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==One Answer== At law, a "natural person" refers to a real human being, as distinguished from a corporation which is often treated at law as a fictitious person.
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What is another term for real estate?
Other words that can describe real estate are: land, real property, realty.
What does bom mean in real estate?
In real estate, the term bom used as the acronym for Back On the Market.
What is meant by the term immobilienfonds?
Immobilienfonds means real estate funds. This is a German word which several real estate and legal structures, which may be referred to as real estate funds.
What does real estate taxes mean?
The term "real estate taxes" means the taxes on the property that you own. Your real estate is the property itself. This tax is generally payed annually to your county.
Who is the principle in real estate?
Principal is a legal term. The principal is the person or entity who hires another(via contract) to perform a task on the principal's behalf. These people are called agents. Therefore: Homeowner= Principal hires the... Real estate "Agent"
Who should pay the realtor for their job?
The person who hired her. If you want to buy a house, hire a real estate agent and let her find one for you. If you want to sell a house, find a real estate agent and have her find a buyer. by the way, the term, 'Realtor' refers to a real estate agent who is a member of the National Realtors Association.
Would you capitalize 'real estate broker'?
No, the term "real estate broker" is not typically capitalized unless it is at the beginning of a sentence or part of a title.
How long can a person with a life estate in a nursing long term keep the life estate?
As long as they are alive.
Which of these is a legal term that describes the property a person owns?
Ownership is the legal term that describes the property a person possesses.
Why is the Cap Rate used to evaluate Real Estate?
This is used in real estate to measure return on investment, otherwise known as ROI. Another term that is much more familiar to people includes the term net income.
What does the term bliss mean in real estate?
Bliss stands for Perfect happiness but in real estate it refers to --Bliss is a city in Gooding County, Idaho, United States.
What is the real estate term for overbuilding a home?
A situation in a given area where there has been more real estate construction than the market can absorb within a reasonable time.
