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Water Rights Definition

Having land connected to water can be a huge plus for some property owners. It also can be sought after by businesses. Water rights can be somewhat complicated when it comes to the legality, but don’t worry; that’s what we’re …

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Bundle of Rights

Bundle of Rights Definition

Real estate property holds with it specific rights. These legal rights can be split up and given to different parties and are called the bundle of rights. What is the Bundle of Rights? Definition: When a person purchases property, he …

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government powers

Government Power Definition

Government powers within the world of real estate can be complex. In short, government powers enforce laws to promote the general welfare of the United States and its people. What is Government Power? Definition: Government power is the constitutional authority …

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Contingent Definition

When you and your clients are searching the market for new homes, often you’ll run across properties in different states of activity. A contingent property simply means an offer for the property has been accepted by the seller. They are …

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How much do real estate agents make image

How Much Do Real Estate Agents Make?

The short answer is, “it depends.”Not all real estate agents earn the same amount of money. For starters, real estate agents enter the profession for many different reasons. Some become a real estate agent for the money, some for the …

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Lien Definition

A lien gives someone else a right to something you own. Liens are something not often talked about, although they should be. Liens can make your life a huge mess! Or, in some instances, be a lifesaver. In short, a …

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