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The RTA’s decision-making processes are informed by compliance and transparency and its corporate governance framework is based on the Queensland Auditor-General’s model and includes far‑reaching accountability processes. The RTA's operations, performance and compliance are reported in detail through the annual report.
The basic distinction in common law systems is between real property (land) and personal property (chattels). Before the mid-19th century, the principles governing the transfer of real property and personal property on an intestacy were quite different. Though this dichotomy does not have the same significance anymore, the distinction is still ...
To be issued with a license, applicants must be approved by the BLA body after application checks and record checks are made. Conveyancers may be employed by law firms, solicitors, conveyancing firms, banks, and property developers. A conveyancer can also obtain a license to run their own licensed conveyancing business.
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
Strata title is a form of ownership and housing tenure devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The word "strata" refers to apartments on different levels.
The 100 point check is a personal identification system adopted by the Australian Government to combat financial transaction fraud by individuals and companies, enacted by the Financial Transactions Reports Act (1988) (FTR Act), [1] which established the Australian Transaction Reports and Analysis Centre (AUSTRAC) and which continued in existence under the Anti-Money Laundering and Counter ...
A comp check (also known as a "look-up") is a request made to a state licensed or certified real estate appraiser, sometimes to assure a minimum opinion of value before an order (typically for lending purposes), is placed.
The nature and scope of a mortgage broker's activities vary with jurisdiction. For example, anyone offering mortgage brokerage in the United Kingdom is offering a regulated financial activity; the broker is responsible for ensuring the advice is appropriate for the borrowers' circumstances and is held financially liable if the advice is later shown to be defective.