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professor566
Jul 51 min read
What are Carrying Costs?
Carrying costs, also sometimes called holding costs or carrying charges, are the ongoing expenses associated with owning a...
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professor566
Jul 41 min read
What is Cash Flow?
In real estate, cash flow refers to the money you earn from a property minus the money you spend on it. Basically, cash flow is the money...
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professor566
Jul 31 min read
What is a Contingency?
In a real estate contract, a contingency is a clause that outlines a specific condition that needs to be met before the contract is...
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professor566
Jul 21 min read
What are Comparable Sales?
Comparable sales or comps are properties that are similar to the one you're interested in, in terms of location, size, and features....
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professor566
Jun 301 min read
What is a Contract for Sale?
A contract for sale is a legally binding agreement outlining the terms of a real estate transaction, including the purchase price,...
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professor566
Jun 291 min read
What is Chain of Title?
Chain of title is the historical record of ownership for a property, tracing it back to the original owner. Would you like to learn more...
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professor566
Jun 271 min read
What is Capitalization Rate?
Capitalization rate or cap rate is a metric used to estimate the return on investment for a rental property. It's calculated by dividing...
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professor566
Jun 261 min read
What is a Cooperative?
A cooperative (co-op) is a type of ownership where you purchase shares in a corporation that owns the entire building. You then have the...
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TOCR Real Estate School
Jun 261 min read
Graduate Testimonial - Elizabeth Bucceri
Elizabeth Bucceri is a graduate from our real estate school. If you are interested in becoming a real estate agent then register today...
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professor566
Jun 251 min read
What is a Condominium?
A condominium (condo) is a type of ownership where you own a single unit within a larger building, along with a shared interest in the...
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professor566
Jun 231 min read
What is a Certificate of Occupancy?
A certificate of occupancy is a document issued by the local government that verifies a property is safe and meets building codes, and...
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professor566
Jun 221 min read
What is a Closing Disclosure?
A closing disclosure is a document provided to buyers before closing that details the final settlement charges associated with the...
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professor566
Jun 211 min read
What is a Closing?
A closing refers to the final meeting where the ownership of a property is transferred from seller to buyer. At closing, all the...
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professor566
Jun 201 min read
What is a Breach of Contract?
A breach of contract happens when a party fails to fulfill their obligations as outlined in a real estate contract. Would you like to...
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professor566
Jun 191 min read
What is a Blanket Mortgage?
A blanket mortgage is a single loan that covers multiple properties. This is often used by investors who own several properties. Would...
2 views1 comment
professor566
Jun 181 min read
What are the Bundle of Rights?
The bundle of rights are the various legal rights associated with property ownership, such as the right to possess, use, exclude...
3 views1 comment
TOCR Real Estate School
Jun 181 min read
Hybrid Real Estate Pre-Licensing Course: July 8-26, 2024
Just Announced! New hybrid real estate pre-licensing course announced for July 8-26, 2024. You can choose to either take this course...
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professor566
Jun 171 min read
What is Common Area Maintenance?
Common area maintenance (CAM charges) are the fees paid by condo owners or building tenants to cover the maintenance and upkeep of the...
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professor566
Jun 161 min read
What is the Building Code?
The building code is a set of regulations that govern the construction, renovation, and maintenance of buildings to ensure safety and...
2 views1 comment
professor566
Jun 151 min read
What is a Bargain and Sale Deed?
A bargain and sale deed is a type of deed that transfers ownership of a property but doesn't offer any warranties or guarantees about the...
3 views1 comment
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