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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 ...
Once an instrument affecting the title to real estate has been recorded, the law holds that everyone is deemed to know of its existence, even if they have not searched the records in the recorder's office. This is the doctrine of "constructive notice" and it is nearly universal in the various states of the U.S. So, for example, after a deed or ...
One of the responsibilities of the Maricopa County Recorder's Office is the recordation and maintenance of public documents. These public records include an array of documents but the vast majority are real-estate related. The Office records approximately 1 million documents annually and interacts with 3,000 to 5,000 customers on a daily basis. [9]
Land registration is a matter for individual states in the USA. Thus each state will define the officials, authorities, and their functions and duties with respect to the ownership of land within that state, as is more fully described in the specified main article.
Development and subdivision of real estate property may occur while its title is under dispute from another party. If a suit is resolved in favor of a plaintiff, this renders uncertain the circumstances that allowed the said development to occur, and may result in the resources invested going to waste. [8] The case of Paxton v.
Read More: 6 Best Cities To Buy Property in the Next 5 Years, According to Real Estate Agents For You: 7 Reasons You Must Speak To a Financial Advisor Before Spending $50,000 or More What Renting ...
The Constitution of Arizona provides the Superior Court with jurisdiction over: [1] concurrent jurisdiction over cases and proceedings in which exclusive jurisdiction is not vested by law in another court; equity cases that involve title to or possession of real property or the legality of any tax, assessment, toll or municipal ordinance;
A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region. [2]