In honor of International Nurses Day, all nurses can save $100 upon registration for our upcoming real estate pre-licensing courses. Call...

A quitclaim deed is a legal document used to transfer ownership of real estate from one person (grantor) to another (grantee). Unlike...

Procuring cause boils down to identifying the real estate licensee who effectively initiated the uninterrupted chain of events that led...

In real estate, personal property refers to any belongings that are not permanently attached to the land or the structure itself. These...

A package mortgage is a loan that combines financing for both real estate and the personal property that comes with it bundled into a...

Save $100 upon registration for our upcoming real estate pre-licensing courses. Call us for more information: 201-327-7100....

A suit for partition is a legal procedure used to divide ownership of real property that is owned by two or more people as tenants in...

A mortgage pre-approval is a document issued by a lender that states their willingness to loan a borrower up to a certain amount of money...

The principal or the client is who hires the real estate brokerage. The broker of the company has a fiduciary relationship with the...

A point is prepaid interest the the lender requires at the start of a mortgage in exchange for a rate below the current cost of money. A...

PMI stands for private mortgage insurance. This is an insurance policy paid by the borrower that protects the lender in case the borrower...

PITI stands for principal, interest, taxes, and insurance. These are the four main components that make up a monthly mortgage payment...

A parcel specific piece of land which can be of any size but must have specific boundaries so it can be accurately defined. Would you...

An office building is a structure specifically designed and built for commercial use as professional workspaces. They can come in all...

The occupancy rate for a property is a ratio used to measure the percentage of available space that is currently occupied by tenants or...

Kathleen, thank you for your testimonial! Begin your career in real estate by signing up for one of our upcoming pre-licensing courses...

Owner financing is when the seller finances the purchase of the property for the buyer, instead of a traditional mortgage lender. This...

An open listing is a non-exclusive agreement between a seller and a real estate broker. The seller can work with multiple agents and is...

An option is a type of contract that gives the buyer (optionee) the right, but not the obligation, to purchase a property at a specific...

Our upcoming real estate pre-licensing courses are filling up fast! Make sure to secure your seat at tocrres.com/register ! #RealEstate...