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Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...
The reference to 'HUD' in the form's name refers to the Department of Housing and Urban Development. Federal regulations require that unless its use is specifically exempted, either the HUD-1 or the HUD-1A, as appropriate, must be used for all mortgage transactions that are subject to the Real Estate Settlement Procedures Act. Prior to October ...
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
Glazing, which derives from the Middle English for 'glass', is a part of a wall or window, made of glass. [ 1 ] [ 2 ] Glazing also describes the work done by a professional " glazier ". Glazing is also less commonly used to describe the insertion of ophthalmic lenses into an eyeglass frame.
Duration: The exclusive right to sell clause in the contract you establish with your real estate agent should have an expiration date, which might be anywhere from 30 days to six months or more ...
Before the closing happens, the settlement agency must ensure that all the money that the lender and buyer expect to send into escrow matches the total amount expected by parties that need to be paid, such as the seller and real estate agents. This matching process means that accounting information is gathered and the order is “balanced.” [8]
a person who sells property for others (US: realtor, real estate agent) estate car a station wagon exclamation mark * (US: exclamation point) [71] ex-directory (of a telephone number) unlisted; also informally of a person "he's ex-directory", meaning his telephone number is unlisted expiry date (of a credit or debit card) expiration date ...
Ken H. Johnson, a real estate economist at Florida Atlantic University and a former real estate broker, says the new rules just add another layer of complexity to an already-confusing process.