Friday, November 15, 2024
Guides

Bilateral Contracts – Definition, How It Works, and Examples

Emran Hossin - 2
Bilateral contracts involve mutual promises between two parties, creating legally binding obligations for both. Common in business, they ensure clear terms and enforceable commitments,...
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Guides

Real Estate Agent vs. Appraiser Comparables

Emran Hossin - 0
Real Estate Agent vs. Appraiser: A real estate agent facilitates property transactions, focusing on sales, marketing, and client interactions, often earning commissions. An appraiser...
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Guides

Close of escrow vs. closing date: What you need to know

Emran Hossin - 1
Close of escrow vs. closing date: The closing date is the scheduled day when the buyer and seller finalize the sale, sign documents, and...
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Guides

What Is An Active Contingent Listing In Real Estate?

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An active contingent listing in real estate indicates that a property is under contract with certain conditions that must be fulfilled before the sale...
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Guides

What Is a Kickback in Real Estate? Respa kickback examples

Emran Hossin - 0
Kickback in Real Estate: In the realm of real estate transactions, a "kickback" refers to an illegal payment or exchange of valuable items made...
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Guides

What Are Recurring and Non-Recurring Closing Costs?

Emran Hossin - 0
Closing costs are inevitable expenses associated with finalizing a real estate transaction. While these fees can seem overwhelming, understanding the distinction between recurring and...
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Guides

What is GLA – Gross Leasable Area in Commercial Real Estate

Emran Hossin - 0
Gross Leasable Area (GLA) is a critical metric in commercial real estate, determining the total rentable space and directly influencing rental income, property valuation,...
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Guides

What Is a Real Estate Broker? Types of brokers in real estate

Emran Hossin - 1
Types of brokers in real estate: In the intricate world of real estate, brokers play a pivotal role, guiding individuals and businesses through the...
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Guides

What is a Bump Clause in Real Estate?

Emran Hossin - 0
"In real estate transactions, bump clauses offer flexibility to both sellers and buyers. These clauses allow sellers to accept contingent offers while continuing to...
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Guides

What Does CTG Mean In Real Estate?

Emran Hossin - 0
In real estate, "CTG" stands for "Contingent." It indicates that an offer has been made on a property and accepted, but certain conditions must...
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