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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 ...
A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals.It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".
A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
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 ...
The 2023 Out of Reach report by the National Low Income Housing Coalition highlights a substantial housing cost disparity for people of color, particularly women of color. The report's key figure, the "Housing Wage," reveals the hourly earnings necessary for full-time workers to afford fair market rental homes without exceeding 30% of their ...
Donald Trump's Real Estate Tycoon is a single-player video game.The player's goal is to beat Donald Trump by becoming the most influential business tycoon in the game. In the Windows version, the player must choose the best real estate location in one of five cities: Los Angeles, New York City, Atlantic City, London and Paris. [1]
On December 18, 1969, the Board of Estimate approved the purchase of the SIRT for $1 and the use of $3.5 million to purchase the line's 48 cars, 70 acres (28 ha) of real estate, the air rights over the tracks, and the line's Clifton Shops. The additional land was purchased to allow for a wider right-of-way, parking lots, and station improvements.