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As with any industry, there are real estate definitions (homestead, quit-claim) and a set of acronyms (DOM, CMA) that might seem a bit Real Estate Definitions Every Seller Should Know Skip to main ...
The Texas Real Estate Commission (TREC) is the state agency that governs real estate practices in the state of Texas. The agency is headquartered at 1700 North Congress in Austin. [1] TREC is composed of nine members appointed by the Governor with the concurrence of the Texas Senate. The members are appointed for six-year terms, with the terms ...
Pages in category "Real estate terminology" The following 58 pages are in this category, out of 58 total. This list may not reflect recent changes. ...
Texas Real Estate Commission, the state agency that governs real estate practices in Texas; Trans-Mediterranean Renewable Energy Cooperation; Toronto Renewable Energy Co-operative, creators of the WindShare wind power co-operative in Toronto, Ontario; T-cell receptor excision circles
The residential real estate industry in Texas is unique in that the real estate sales contract forms used in most transactions in the state are developed through a state agency, the Texas Real Estate Commission (TREC). TREC's Broker-Lawyer Committee develops standard contract forms and addenda which are promulgated by the Commission.
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 ...
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
In real estate, a land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries.