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In a typical transaction for the sale of real estate encumbered by a private transfer fee assessment, a contract for purchase of the real property is receipted at the title company. The title company then provides the prospective purchaser with a title commitment showing all encumbrances of record, including the transfer fee assessment.
A constitutional amendment changing residency requirements for electors Passed 662,588 (58.15%) 476,849 (41.85%) Proposal 6 A constitutional amendment relating to criminal pardons Failed 590,260 (48.91%) 616,583 (51.09%) Proposal 7 A constitutional amendment restricting the vote on bond issues to impacted property owners Passed 642,142 (52.86%)
A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:
Proposition 5 will lower the voter threshold required to pass local affordable housing and transportation bond measures.
A multiple listing service's database and software is used by real estate brokers in real estate (or in other industries, for example, aircraft brokers [1]), representing sellers under a listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to work with a seller's broker in ...
Read more:Your guide to Proposition 5: Making it easier to pass local housing, road bonds Proposition 6 This measure would ban involuntary servitude and end mandatory work requirements for state ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
Flat-fee multiple listing service or flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.