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Real estate license. A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many ...
Graduate real estate education is the study of real estate development at the graduate school level. It has taken many forms, giving rise to various educational models in different countries. The decision for individuals pursuing higher education in this field often comes down to choosing between a traditional degree with a focus on real estate ...
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1] A title search is also performed when an owner ...
The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
v. t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [ 1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...
The Fundamentals of Engineering ( FE) exam, also referred to as the Engineer in Training ( EIT) exam, and formerly in some states as the Engineering Intern ( EI) exam, is the first of two examinations that engineers must pass in order to be licensed as a Professional Engineer (PE) in the United States. The second exam is the Principles and ...
The Contracting Officer's Technical Representative is responsible for monitoring the contractor's progress in fulfilling the technical requirements specified in the contract. Should the contractor fail to fulfill the contractual requirements, the COTR must inform the CO of such failure. The COTR maintains administration records, approves ...
The District of Columbia defines "lead-based paint" as any "paint, surface coating that contains lead equal to or exceeding 0.7 milligram per square centimeter (0.7 mg/cm2) or 0.5% by weight." [9] This is more stringent than the HUD lead-based paint standard of 1.0 mg/cm2) . Some states have adopted this or similar definitions of "lead-based ...
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