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The eight practice areas covered in the examination include, Civil Law Practice, Criminal Law Practice, Ethics and Professional Responsibility, Family Law Practice, Real Estate Practice, Insolvency Practice, and two electives to be chosen from a list of elective subjects offered, such as, Mediation, Arbitration, and Intellectual Property.
Real estate license. 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 many ...
Real estate agent. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the ...
The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12, Chapter 27 of the United States Code, 12 U.S.C. §§ 2601 – 2617. The main objective was to protect homeowners by assisting them in becoming better educated while shopping for real estate services, and eliminating ...
The Uniform Bar Examination (UBE) is a standardized bar examination in the United States developed by the NCBE. It consists solely of the MBE, MEE, and MPT, and offers portability of scores across state lines. According to the NCBE, the UBE is intended to "test knowledge and skills that every lawyer should be able to demonstrate prior to ...
The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
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