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Hladik, Chair, Legal League This article originally appeared in the March 2025 edition of MortgagePoint magazine, online now. Hladik serves as Chair of Legal League , and is a Partner at Hladik, Onorato & Federman LLP. Q: What were some of the key accomplishments of Legal League in 2024?
Seasoned leaders, who have not only successfully endured but thrived in recent years, will curate unparalleled content, and have assembled top-notch experts to empower attendees with the tools needed to propel their business forward.
Topics include: Real estate license law, agency, contracts, realproperty, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. out of 5 stars Rating: 4.5
She went from viewing occupational licensing as a necessary means to protect the safety and welfare of the public to a cynical tool promoted by established businesses to erect barriers against innovation and competition. Are Bifurcated Appraisals Legal in Your State? Those promoting these questionable products claim it will reduce….
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 helps both parties move forward with a clear understanding of their assets.
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]
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. Who Conducts Commercial Real Estate Appraisal Reviews? What Should You Do If You Need a Commercial Real Estate Appraisal Review?
However, REALTORS® have additional access to tools and resources and a stronger expertise of the current market and the industry, all through NAR. million members including real estate salespeople, real estate brokers, property managers, appraisers, and many more. What is NAR?
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. A key element in classic fraudulent transactions is getting an appraisal that overvalues the property.
Appraisers are often subpoenaed in legal disputes involving third parties, usually being tied to the dispute for no other reason than having appraised a property involved in the dispute. This statement definitely applies in the appraisal of realproperty. Is it always dollar for dollar? Sometimes it is.
1031 ), which defines the conditions for tax deferral on the sale of real estate. In other words, taxes can be deferred on the profitable sale of a commercial property as long as the proceeds are “exchanged” into a new property of “like kind” that is held for investment purposes.
Completion Certificates: In order to take the Ohio Real Estate Licensing Exam, you need to meet the 120-hour sales associate pre-licensing requirement. Note: All Prelicense Courses meet Ohio’s 120-hour sales associate pre-licensing requirement. In the case of a failing grade, you may retake the course up to two times, excluding withdrawals.
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