What is an Investment Property?
An investment property is a property that is purchased with the intention of generating income, such as rent or royalties. Considering a...
top of page
Search
TOCR Real Estate School
Aug 28, 20231 min read
What is an Interest Rate?
An interest rate is the percentage of the loan amount that the borrower must pay to the lender each year. Considering a career in real...
2 views1 comment
TOCR Real Estate School
Aug 28, 20231 min read
What is an Inspection Contingency?
An Inspection Contingency is a clause in a real estate contract that allows the buyer to cancel the contract if the home inspection...
1 view0 comments
TOCR Real Estate School
Aug 28, 20231 min read
What is Inclusionary Zoning?
Inclusionary Zoning are zoning laws that require developers to include a certain percentage of affordable housing units in their...
7 views0 comments
TOCR Real Estate School
Aug 21, 20231 min read
What is a Homestead Exemption?
A homestead exemption is a tax exemption that homeowners can claim on their property taxes. Considering a career in real estate? Check...
1 view0 comments
TOCR Real Estate School
Aug 21, 20231 min read
What is a Fiduciary Responsibility?
The relationship between a real estate agent and a client. Considering a career in real estate? Check out our upcoming pre-licensing...
3 views0 comments
TOCR Real Estate School
Aug 14, 20231 min read
What is a No Objection Certificate (NOC)?
A No Objection Certificate (NOC) document that is issued by a lender to a borrower, stating that the lender does not object to the...
203 views0 comments
TOCR Real Estate School
Aug 14, 20231 min read
Google Review - Brynn B.
Brynn, thank you for submitting this review! Are you considering a career in real estate? Check out our upcoming pre-licensing courses...
3 views1 comment
TOCR Real Estate School
Aug 14, 20231 min read
What is the National Association of Realtors (NAR)?
The National Associations of Realtors (NAR) is a trade association that represents real estate professionals in the United States. NAR is...
0 views0 comments
TOCR Real Estate School
Aug 14, 20231 min read
What is Nonhomogeneity?
Nonhomogeneity is a lack of uniformity in a property or neighborhood. Nonhomogeneity can make it difficult to value a property, as it can...
2 views0 comments
TOCR Real Estate School
Aug 14, 20231 min read
What is Noncomforming Use?
A use of property that is not permitted by the zoning ordinance. Nonconforming uses are often grandfathered in, meaning that they are...
1 view0 comments
TOCR Real Estate School
Jul 31, 20231 min read
What is Variance?
Variance is a permit that allows a property to be used in a way that is not allowed by the zoning laws. Considering a career in real...
0 views0 comments
TOCR Real Estate School
Jul 31, 20231 min read
What is Title Insurance?
Title insurance is insurance that protects the buyer against any title defects. Considering a career in real estate? Check out our...
3 views1 comment
TOCR Real Estate School
Jul 31, 20231 min read
What is a Settlement?
A settlement is the final step in a real estate transaction, when the buyer takes possession of the property and the seller receives the...
0 views0 comments
TOCR Real Estate School
Jul 31, 20231 min read
What is a Title?
A title is a legal document that proves ownership of a property. Considering a career in real estate? Check out our upcoming...
1 view0 comments
TOCR Real Estate School
Jul 24, 20231 min read
Real Estate Agent
A real estate agent is a licensed professional who can help buyers and sellers buy, sell, or rent property. Considering a career in real...
1 view0 comments
TOCR Real Estate School
Jul 24, 20231 min read
Back-Up Offer
A back-up offer is an offer to purchase a property that is made after the seller has already accepted another offer. Considering a career...
2 views0 comments
TOCR Real Estate School
Jul 24, 20231 min read
Closing Costs
Closing costs are the fees associated with the closing of a real estate transaction, such as title insurance, appraisal fees, and...
0 views0 comments
TOCR Real Estate School
Jul 24, 20231 min read
Homeowners Association (HOA)
A homeowners association is a group of homeowners who create and enforce rules and regulations for a specific property or community....
1 view0 comments
TOCR Real Estate School
Jul 24, 20231 min read
Property Disclosure
Property disclosure is a document that provides information about the condition of a property. Considering a career in real estate? Click...
2 views0 comments
bottom of page