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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 ...
However, as a river gradually changes through accretion, the boundary changes with it. To prove that a change was avulsion and not accretion, it is sufficient, at least under Oklahoma law, for the owner of land that was washed away to point out approximately as much land added to the opposite bank as washed away from his bank. [2]
The National Association of Realtors maintains rules that each MLS owned by a local association of Realtors is required to follow. In 1996, as part of its rules governing multiple listing services, NAR adopted a rule requiring Realtors to make "blanket unilateral offers of compensation" when listing homes for sale on an MLS. [7]
In real estate law, reliction is the gradual recession of water from its usual high-water mark so that the newly uncovered land becomes the property of the adjoining riparian property owner. [ 3 ] "Relict" was an ancient term still used in colonial (British) America, and in England and Ireland of that era, now archaic, for a widow ; it has come ...
The agreement is likely to spell an end to the traditional practice of home sellers paying commissions for both the seller's and the buyer's real-estate agents. In central Ohio, the commission is ...
The Real Estate Consumer Protection Enhancement Act, which is meant to create a more transparent and buyer-friendly housing market, officially went into effect in New Jersey Aug. 1, resulting in ...
Alluvion, is a Roman law method of acquisition of heritable property (land). The typical cause is sediment deposited by a river.This sediment, legally termed the accessory, accreses (i.e., merges with) a piece of land, the principal (operating a subtype of the Roman mode of acquisition by accession) and thus accedes to the ownership of the principal land over time.
Business and economy Cisco announces a cut of 5,500 jobs in their shift from switches to software. (Reuters) Energy Future Holdings, a Texas electric utility, asks a bankruptcy court in Delaware to confirm a plan that would allow it to exit Chapter 11 after more than two years. (Reuters) Disasters and accidents Eight people are seriously injured when a passenger train collides with a tree that ...