There are three main types of appraisal reports: Summary report Restricted use report Self contained report A restricted use appraisal

The Real Estate Commissioner may temporarily suspend, or permanently revoke, the license of a real estate licensee for a violation

Rescission refers to the legal concept of removing or “un-making” a contract. It brings both parties back the original state

If a borrower takes out of mortgage for a property, the lender holds a security interest in that property. When

A real estate agent — also referred to as a real estate salesperson — is a licensed professional who has

Agents are expected to possess a reasonable level of knowledge and skill in assisting principals. In hiring a licensee, a

A remainder interest refers to an individual with an interest in an estate in the future. Such interest may be

The concept of recreational user immunity provides one exception to a landlord’s liability for individuals on the property: Owners do

Reformation refers to a court’s ability to alter the contents of a legally-binding contract in order to clarify conflicting or