Buying a home is one of the biggest investments that most people will make in their lifetime. It’s an exciting process but can also be overwhelming with all the financial aspects involved. Two key terms you’ll hear when purchasing a house are closing costs and down payments. But what exactly are closing costs and down […]
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Corey has over 15 years of experience as a real estate broker and educator. He is dedicated to providing valuable insights and guidance for those looking to enter the real estate industry.
What is Real Estate Relationship? You Should Know
In the world of real estate, relationships play a vital role in creating successful transactions. Whether you are buying or selling a property, having a good relationship with your agent can make all the difference. In this document, we will focus the importance of real estate relationships and and its types. What is Real Estate […]
The Civil Rights Act of 1866 | Purpose & Impact
The Civil Rights Act of 1866 was a landmark legislation passed by the United States Congress on April 9, 1866. This act was introduced in response to the growing discrimination and violence against African Americans, particularly in the southern states. It aimed to grant equal rights and opportunities to freed slaves following the end of […]
What is the Principle of Progression in Real Estate?
In real estate, two important concepts that drive the market are progression and regression. Both of these principles play a crucial role in determining the value of a property. This post will help you understand what progression and regression are, how they affect the real estate market, and why it is important to consider them […]
What Is A Leasehold Estate | Types & Examples
A leasehold estate is a type of ownership often used in rental and commercial properties. It refers to the right to use or occupy a property through a lease agreement between the lessor (property owner) and lessee (tenant). This article will explain the elements, characteristics, advantages, and disadvantages of this type of real estate ownership. […]
What is Lease Vilation? How to Respond Notice
When renting or leasing a property, the tenant and landlord enter into a legally binding agreement known as a lease. This document outlines the terms and conditions of the rental arrangement, including but not limited to rent amount, duration of lease, and any rules or regulations that must be followed. Unfortunately, sometimes, the tenant does […]
What is Alienation in Real Estate? Types, How it Works
Alienation is a term that is commonly used in the real estate industry. Many people need clarification about the meaning of alienation, especially when it comes to the context of real estate. This post will discuss what alienation is in real estate and how it affects property ownership. What is Alienation in Real Estate? Alienation […]
What is a Sandwich Lease? How They Work
When it comes to leasing a property, one can enter into different types of leases. One such lease is the sandwich lease. This type of lease involves three parties: the tenant, the landlord, and the sub-tenant. This post will help to provide a deeper understanding of what a sandwich lease is and how it works. […]
Accretion in Real Estate: Basics & Impact
Real estate is a constantly growing and evolving industry. Real estate accretion is one of the key concepts that play a vital role in this industry. It refers to the gradual growth of land through natural processes such as water or wind. This process can take years, decades, or even centuries to form new land […]
What is Conformity in Real Estate | Definition & Example
In the world of real estate, conformity plays a crucial role in shaping the industry. It refers to adhering to certain standards and norms that govern the behavior and practices within the real estate market. This ensures consistency and reliability in transactions and protects the interests of all parties involved. Conformity is important for maintaining […]