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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 ...
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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.
Mill's concept was refined and developed by nineteenth-century economist Henry George in his book Progress and Poverty (1879). [1] George argued that the value of land increased as population growth expanded the division of labor. A landowner's exclusive claim to their land granted them the ability to collect the excess productivity as economic ...
Some simple maps may only contain a lot and map number, such as Lot C of the Riverside Subdivision map as recorded in Map Book 12, Page 8 in the office of the City Engineer. The more technical details of the legal description are all contained in the recorded plat map and there is no need to reiterate them in a deed or other legal description.
The law in Slovakia distinguishes 3 types of the real estate tax (Slovak: Daň z nehnuteľností): – Land tax – Building tax – Tax on apartments and non-residential premises in an apartment building. The administration of real estate tax is handled by the municipality in whose territory the real estate lies.
Binder – In law, a binder (also known as an agreement for sale, earnest money contract, memorandum of sale, or contract to sell) is a short-form preliminary contract in which the purchaser agrees to buy and the seller agrees to sell certain real estate under stated terms and conditions, usually in the form of a purchase offer, and is ...
In Singapore the terms plot ratio and gross plot ratio (GPR) are more commonly used. In the United States and Canada, floor space ratio (FSR) and floor area ratio (FAR) are both used. [10] Use ratios are used as a measure of the density of the site being developed. High FAR indicates a dense construction.