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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.
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 ...
A person acquires a "caveatable interest" (that means the buyer is entitled to place a caveat to defend that interest) when he/she purchase real estate. [5] The Registrar of Titles must notify the caveator before deal with the property. [5] It is important to note that the caveator should find the right time to place the caveat.
Download as PDF; Printable version; In other projects ... Help. Pages in category "Real estate terminology" The following 58 pages are in this category, out of 58 ...
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
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Among the fast food giants, McDonald's is making a splash with its new value platform starting on Jan. 7, its first national value offering since 2018.Bernstein analyst Danilo Gargiulo called it a ...