Certificate of Occupancy
A certificate of occupancy, also called a "C of O" for short, is a document issued by the municipal authorities stating that a building...
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TOCR Real Estate School
Mar 3, 20221 min read
What is Dual Agency?
An agent who represents both the buyer and the seller at the same time is considered a dual agent. It can also occur when an agent...
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Darlene Freidman
Mar 1, 20221 min read
What is a Comparative Market Analysis (CMA)?
A comparative market analysis (CMA) is a valuation estimate for a home that is used to assist agents in setting the list price for a...
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TOCR Real Estate School
Mar 1, 20221 min read
What is Required to Renew Your License After 2 Years?
In order to qualify for license renewal, a salesperson must complete 12 credit hours of CE applicable to the license term. At least six...
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TOCR Real Estate School
Feb 28, 20221 min read
How Long Is A Real Estate License Valid in NJ?
In New Jersey, all real estate licenses are issued on the basis of a 2-year license term. Interested in a career as a real estate agent?...
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TOCR Real Estate School
Feb 27, 20221 min read
Upcoming Weekday Class!
Our next weekday class is starting on March 7th, 2022! Have you been thinking about a career in real estate? Check out our upcoming real...
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TOCR Real Estate School
Feb 26, 20221 min read
What's A Realtor®?
A Realtor® is a real estate professional who is also a member of the National Association of Realtors® (NAR). To become a member, real...
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TOCR Real Estate School
Feb 25, 20221 min read
Easement Appurtenant
A covenant or contract that runs with the land is called an easement appurtenant. When the title to the real property is transferred to a...
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TOCR Real Estate School
Feb 24, 20221 min read
What Is An Easement?
The legal right to use another person’s property for a specific purpose is called an easement. In layman’s term, an easement is a right...
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Darlene Freidman
Feb 24, 20221 min read
What is a Seller's Market?
In real estate, a seller's market occurs when demand exceeds supply. In other words, there are a large number of potential buyers, but...
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TOCR Real Estate School
Feb 23, 20221 min read
How Are Littoral Rights Different than Riparian Rights?
These two types of rights are extremely similar, but there is one significant distinction. Littoral rights are given to owners of...
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TOCR Real Estate School
Feb 22, 20221 min read
What is Real Property VS Personal Property
Real property and personal property are both terms that are frequently discussed in Real Estate School. Real Property can be defined as...
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TOCR Real Estate School
Feb 22, 20221 min read
Still Considering a Career in Real Estate?
Here are a few reasons why a career in real estate may be a good fit for you. Interested in a career as a real estate agent? Visit...
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TOCR Real Estate School
Feb 20, 20221 min read
Upcoming Class Schedule : Reserve Your Spot Today!
Our upcoming real estate pre-licensing courses are filling up fast! Make sure to secure your seat at tocrres.com/register ! #RealEstate...
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TOCR Real Estate School
Feb 19, 20221 min read
What is a clear title contingency and how does it protect buyers?
A title search is conducted prior to the purchase of a new home to ensure that a buyer receives a free and clear title to the property. A...
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Darlene Freidman
Feb 18, 20221 min read
Finding the Perfect Home!
Starting a home search can be intimidating at first because there are so many options available! A skilled real estate agent can assist...
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Darlene Freidman
Feb 18, 20221 min read
First Impressions Are Everything!
You only get one chance to make a good first impression. Among the most important components of selling your property is to ensure that...
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TOCR Real Estate School
Feb 17, 20221 min read
Appraisal Contingency
An appraisal contingency states that a satisfactory home appraisal must be completed. This clause protects both the buyer and the lender...
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TOCR Real Estate School
Feb 17, 20221 min read
What is a home of choice contingency and why are we seeing more of them in today's market?
Due to a lack of inventory, it’s becoming increasingly common for sellers to list their home with a contingency in place that allows them...
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TOCR Real Estate School
Feb 16, 20221 min read
Inspection Contingency
An inspection contingency sets a window of time in which a buyer must complete a home inspection. This helps to ensure that there are no...
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