Appraiserblogs

AUGUST 1, 2022

Her experience as a licensed real property appraiser in West Virginia turned out to be the perfect training ground for the study of public corruption, restraint of trade and government overreach. Are Bifurcated Appraisals Legal in Your State? Who would have thought it?

Legal 128

Legal Training Property Appraisal Law 128

The Robert Weiler Company

SEPTEMBER 18, 2020

Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform real property management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!

Property Management 78

Property Management Real Property Tenants Legal 78

Appraisal Partners Blog

JANUARY 2, 2025

Introduction Life events such as divorce and the settlement of an estate can be emotionally challenging and legally complex. During these times, the division of assets becomes a crucial element of the process, and this often includes real estate. This is required by law and helps to establish a clear and defensible value.

Appraisal 78

Appraisal Legal Valuation Tools 78

Housing Wire

OCTOBER 9, 2023

According to the Illinois Department of Financial and Professional Regulation (IDFPR)’s Division of Real Estate, there is no “real estate salesperson” or “real estate agent” license in Illinois. Anyone who wants to buy and sell real estate in Illinois must possess a real estate broker license. [1]

Real Estate Agent 399

Real Estate Agent Real Estate Agents Brokerage 399

The Robert Weiler Company

JANUARY 2, 2021

As such, some investors that purchase Ohio property for sale for the purpose of flipping consider offering a land contract for their real property. Land contracts give the buyer the opportunity to inhabit the property immediately. No legal title. Who legally owns the property for sale?

Contracts 143

Contracts Tenants Legal Sellers 143

The Robert Weiler Company

OCTOBER 15, 2021

A full accounting of each service performed on the commercial property, pertaining to maintenance, operation, and repair. A record of insurance information, including existing policies and any pending or previous claims made against the commercial property. A good commercial real estate investment cannot rely solely on trust.

Investing 138

Investing Real Estate Tenants Investors 138

The Robert Weiler Company

SEPTEMBER 30, 2020

It isn’t clear who owns the appraised property. City or federally owned property is being evaluated. The physical, legal, or economic descriptions of the property are in question. Further, a property appraisal reviewer should have experience with the type of property that the professional is reviewing.

Real Estate 137

Real Estate Appraisal Valuation Property Appraisal 137

McKissock

JUNE 21, 2022

Making a very long story short, an enterprising individual investor discovered the gap and legally acquired that 8-foot strip between the lots and the water’s edge. Appraisers should familiarize themselves with their state laws regarding water frontage and related rights, as they can vary from state to state.

Appraisal 88

Appraisal Investors Legal Development 88

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. In its Standard of Practice 1-2, “client” means persons or entities with which the Realtor® has an “agency or legally recognized non-agency relationship.”

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

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.

Inspection 54

Inspection Sellers Law Agents 54

Town & Country Residential Appraisals

JULY 25, 2022

The portion of the process that no one sees, is the market data analyzing, the report writing and the overall analysis of the property in relation to value. Most states have very defined laws as to whether or not a trainee can be at a property without their supervisor.

Real Estate 58

Real Estate Training Appraisal Inspection 58

Lamacchia Realty

APRIL 4, 2024

If a person passes away without a will, also known as “dying intestate”, the property in most cases will be transferred to the closest living relatives, but this process can take longer and will require court approval. Joint Ownership – If a property is owned jointly, this means there are several people listed on the deed.

Tenants 47

Tenants Realtors Legal Real Estate 47

McKissock

AUGUST 13, 2021

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. What is an appraiser expected to analyze and give an opinion on?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Will Springer Realtor

AUGUST 2, 2022

COVENANTS, CONDITIONS & REGULATIONS: Better known as CC&Rs , they are a declaration of rules and restrictions on property owners – typically seen within a shared living community such as a condominium. EASEMENTS: An irrevocable right to use some part of another person’s real property for a particular purpose.

Easement 36

Easement Sellers Legal Buyers 36

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 401

Real Estate Real Estate Agent Law Inspection 401

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) Estate/trust appraisal liability advice from Peter Christensen. Excerpts: 2.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52