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Here are 15 real estate terms you need to know. Real Estate Agent. Professional who represents the seller (listing agent) or buyer (buyer’s agent) in a real estate transaction. Agents are ...
The majority decision is frequently confused with the term split decision, but they are not the same. A split decision occurs when two judges pick the same fighter as the winner, while the third judge decides that the opposite fighter won. On very rare occasions, two judges vote for a draw while the third chooses a winner—this is a majority draw.
A partition is a term used in the law of real property to describe an act, by a court order or otherwise, to divide up a concurrent estate into separate portions representing the proportionate interests of the owners of property. [1]
A split decision (SD) is a winning criterion in boxing, most commonly in full-contact combat sports, in which two of the three judges score one particular competitor as the winner, while the third judge scores for the other competitor. A split decision is different from a majority decision. A majority decision occurs when two judges pick the ...
Due to the rise of real estate securitization in the 1990s and the shift from "lend to hold" to "lend to securitize," the majority of residential real estate transactions are now completed with uniform security instruments which are consistently described as "deeds of trust" so as to avoid confusion with true trusts or true deeds (i.e., true ...
In the transfer of real estate, a deed conveys ownership from the old owner (the grantor) to the new owner (the grantee), and can include various warranties. The precise name and nature of these warranties differ by jurisdiction. Often, however, the basic differences between them is the degree to which the grantor warrants the title.
In these systems, the presence of many ideologically-similar candidates causes their vote total to be split between them, placing these candidates at a disadvantage. [ 24 ] [ 25 ] This is most visible in elections where a minor candidate draws votes away from a major candidate with similar politics, thereby causing a strong opponent of both to win.
Nonetheless, the verdict could change the real estate industry’s commission structure as we know it. NAR chief legal officer Katie Johnson addressed the lawsuit in the company’s podcast ...