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  2. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    Closing costs are fees paid at the closing of a real estate transaction. This point in time called the closing is when the title to the property is conveyed (transferred) to the buyer. Closing costs are incurred by either the buyer or the seller.

  3. What does a real estate attorney do? - AOL

    www.aol.com/finance/does-real-estate-attorney...

    A real estate lawyer or attorney specializes in matters related to property, including the buying and selling of homes, ownership, management, compliance, disputes and title issues. In a ...

  4. Closing (real estate) - Wikipedia

    en.wikipedia.org/wiki/Closing_(real_estate)

    The closing (also called the completion or settlement) is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. [ 1 ] On the closing day, ownership of the property is transferred from the seller to the buyer.

  5. Realtor commission changes are here: What they mean for ...

    www.aol.com/finance/high-profile-commission...

    Ken H. Johnson, a real estate economist at Florida Atlantic University and a former real estate broker, says the new rules just add another layer of complexity to an already-confusing process.

  6. Real estate transaction - Wikipedia

    en.wikipedia.org/wiki/Real_estate_transaction

    The closing of the sale ends the escrow period and completes the transfer of ownership to the buyer. At this time, and all monies change hands and a number of closing costs are paid by the buyer or seller. If a real estate broker is used in the transaction, closing is the time that payment is made to the brokers involved.

  7. American rule (attorney's fees) - Wikipedia

    en.wikipedia.org/wiki/American_rule_(attorney's...

    The American rule (capitalized as American Rule in some U.S. states) is the default legal rule in the United States controlling assessment of attorneys' fees arising out of litigation. It provides that each party is responsible for paying its own attorney's fees, [ 1 ] [ 2 ] unless specific authority granted by statute or contract allows the ...

  8. States with the Highest and Lowest Property Tax Rates - AOL

    www.aol.com/finance/states-highest-lowest...

    9. Kansas. When it comes to expensive states for homeowners, the state of Kansas doesn’t often come to mind. But it has an average property tax rate of 1.26%.

  9. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region. [2]

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