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On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
Many in the real estate industry worry that first-time homebuyers — those who need expert guidance the most, and who are already severely hampered by high prices and high mortgage rates — will ...
Philadelphia County is unique in Pennsylvania in that it is a consolidated city-county, and so while the county is technically not governed by a home rule charter (and is therefore not included on the list), the fact that Philadelphia City (which constitutes the same land area as and administers all the governmental affairs of Philadelphia ...
A contemporary plat map used in the lot and block system. The lot and block survey system is a method used in the United States and Canada to locate and identify land, particularly for lots in densely populated metropolitan areas, suburban areas and exurbs. It is sometimes referred to as the recorded plat survey system or the recorded map ...
A cadastre or cadaster is a comprehensive recording of the real estate or real property's metes-and-bounds of a country. [ 1 ] [ 2 ] Often it is represented graphically in a cadastral map . In most countries, legal systems have developed around the original administrative systems and use the cadastre to define the dimensions and location of ...
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 ...
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 ...
The SCPEA covered six subjects: (1) the organization and power of planning commissions, which was directed to prepare and adopt a master plan; (2) the content of the master plan; (3) provisions for a master street plan; (4) provisions for approval of all public improvements by the planning commission; (5) control of private subdivision of land ...