Search results
Results From The WOW.Com Content Network
Real estate brokerages may get a cut of the commission as well. The brokerage RE/MAX, for example, has a split commission setup by which its agents receive 95 percent of the full commission from ...
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.
On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
TREC may refer to: Techniques de Randonnée Équestre de Compétition or Trec, an equestrian discipline; Text Retrieval Conference, workshops co-sponsored by the National Institute of Standards and Technology (NIST) and the U.S. Department of Defense; Texas Real Estate Commission, the state agency that governs real estate practices in Texas
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 ...
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 ...
The City Planning Commission was created under the 1936 New York City Charter. It started functioning in 1938 with seven members, all of whom were appointed by the Mayor [3] and was given responsibility for creating a master plan. [4] The commission currently operates under the terms of the revised 1989 Charter, with 13 members.
For larger transactions in particular, it is common for the bulk of the fee payments to be in the form of retainers and ongoing fees. [4] Typically, underwriters also get warrants on the company stock with a public offering and try to get the company that is raising the capital to pay the underwriter's legal fees which are usually significant.