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  1. 2 days ago · Understanding property inheritance laws is essential for anyone involved in real estate. This knowledge can protect personal interests, ensure smooth property transfers across generations, and prevent legal issues and family disputes. This introduction will cover the basics of real estate law before detailing the specifics of property ownership ...

  2. 1 day ago · June 28, 2024. Probate can significantly impact the transfer and management of real estate within an estate in Ontario. Understanding how probate affects real estate transactions and ownership is crucial for executors, beneficiaries, and potential buyers. Here, we explore the key considerations and legal requirements related to real estate ...

  3. 4 days ago · The residential conveyancing process comprises several stages, culminating in the successful transfer of a property’s legal title. Key milestones include: 1. Offer and Acceptance: The buyer submits an offer to purchase the property, which the seller can accept, reject, or counter. Upon agreement, both parties are bound by the contract’s ...

  4. 5 days ago · On June 30, the provincial government will mandate that all large municipalities in B.C. allow more residential units to be built on lots now zoned for single-family homes or duplexes. Bill 44 ...

  5. 3 days ago · Real estate agents are required to keep files for a certain period of time, which varies depending on the state and type of document. Generally, agents should keep transaction files for at least five to seven years, while other documents such as contracts and disclosures may need to be kept indefinitely.

  6. 2 days ago · Real estate thrives on strong business-client relationships. The quality of these interactions can directly influence client satisfaction, the success of transactions, and future business opportunities through referrals. In this article, we’ll share practical strategies that agents and brokers can use to foster trust, communicate openly, and create win-win situations for everyone involved ...

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  8. 2 days ago · Real estate commission splits are a predefined way to divide the earnings from a transaction. Generally, agents and their brokers share the total commission the seller pays. The standard commission rate could vary, but it is often around five to six percent of the property’s sale.

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