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A fee simple qualified estate is a fee simple estate that is subject to limitations by the grantor. There is some condition or special limitation attached to it that may cause it to revert to the grantor.
- A conveyance to Charles as long as he maintains the property as a working farm. When the working farm is no longer feasible the property would revert to the grantor.
- A conveyance of undeveloped land owned by a church that restricts it from being used to build an establishment that serves liquor.
- A conveyance for a nominal sum to a town for a tract that can only be used for a public park.
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What is a real estate compliance fee?
A real estate compliance fee is a charge imposed by a real estate agency or brokerage to cover the costs associated with ensuring that transactions adhere to legal and regulatory requirements. This fee may include expenses related to paperwork, inspections, and compliance with local, state, or federal laws. It can be applied to both buyers and sellers during a real estate transaction. The specific amount and conditions of the fee can vary by agency and location.
Do I need a real estate license to buy and sell houses?
No, you do not need a real estate license to buy and sell houses for your own personal use. However, if you are representing someone else in a real estate transaction for a fee, you will need a real estate license.
Do you need a real estate license in order to buy and sell houses?
No, you do not need a real estate license to buy and sell houses as an individual. However, if you are representing someone else in a real estate transaction for a fee, you would need a real estate license.
What is a promote fee?
The promote fee is the percentage that a real estate firm makes in interest. The promote fee is generally a certain percentage of the profits from the sale.
What is the typical real estate attorney's fee for a residential closing?
Five to seven percent.
A qualified fee simple estate is an example of a?
Defeasible fee estate. See the related question link provided below.
What is Synonym for real estate?
realty; real property; land; fee simple estate
What type of real estate ownership is the most all-inclusive?
Ownership in fee simple is the highest form of real property ownership.
What is the highest estate of absolute right in real estate is called?
Fee Simple
What is an unqualified fee in real estate?
An unqualified fee in real estate refers to a type of ownership interest in property that is not subject to any conditions or limitations. It grants the owner full rights to use, sell, or transfer the property without restrictions. This type of fee contrasts with qualified or conditional fees, which may include specific stipulations that could lead to loss of ownership if certain conditions are not met.
What is a real estate compliance fee?
A real estate compliance fee is a charge imposed by a real estate agency or brokerage to cover the costs associated with ensuring that transactions adhere to legal and regulatory requirements. This fee may include expenses related to paperwork, inspections, and compliance with local, state, or federal laws. It can be applied to both buyers and sellers during a real estate transaction. The specific amount and conditions of the fee can vary by agency and location.
What are flat fee MLS listings?
Flat fee MLS listings are real estate sales where the broker receives a flat fee for the sale of the house instead of getting a percentage of the sale. It is a service offered by a number of real estate companies.
Can a Florida real estate broker pay referal fee to out of state real estate brokers?
Yes — a Florida real estate broker can pay a referral fee to an out-of-state real estate broker, but only under specific legal conditions. Real estate referral fees are strictly regulated in Florida to protect consumers and maintain professional standards. At SAVAX VENTURES, compliance is treated as a core investment principle—because even a profitable deal can become risky if laws are ignored. SAVAX VENTURES
How much is real estate school?
Real estate school prices vary from state to state, as well as the amount of hours needed to obtain your real estate license. The best way to find out the requirements and cost in your state is to search your state's real estate commission. The following states offer online real estate courses to get your real estate license: Alabama, California, Colorado, Florida, Georgia, Illinois, Iowa, Kansas, Michigan, Mississippi, Missouri, Nebraska, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia and Washington Compare accredited online real estate schools at http://www.realestatewebschools.com/real-estate/salesperson-license to get the best price.
Do I need a real estate license to buy and sell houses?
No, you do not need a real estate license to buy and sell houses for your own personal use. However, if you are representing someone else in a real estate transaction for a fee, you will need a real estate license.
Do you need a real estate license in order to buy and sell houses?
No, you do not need a real estate license to buy and sell houses as an individual. However, if you are representing someone else in a real estate transaction for a fee, you would need a real estate license.
Do you need a real estate license to find a rental for someone for a fee?
yes
