Sentences with phrase «require real estate recorded»

Most investors require real estate recorded at its historical cost.

Not exact matches

The new law imposes a fee of $ 75 to be paid at the time of the recording of every real estate instrument, paper, or notice required or permitted by law to -LSB-...]

If your state allows the court's order to convey property, you may be required to record the divorce decree at your county recorder's office to incorporate the transfer into the official real estate records.

When you record the deed, you will not be required to pay Florida's Documentary Stamp Tax if you are transferring your marital home due to a divorce, but if you transfer other real estate, you will be required to pay the tax.

The principal broker must oversee operations, maintain records, comply with trust account rules, develop a written policy on agency, ensure advertising compliance, and ensure that only licensees perform real estate activities for which a license is required.

The Nebraska Real Estate Commission amended its regulations to require designated brokers to maintain the following records for five years: (1) records relating to all consummated real estate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leadReal Estate Commission amended its regulations to require designated brokers to maintain the following records for five years: (1) records relating to all consummated real estate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leEstate Commission amended its regulations to require designated brokers to maintain the following records for five years: (1) records relating to all consummated real estate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leadreal estate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leestate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leaders.

Obtain current corporate records — Currently, Realtors who deal in commercial real estate transactions, or who sell residential properties to or on behalf of companies, partnerships or other legal entities, are required to take steps to confirm the identity of the legal entity and to maintain those records.

It's very simple, raise the barrier to entry in a huge and meaningful way, and raise the barrier to keeping your license with minimum performance standards — a good start would be to require every registrant to submit 24 trade record sheets when renewing their license every two years, to prove they are actually involved in the business of selling real estate.

However, with real estate brokerages, due to the multitude of government regulations and forms that require the retention of substantial paper records, many of which must be maintained almost into perpetuity, any thought of developing a completely paper - free real estate office may be wishful thinking.

The dedication, perseverance and hard work required to be an Olympic athlete are qualities that have also served them well in their careers as successful real estate sales representatives,» says Pierre de Varennes, broker of record / owner of Royal LePage Performance Realty.

Companies in certain sectors — including banks, casinos and real estate firms — are legally required to identify their clients, keep records and report suspicious or large cash transactions to Fintrac.

6.2 The real estate council must not dispose of records required to be kept under section 88 (1) of the Act before the end of 7 years after the record is, as applicable,

You get to list and buy a property from who ever I bought 9 properties by selling 2 properties and delayed the taxes Note: recorded in 2017 prior to 2018 tax changes a 1031 exchange avoids capital gain and depreciation recapture Drawbacks — you have to time the sale and purchase of the new asset In a sellers market you can get a good price but have trouble finding a good asset 45 day rule — you have this time period begins at the close of escrow of the first property you have to identify a list of property that they would possibly close on 180 day rule — you have this time period begins at the close of escrow of the first property you have to close on the replacement property Try to line up inventory in the pipeline Delaware Statutory Trust — you close on relinquished property and park the money goes into the exchange account with intermediary Reverse exchange — alleviates selling property and not finding anything — you can take all the time in the world to acquire the property and then sell your relinquished property, the problem is that it is costly, qualified intermediary else closes the new property, required cash to purchase new property and possibly need a L1 environmental Section 721 — donate real estate to partnership interest And exotic exchange ideas

Title Insurance Premium Premium required by lenders in order to determine that the property is properly owned and not subject to any unacceptable liens, a search is required of the local real estate records, and a title insurance policy insuring the lender that there are no defects in title.

(a) when money is paid by a brokerage in relation to trading services in the form of a referral fee and not in connection with a trade in real estate for which records are required to be retained under section 8 - 5 (2)[trading records] of the rules; or

8 - 3.1 After the termination of a service agreement respecting the provision of real estate services, the brokerage must continue to prepare all financial records required under this Part that relate to the services that were provided by the brokerage to the client.

If the criminal record check has a section requiring you to authorize the disclosure of your personal information, enter «Real Estate Council of BC» in this section.

Broker of record Dan Bates says, «Being a boutique broker in the commercial real estate brokerage business did not give Hectare the international platform that is required in today's world.

The Bureau's proposed § 1026.37 (g)(1) would have required the disclosure of taxes and other government fees for recording of documents and transfer taxes assessed against the purchase price of a real estate contract or the loan amount under the subheading «Taxes and Other Government Fees.»