McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. When should we analyze the contract? Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Housing Wire

OCTOBER 9, 2023

Special considerations for attorneys in Illinois Applying for your initial real estate broker license based on attorney status? To qualify for an Illinois broker license as an attorney, you must be at least 18 years old and be admitted to practice law by the Illinois Supreme Court.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. for example, the certification adds more language certifying that the appraisal does not discriminate and is completed consistent with fair housing laws.

Contracts 52

Contracts Appraisal HOA Architecture 52

The Robert Weiler Company

OCTOBER 15, 2021

Another mistake – perhaps one of the more obvious (and, consequently, most detrimental) mistakes – is contracting the commercial property for sale in your personal name. Failing to confirm the commercial property’s compliance with building codes and regulations. The 2017 Tax Cuts and Jobs Act, also known as Public Law No.

Investing 138

Investing Real Estate Tenants Investors 138

McKissock

SEPTEMBER 15, 2020

But it would be a violation of state law or regulation, depending on who set forth the requirement that you have to include your certification or license number and title with your signature. Failure to disclose significant real property appraisal assistance is another common violation. Failure to disclose appraisal assistance.

Appraisal 52

Appraisal Property Appraisal Real Property Law 52

McKissock

AUGUST 11, 2020

Here are several do’s and don’ts to help you avoid situations that may get you into trouble as a real estate appraiser. Do familiarize yourself with your state’s appraisal laws and rules/regulations. Changing the appraised value simply for the purpose of meeting the contract sales price is not a good reason.

Appraisal 64

Appraisal Clients Real Estate Law 64

Hood Homes Blog

SEPTEMBER 23, 2019

The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! Texas Seller’s Disclosure Law. The Seller’s Disclosure is required under Texas State law. SELLER’S DISCLOSURE OF PROPERTY CONDITION.

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Inspection Sellers Law Agents 54

McKissock

JULY 24, 2020

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. This law is often called the Administrative Procedures Act, but some states call it something different.

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Appraisal Law Government Real Estate Agent 53

Eppraisal

OCTOBER 28, 2021

Seller's Residential Disclosures The seller's residential disclosures that you'll most likely be filling out and signing are: a state residential real property disclosure report, a disclosure of information on radon hazards, a mold disclosure and a lead-based paint disclosure. You simply check "yes," "no" or "not applicable."

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Inspection Sellers Contracts Buyers 36

Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. . Compliance with the Equal Credit Opportunity Act.

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McKissock

SEPTEMBER 20, 2021

Keep reading to learn how to improve real estate risk management, and avoid getting into trouble with the law, by putting your clients’ interests first. This includes “opinions of real property value or price.” Working with different types of real estate clients. Overview of NAR Code of Ethics: Articles 1–13.

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Real Estate Clients Real Estate Agent Realtors 58

Appraisal Today

JUNE 24, 2022

Appraisers should familiarize themselves with their state laws regarding water frontage and related rights, as they can vary from state to state. Among the rights that come with real property ownership is the right to exclude others. The average contract interest rate for 15-year fixed-rate mortgages increased to 5.05

Appraisal 52

Appraisal Contracts Mortgage Easement 52

Housing Wire

NOVEMBER 30, 2023

Features Lessons by Topics Outlined in Candidate Handbook, Real-time Dashboards, Dynamic Practice Exams & Review of Results. Post-license CE $209 20-Hour Post-Licensing Course: Covers Current Laws, Steps to Business Success & Fiduciary Duties. Athens Campus location. Meeting times will be arranged by the instructor.

Real Estate 448

Real Estate Real Estate Agent Law Inspection 448

Appraisal Today

SEPTEMBER 9, 2022

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must: (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) The average contract interest rate for 5/1 ARMs increased to 4.81

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Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Today

OCTOBER 27, 2023

Gavin Newsom has signed into law Assembly Bill 1033 on October 11, 2023. This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication. Now, there are state laws. == Are Some Appraisers Actually Making More Money This Year?

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Property Appraisal Appraisal Business Contracts 75