When it comes to selling and buying a home‚ real estate legal liability has several components that involve representing the property‚ protecting the interest of all parties‚ and neglecting parts of the sales process. Sellers are more likely to be confronted with legal liabilities pertain to the home’s condition s found during the home inspection and after the sale‚ once the buyers take occupancy. Legal liabilities for sellers after the home is sold and transfer of ownership is complete may exist
Premium Real estate Mortgage Property
Exam Principles of Real Estate: Chapters 5 and 6 What is an estate? An estate in land determines the legally recognized interest the person has in the real property. There are two main types of estates in real estate Freehold estate- is owner for an indefinite duration. Time is uncertain. (you own the land) There are three types of Freehold estates. 1. Fee simple absolute 2. Fee simple defeasible 3. Life estates. Fee simple absolute: gives the real estate holder complete rights
Premium Real estate Property Law
SWLA Real Estate – Balanced Scorecard How does an organization translate a business plan into an action plan? Everything looks good on paper; a vision‚ mission statement‚ values‚ objectives‚ and a SWOTT analysis outline what an organization wants to do. Now all that needs to be done is to put the plans to action. Several strategies exist for implementing a business plan aimed at achieving the organizations vision. The balanced scorecard is one approach that many organizations find beneficial. The
Premium Balanced scorecard Strategic management Strategy map
before rushing to "ink the deal‚" understand that real estate professionals are required to provide written disclosures to their clients on a variety of important items necessary to the transaction‚ as they directly affect the buying or selling decision. Here are 8 areas where written disclosure should be or are required: 1. Affiliate Disclosures. These days‚ it’s common for a mortgage company to have a business interest in a title company or a real estate brokerage to also own a mortgage company. These
Premium Property Real estate
The research of Chinese monetary policy influenced on real estate market I. Introduction Literature Review (an overview of relevant concepts and theories) A. Real estate and housing market. 1. The concept of real estate 2. Housing market B. Basic principles of monetary policy and its effects. 1. The effectiveness of monetary policy 2. Principles of the transmission mechanism of monetary policy 3. The analysis of monetary policy plays a crucial role in the housing market II. Methodology
Premium Monetary policy Real estate Economics
FIN 331 Final Exam Study Guide 10/15/13 6:34 PM Intro to Real Estate & Time Value of Money • • • Mortgage – a loan you get to buy to piece of property where the property serves as collateral Equity – the amount of your money in the property Down payment – a one time name for your equity o House $150‚000 Mortgage - 120‚000 Equity 30‚000 à Down payment 30‚000 ÷ 150.000 = 20% **What banks like to see • • As you pay off your mortgage‚ your equity goes up LTV (loan to value)
Premium Mortgage Mortgage loan
Subject: Hollywood Real Estate Development Recommendation I recommend that we invest in the project at Hollywood and Highland over the project at Sunset and Vine. The Hollywood and Highland project meets all five underwriting requirements for investment criteria‚ whereas the Sunset and Vine project does not have the same community support and as a result could encounter complications that could delay construction. Furthermore‚ the Hollywood and Highland project yields a five-year internal
Premium Internal rate of return Rate of return Net present value
MERGERS AND ACQUISITIONS IN THE REAL ESTATE SECTOR IN INDIA EXECUTIVE SUMMARY Mergers are important corporate strategy actions that‚ among other things‚ aid the firm in external growth and provide it competitive advantage over other firms through gaining greater market share‚ broadening the portfolio to reduce business risk‚ entering new markets and geographies‚ and capitalising on economies of scale etc.. This area has spawned a vast amount of literature over the
Premium Real estate Mergers and acquisitions Real property
inform the prospective home buyer that the advertised item is no longer available and attempt to sell the customer to a more expensive home. Based on my home buying experience‚ I found this to be a common marketing method used by home developers and real estate agents. I experienced bait-and-switch advertising during my interaction with Escala‚ a new home development in Mission Valley‚ three years ago. When I first saw the area being prepared for home building‚ I was anxious to find out details
Premium Real estate Marketing Advertising
worth $210‚000 which they paid $105‚000 for 8 years ago. The tenant pays $175 per week. There is an interest only line of credit of $110‚000 costing 7.5% p.a. The body corporate fees are $500 per quarter‚ Water rates are $250 per quarter and the Real Estate agent managing the property charges 7%. Insurance on the contents is $350 p.a. They have three children 9 months old‚ 2 year old and 4 year old and all attend day care while she is working. It costs them $2‚470 per month. He has a Self Managed
Premium Real estate Investment Credit