Why should a real estate listing contract be in writing and what are the essential elements of a listing contract?

Q: Briefly describe the conceptual basis for asset and liability recognition under the right-of-use…

A: lessee is the tenant or the person who holds the property or asset under lease. Right of use means…

Q: When should a property be sold?

A: Sale of property: The act of transferring the title to the buyer by the seller after receiving the…

Q: Define and provide an example for each of the following: Real property Personal property Tangible…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Who will have control over the operation of the property and decisions involving capital…

A: Real estate properties refers to a tangible property. Real estate property is generally used to…

Q: Give an Examples of Leasehold Estates?

A: The question is based on the concept of lease, which is consider as special type of time bond…

Q: What is a land contract?

A: Land contract: A land contract is a course of action between a consumer and a dealer that applies to…

Q: Explain the term Land Contracts?

A: Land contracts: A land contract is an arrangement of vendor financing. It is alike to a loan, but…

Q: Tn real estate question

A: An affiliate broker is a person who is licensed and works as an agent but not working in his or her…

Q: (BUSINESS LAW)   Provide a very clear and detailed introduction on the meaning of “REAL PROPERTY”…

A: REAL PROPERTY Real property is synonymous with Real Estate and it is the land, everything that is…

Q: Which are Some underlying facts regarding the real estate industry?

A: Real estate industry comprises of activities such as development, appraisal, constructing,…

Q: What is an option contract? How is it used in the land acquisition? What should developers be…

A: A contract amongst a seller and buyer, under which the option buyer has the right to sell or…

Q: How can a leased fee estate have a value that could be transferred to another party?

A: The question is based on the concept of valuation of real estate used under lease arrangement.

Q: What is the proper methods of accounting for and administering an estate and the corresponding legal…

A: Estate planning: When a discussion arises on estate planning, accounting of the same means to…

Q: What is the effect of loss of the thing or object in a contract of sale?

A: What is the Sale of contract: It is the legal contract between seller and buyer to sale the goods at…

Q: when evaluating a tenant and a lease proposal, the owner considers it?

A: Lease is an agreement where landlord and tenant agrees to certain terms and conditions. In this…

Q: Accounting for property dividends and accounting for property payables explanation and example.

A: Answer: Accounting for Property dividends covers the dividend paid to investors in form of assets.…

Q: Real

A: Real estate appraisal formats: A professional appraiser conducts and submits an appraisal report…

Q: List and characterize equity REITs based on their property types.

A: Real estate finance involves borrowing or lending of money from another party for the purpose of…

Q: right of use asset and a lease liability on the part of the lessee?

A: Lease -: A Lease is an agreement summarizing the conditions in which one party decides to rent…

Q: Describe an asset held for sale and state three conditions that must apply?

A: Asset held for sale::: It is  a current asset or disposal group to be classified as held for sale if…

Q: What are the types of agreement related to sale-leaseback agreement?

A: Sale and Leaseback Agreement is a kind of financial transaction. This is a situation that arises…

Q: What is the motivation for a sale-leaseback of the land?

A: Lease is the agreement between the two parties that is lesser and lessee where lesser allows the…

Q: How do IRS regulations affect leasing decisions?

A: Regarding the lease of capital, IRS laws grant the leaser permission to collect data tax advantages…

Q: What would be the gain or loss on sale of land in the transaction attached? Why?

A: Gain or loss from sale of asset is calculated when book value of the asset is different from the…

Q: The requirement of a real estate property manager to act in the best interests of the landlord when…

A: Due process refers to the legal requirement that the state respect all legal rights owed to a…

Q: What is the correct classification of Land and Building for lease? Where do assets valued at?

A: Introduction As per relevant standard lease can be of two types finance lease or operating lease,…

Q: What are the three rights associated with real estate? List them in the first sentence. Then…

A: There are total 5 rights which the Title holder of the real estate have. These are listed as below:…

Q: Refer to the definition of assets on page 204. Discuss howa leased building might qualify as an…

A:

Q: What is the purpose of the charge and discharge statement that the executor of an estate issues?

A: Charge and Discharge Statement: To show the progress of the settlement of the estate, the executor…

Q: Are deeds the only acceptable way to legally transfers a property? Why or not?

A: The deed is legal document that is valid and is paid value and legally binding documents.

Q: Which of the following is NOT a required disclosure (if applicable), either by the seller or by the…

A: Ans: Confirmation of agency: Every real estate licensee is required to disclose his or her agency…

Q: How does a seller financing differ from a land contract ?

A: In the real estate context, seller financing means the seller transfer the title to the buyer of the…

Q: What are the different arrangements for who pays the ongoing expenses related to a leased property?…

A: In this question, we will be discussing about different method of ongoing expenses related to a…

Q: Beyond the basic requirement of a legally enforceable contract that suggest the issues in real…

A: The following are some key issues that are part of the real estate contract:Lawful Issues: The other…

Q: The co-owner of an immovable property has a right to exercise A. pre-emption B. Redemption C.…

A: The co owner may exercise the right of redemption in case the immovable property...

Q: When a note payable is issued for property, the property is recorded using the fair value of the…

A: A NOTE PAYABLE IS A WRITTEN NOTE . WHICH CONTAINS THE AGREEMENT BETWEEN A BORROWER AND LENDER WHERE…

Q: How do you determine the basis of acquired property in a like-kind exchange?  Give an example

A: Exchange of like-kind business/investment real property - The gain or loss on exchange of kind" real…

Q: The general real estate practice term for the standard by which real estate commission disputes are…

A: Disclaimer:- “Since you have asked multiple question, we will solve the first question for you. If…

Q: which outlines major classifications used to identify and group different types of real estate

A: Real estate is the dealing of property and buildings for the purpose of residential, commercial and…

Real Estate

Real estate means ownership of land along with the assets and natural resources that exist on the land. These properties are in real/physical form which is tangible. Real estate simply means land or addition made to land permanently like constructing a residence or different buildings. People invest in real estate to either reside or for wealth creation. Many people investing in real estate further lend the place for occupation or businesses in return for a monthly payment.