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Higher category: Law and Common law. v. t. e. A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1]
The merger also refers to the doctrine whereby "a fee simple estate, once fragmented into present and future interests, can thereafter be reconstituted. 'Merger is the absorption of a lesser estate by a greater estate, and takes place when two distinct estates of greater and lesser rank meet in the same person or class of persons at the same time without any intermediate estate.' "[1 ...
Arizona is the sixth largest state by area, ranked after New Mexico and before Nevada. Of the state's 113,998 square miles (295,000 km 2 ), approximately 15% is privately owned. The remaining area is public forest and parkland, state trust land and Native American reservations.
Faccone cited Walletinvestor’s research, which predicted that Arizona home values are expected to decrease in the next 12 months. “Median home values rose by 50.5% to $221,665 between 2023 to ...
Property law. The vast majority of states in the United States employ a system of recording legal instruments (otherwise known as deeds registration) that affect the title of real estate as the exclusive means for publicly documenting land titles and interests. The record title system differs significantly from land registration systems, such ...
That customary rate is no longer the default. Sellers can now expect to be asked for just one side of the commission pot, or what would now average 2.5% to 3%. "For the first time now, buyers will ...