Understanding the new real estate rules in 2025 is crucial for anyone involved in buying, selling, or investing in property, as these regulations impact taxes, financing, and legal compliance, potentially saving you thousands and ensuring smoother transactions. Keeping current with market shifts and legislation ensures you avoid pitfalls and capitalize on available benefits. Overview of…
Waterfront properties are highly sought after, not just for the serenity they offer but also for the boating potential they bring. Imagine waking up every morning to the sound of gentle waves and having the ability to hop onto your boat for a quick sail. However, this dream can become a complicated reality if you’re…
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The term “et al.” is often used in legal documents and academic writing, but it may also appear in real estate documents, such as contracts, deeds, and titles. “Et al.” is a Latin phrase that means “and others.” When used in a legal context, it indicates that additional people are involved in the matter being…
In real estate, “BOM” stands for “Back on Market.” This term is used to indicate that a property that was previously under contract is now available again for sale. When a property goes under contract, it means that the seller has accepted an offer from a buyer, and the property is no longer available for…
An option fee is a common term used in real estate transactions. A buyer pays a fee to a seller in exchange for the exclusive right to purchase a property within a specified time frame. The option fee is typically a small percentage of the overall purchase price and is credited towards the buyer’s down…
First impressions are everything, and what you wear to a real estate interview can greatly impact your potential employer. Here are some tips on what to wear to a real estate interview: Dress Professionally: It is important to dress professionally for a real estate interview. This means wearing a suit or dress pants, a blazer,…
As a real estate client, you may find yourself in a situation where you need to part ways with your current broker. This can be a difficult conversation to have, but it is important to handle it professionally and respectfully. Here are some tips on how to tell your real estate broker you are leaving:…
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So, you’re ready to take the FL real estate exam? Congratulations! This is an important step towards becoming a licensed real estate agent in the state of Florida. However, passing the exam can be challenging and requires preparation and focus. Here are some tips on how to pass the FL real estate exam: Study the…
Turnkey real estate in Florida means a property that is ready for immediate occupancy. As an investor, you don’t have to worry about doing any repairs or renovations – the current owner has already done them all. This can be especially advantageous if you’re new to investing and don’t have much experience with renovating homes….
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Entitlement in real estate refers to the rights and privileges associated with owning or using a property. It is a legal term that encompasses zoning, building permits, public infrastructure improvements, and other considerations related to land use. Entitlements are granted by local governments and can vary depending on specific regulations and laws. In some cases,…
