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Book Reports
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| Number of pages / Number of words: |
5 / 1339 |
Essay's paper body
Every agent must work under the supervision of a broker
? Mortgagor-borrower
? Personal property
o Movable, transferable in the physical sense, and durationally limited
o Goods or services, tangible items of value
? Real property
o Right and privilege associated with land, realty, and fixtures
o Longer or perpetual duration
o Formally bought and sold, transferred by deed
? Realty-constructed homes
? Fixtures-objects permanently attached to the land and or realty
? License-allows licensee to do something on land for an extremely limited purpose; temporary and highly restricted
? Property can be held in 2 ways
o Freehold- free for whatever life the interest owner has or by some other measure of time or duration
? Nobody can invade or challenge the interest for any reason during duration
? Fee simple-title affording the unlimited, unabashed use of the real property until his or her demise or until the demise of another
? Life estate-interest in land the duration of which is defined by the life of another
? Per autrie vie-for the life of another person
? Estate in fee tail-limits transfer of estate both the present owner and the owners or other issues
o Less than freehold
? Estate for years-lease for an apartment
? Estate at will-informal lease where landlord allows a tenant to stay on a month to month basis
? Estate at sufferance-stay beyond either month to month or exact term of years; lowest grade; retains possession of real property with no title (stays after lease has expired)
? Concurrent ownership
o Must have unity of time, title, interest, possession, and person
? Types of joint ownership
o Tenancy by the entireties
? Husbands and wives jointly own real estate that is primary residence
? Absolute, unequivocal right to survivorship that spouse has in death of the other, retains all
o Community property
? Surviving spouses may not take a full interest in real property in event of death
? Includes all property acquired by either spouse during time of marriage
? Death of spouse-1/2 of comm...
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Every agent must work under the supervision of a broker
? Mortgagor-borrower
? Personal property
o Movable, transferable in the physical sense, and durationally limited
o Goods or services, tangible items of value
? Real property
o Right and privilege associated with land, realty, and fixtures
o Longer or perpetual duration
o Formally bought and sold, transferred by deed
? Realty-constructed homes
? Fixtures-objects permanently attached to the land and or realty
? License-allows licensee to do something on land for an extremely limited purpose; temporary and highly restricted
? Property can be held in 2 ways
o Freehold- free for whatever life the interest owner has or by some other measure of time or duration
? Nobody can invade or challenge the interest for any reason during duration
? Fee simple-title affording the unlimited, unabashed use of the real property until his or her demise or until the demise of another
? Life estate-interest in land the duration of which is defined by the life of another
? Per autrie vie-for the life of another person
? Estate in fee tail-limits transfer of estate both the present owner and the owners or other issues
o Less than freehold
? Estate for years-lease for an apartment
? Estate at will-informal lease where landlord allows a tenant to stay on a month to month basis
? Estate at sufferance-stay beyond either month to month or exact term of years; lowest grade; retains possession of real property with no title (stays after lease has expired)
? Concurrent ownership
o Must have unity of time, title, interest, possession, and person
? Types of joint ownership
o Tenancy by the entireties
? Husbands and wives jointly own real estate that is primary residence
? Absolute, unequivocal right to survivorship that spouse has in death of the other, retains all
o Community property
? Surviving spouses may not take a full interest in real property in event of death
? Includes all property acquired by either spouse during time of marriage
? Death of spouse-1/2 of comm...
Essay fragment
General points of the essay
Real Estate Priniples
Beijing Real Estate
Ethical Issues in Real Estate Promotion
How Real Estate Really Works
Real Estate Appraisal
Real Estate Crisis
Real Estate Development
Real Estate In Sweden
Real Estate investing
real estate finance
shanghai real estate
The real estate investor
real estate
real estate market
Life death and property rights
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