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Friday, May 26, 2023

Land ownership in Caanada

Land ownership in Canada is held by governments, Indigenous groups, corporations, and individuals. Canada is the second-largest country in the world by area; at 9,093,507 km² or 3,511,085 mi² of land (and more if fresh water is not included) it occupies more than 6% of the Earth's surface. Since Canada uses primarily English-derived common law, the holders of the land actually have land tenure (permission to hold land from the Crown) rather than absolute ownership. The Crown is given permission to hold land by treaty granted by the Indigenous people of Canada.[1]

Monday, May 22, 2023

Identification of real property

REAL property,To be of any value, a claim to any property must be accompanied by a verifiable and legal property description. Such a description usually makes use of natural or man-made boundaries such as seacoasts, rivers, streams, the crests of ridges, lakeshores, highways, roads, and railroad tracks or purpose-built markers such as cairns, surveyor's posts, iron pins or pipes, concrete monuments, fences, official government surveying marks (such as ones affixed by the National Geodetic Survey), and so forth. In many cases, a description refers to one or more lots on a plat, a map of property boundaries kept in public records.

Tuesday, May 16, 2023

Flat-Fee Real Estate Agents

Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example,[11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller’s property will appear in the Multi Listing Service (MLS), but the seller will represent him or herself when showing the property and negotiating a sales price.[12] The result is the seller pays less commission overall (roughly half) when the property sells.[13] This is because a seller will pay a percentage of the sales price to a buyer’s agent but not have to pay a percentage to a seller’s agent (because there isn’t one –

Friday, May 12, 2023

REal estate broker

REal estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full service broker but this percentage varies by state and even region.[2] This commission can be divided up with other participating real estate brokers or agents. Flat-fee brokers and fee-for-service brokers can charge significantly less depending on the type of services offered.

Sunday, May 7, 2023

A real estate broker

A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full service broker but this percentage varies by state and even region.[2] This commission can be divided up with other participating real estate brokers or agents. Flat-fee brokers and fee-for-service brokers can charge significantly less depending on the type of services offered.

Monday, May 1, 2023

A mortgage

mortgage is a loan financing the purchase or maintenance of a property, land, or other types of rental properties. The lender agrees to pay back the loan over some time, generally in a series of regular installments divided into principal and interest. The property serves as protection for loans.A mortgage is a loan financing the purchase or maintenance of a property, land, or other types of rental properties. The lender agrees to pay back the loan over some time, generally in a series of regular installments divided into principal and interest. The property serves as protection for loans.

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