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    • Like-kind exchange

      • This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. The catch is that they must sell one property and buy a similar one within a set time frame.
  1. Jun 15, 2021 · The real estate industry uses several unique acronyms and abbreviations. Understanding these terms can be beneficial for buyers and sellers.

  2. Nov 13, 2023 · Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients.

  3. So when you embark on your journey, one of your first stops should be familiarizing yourself with the lingo. We’ve curated helpful information from our Homebuyers’ Road Map and Tips for Buyers, to share with you some of the most important terminology a new buyer.

  4. Sep 12, 2023 · Mastering real estate terminology and understanding the nuances of real estate terminology in Canada are critical steps for anyone buying, selling, or investing in property.

  5. Each real estate transaction requires the assistance of a legal professional to review the Offer to Purchase, search the title, draw up the mortgage documents and take care of the details on the day of closing.

  6. Jul 18, 2023 · From taking out loans to analyzing property performance, learning real estate terms and definitions can help you make the right decisions confidently. In today’s guide, we’ve compiled a range of real estate terms and definitions as a reference for landlords like you.

  7. We’ve compiled an ever-growing list of 52 real estate terms you should know to help you better understand the process and plan your move. The following are the real estate terms we’ll explain (in the table of contents, we’ve grouped the terms by category, and we’ll explain them in alphabetical order below):

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