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Here are 15 real estate terms you need to know. Real Estate Agent Professional who represents the seller (listing agent) or buyer (buyer’s agent) in a real estate transaction.
Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...
Pages in category "Real estate terminology" ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
CELTA does not have a final exam. It is a continuous assessment course (i.e. participants are assessed throughout the course), which leads to a certificate. An external assessor, appointed by Cambridge English Language Assessment, moderates each course. Candidates are required to attend their course and fulfil the following course requirements:
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
The basic definition is also known as WAULT to expiry to make the distinction clear. Depending on the market conditions, one might desire a high or low WAULT. For instance, if the rental market is strong and rents are rising, a low WAULT is desirable as that indicates that the current leases are going to expire or renegotiate in the short term ...
Whether you’re buying or selling a home, you’re likely to hear the term MLS, which stands for multiple listing service. The MLS is a platform used by real estate agents and brokers to share ...
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...