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Q: Who is transferor in real estate transaction?
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What is the role of a real estate principal?

A principal is the main party in a transaction. The buyer and seller are the principals in a real estate transaction. Their roles are self-explanatory. Buyers and sellers are the driving force behind the real estate market.


Are you likely to get sued if you do not close on a real estate transaction?

Congrats the answer is NO:)


Who is the Transaction Broker in real estate?

A transaction broker, however, remains legally neutral, and can assist the buyer and the seller in a transaction.


How much does a Transaction Coordinator make?

Real Estate Transaction Coordinators could make up to $60,000 a year.


What does an estate broker do?

An Estate Broker is a person who acts as the middle man between buyers and sellers of real estate. They help with the transaction.


How much does a real estate investors make?

Real estate investors are paid per deal, and depend upon the cost of the transaction. The average salary for commercial real estate is $50,000 above.


Do real estate negotiators need a real estate license?

Yes. Anyone who takes part in the real estate negotiating or procurement other then the buyer, seller or third party escrow is required to hold a real estate license. In California the Bureau of Real Estate issues such a license. The parties to the transaction will be covered up to $100,000 via a department issued bonds for any improper activities that occurs during the transaction.


What are Objections in Attorneys preliminary report in real estate transaction?

anong sagot


What is a principal real estate agent?

A person with a state/provincial license to represent a buyer or a seller in a real estate transaction in exchange for commission. Most agents work for a real estate broker or realtor.


Who is a third party purchaser in a real estate transaction?

An outsider with no legal interest in the property.


Can a residential real estate agent do a commercial transaction?

Yes. It is advised that an attorney draft the contracts so that they are legally binding, but the real estate agent can advise on the deal.


How long does a real estate broker keep transaction records in California?

The California Business and Professions Code Section 10148 dictates that a real estate broker must retain all records of transactions for three years, starting from either the closing date of the transaction, or from the listing date if the transaction is not completed.