| Real Estate Broker and Agent -- Definitions and Licensing |
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| Real estate agents are sales persons who usually work for a broker in exchange for a portion of the commission earned by the agent on a sale or purchase of real estate. Brokers usually work out of an independent business and arrange for sales of real estate. More... |
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| Sharecropping |
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| Generally speaking, the term "sharecropping" refers to an agreement between a property owner and another person whereby the property owner hires the other person to farm the property owner's land. In exchange for the person's labors, the person is entitled to receive a share of the crop or harvest. More... |
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| Preparation for Construction Claims |
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| Construction claims are so prevalent and diverse that preparation for the inevitable should be a part of each contractor's normal business routine. Though the source and nature of each claim is not known, contractors do know when the performance of their work is impacted or when events, circumstances, or situations arise that are outside the realm of the contractual provisions contemplated by the parties. In these instances, the contractor should collect any pertinent information and documentation that would support its actions or assist in the defense of any potential claims. More... |
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| Residential Leases and the Tenancies Created |
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| A lease is defined as a contract by which a landlord transfers to a tenant a leasehold interest in property. The leasehold interest is a possessory right to the quiet enjoyment of habitable premises. The lease agreement sets out the rights and duties of the landlord and the tenant during the lease period. More... |
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| Types of Tenancies |
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| Usually, when one thinks of the relationship between a landlord and a tenant, what comes to mind is a lease agreement between the parties where the tenant agrees to stay in the leased premises for a specified period of years and pay an agreed upon rent for the privilege of doing so. In actuality, the scenario described above is just one type of tenancy, a tenancy for years. The types of landlord/tenant relationships are as follows: More... |
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