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Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate. [17]
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
Circular definition is a type of self-reference in which the definition of a term or concept includes the term or concept itself, either explicitly or implicitly. Circular definitions are considered fallacious because they only define a term in terms of itself. [ 11 ]
A payment to a cooperative brokerage and referral arrangements between real estate agents and real estate brokers. (The statutory exemption stated in this paragraph refers only to fee divisions within real estate brokerage arrangements when all parties are acting in a real estate brokerage capacity.
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Real estate, with its promise of appreciable assets and consistent revenue streams, remains an industry of choice for savvy investors. Yet, it is not for the faint of heart. With volatile markets ...
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 ...
“As a self-made real estate investor with a significant portion of wealth generated through real estate investments, I can share that the frequency of purchasing new properties can vary based on ...