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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 20
- 1 min
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 19
- 1 min
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...
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professor566
- Jun 18
- 1 min
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 18
- 1 min
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 17
- 1 min
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 16
- 1 min
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...
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professor566
- Jun 15
- 1 min
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...
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professor566
- Jun 14
- 1 min
What is a Balloon Mortgage?
A balloon mortgage is a mortgage with a fixed monthly payment for a set term, followed by a final, much larger payment (balloon payment)...
4 views1 comment
TOCR Real Estate School
- Jun 14
- 1 min
Summer Sale: $50 Off Upcoming Class
Summer Special You can now buy and save $50 off of our upcoming real estate pre-licensing course starting on June 19! Click here to...
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professor566
- Jun 13
- 1 min
What is an Assessment?
An assessment is the estimated value of a property used to calculate property taxes. Would you like to learn more about Real Estate? Have...
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professor566
- Jun 12
- 1 min
What is Appreciation?
Appreciation is an increase in the value of a property over time. Would you like to learn more about Real Estate? Have you ever wanted to...
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professor566
- Jun 11
- 1 min
What are Amenities?
Amenities are features offered by a property or development, such as a pool, gym, or concierge service. Would you like to learn more...
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professor566
- Jun 9
- 1 min
What is an Adjustable Rate Mortgage?
An adjustable rate mortgage (ARM) is a loan where the interest rate can fluctuate over time. Would you like to learn more about Real...
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professor566
- Jun 8
- 1 min
What is an Acre?
An acre is a unit of area used to measure land, equal to 43,560 square feet. Would you like to learn more about Real Estate? Have you...
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professor566
- Jun 7
- 1 min
What is an Abstract of Title?
An abstract of title is a document summarizing the ownership history of a property. Would you like to learn more about Real Estate? Have...
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TOCR Real Estate School
- Jun 7
- 1 min
Summer Sale: June 19th Real Estate Pre-Licensing Course
Summer Special You can now buy and save $50 off of our upcoming real estate pre-licensing course starting on June 19! Click here to...
2 views1 comment
professor566
- Jun 6
- 1 min
What is a Wrap Around Mortgage?
A wrap around mortgage is a financing option that allows a buyer to purchase a property with a twist: the seller holds onto their...
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professor566
- Jun 5
- 1 min
What is a Warranty Deed?
A warranty deed a legal document used when a property is sold. It offers a guarantee from the seller (grantor) to the buyer (grantee)...
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professor566
- Jun 4
- 1 min
Where are Examples of Victorian Architecture?
San Francisco is famous for its Victorian-era houses. These beautiful and ornate homes, available in a variety of styles like Queen Anne...
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