Habendum Clause Definition
The habendum clause typically is a section of a contract that deals with rights and to whom or what is granted. A clause identifies a particular section of a real estate contract (for those of you who don’t know). There …
Year: 2020
Title Theory vs Lien Theory
As we all know, real estate laws vary from state to state. In title theory states, banks or mortgage lenders hold the title of a property until it is paid in full. In lien theory states, however, banks or mortgage …
Dominant vs Servient Estate
Let’s talk about the Dominant and Servient Estate which have to do with easements. Understanding the difference between both estates is vital for the real estate exam. For those of you who don’t know what an easement is – an …
Dual Agency Guide
Ever wonder what it would be like to represent a buyer and a seller in a transaction? Well, dual agency is just that. Dual agency is when one real estate agent represents both the buyer and seller in a transaction. …
15 Non-Traditional Real Estate Careers
Someone asked me recently what are some non-traditional real estate careers. So, I figured I’d compose a list of 15 different, non-traditional career paths in real estate. Hopefully, by reading this list, you’ll discover some things you can do in …
Air Rights Definition
In general, air rights are pretty important when it comes to real estate and are vital to understand for the real estate exam. Today we break them down and highlight what’s most important for the exam. What are Air Rights? …
