COE” Mean In Real Estate?
Real Estate has an entirely new language, one of which is the abbreviation that some people use, which is COE. COE is the abbreviation for the National Association of Realtors (NAR) Code of Ethics. The COE, or the Code of Ethics, is considered one of the core guiding principles of the real estate industry. The…
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Differences: Promoter And Developer In Real Estate Projects
You may hear two words regarding a real estate project: real estate developer and real estate promotor. Even though the roles can sometimes overlap, they are entirely different real estate roles. The real estate developer is the individual or company responsible for building and renovating the land, home, office, retail center, and industrial site. The…
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Entering House Without Permission to Retrieve Furniture?
Sometimes, someone may possess your property, and you may need to find a way to get it out. You need to take specific steps to get your property back in a home or property you do not own. You cannot legally go into someone’s house to get your furniture out without permission. Entering someone’s home…
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What Happens If You Leave Furniture In An Apartment?
When people rent an apartment, they may want to leave behind their unwanted items, including furniture. Some renters feel because the landlord has the security deposit, the landlord should be responsible for moving their unwanted furniture. If you decide to leave unwanted furniture in an apartment you are renting, you will probably be charged for…
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The Situs Term In Real Estate
Situs is one of those funny terms in real estate that many people may hear but are not sure what it means. Situs is a legal term that refers to the location or jurisdiction of where the property is located. Situs does not have to do with just real estate property but can be for…
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What Is A Life Estate? Real Estate Explained
There is a term used for property owners as a life estate in real estate. The life estate is used quite a bit in the United States for trust transactions. A life estate is when a person is granted the right to use the property for the term of their life. Once the life estate…
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The Legal Description of Property Importance In Real Estate
When purchasing land, you need to understand the legal description of a property and why it is essential for your real estate purchase. The legal description of the land or property is a written record that will show precisely what land it is yours. It is a legal document that can be used if a…