A real estate investment trust (“REIT”) is a company that owns, operates or finances income-producing real estate. REITs provide an investment opportunity, like a mutual fund, that makes it possible for everyday Americans—not just Wall Street, banks, and hedge funds—to benefit from valuabl...
A life estate is a form of joint homeownership shared between a life tenant and a "remainderman." The remainderman has an ownership interest but can't take possession until the life tenant's death. The life tenant can live in the home but can't sell it or mortgage it without the agree...
First, the lead investor on a real estate syndication deal is known as the sponsor, or alternatively the general partner (GP), operator, or syndicator.While lawyers quibble that there are technical differences between those labels, we’ll use them interchangeably. Sponsors are professional real est...
A real estate purchase agreement is a legally binding contract that governs the property transfer from seller to buyer. It outlines the terms of the purchase, including the price, down payment, and proposed closing date, so that all parties are clear on these important points. The purchase agre...
A real estate agent is a licensed professional representing a buyer and/or seller in a real estate transaction. The seller pays the real estate agent a commission based on the property's final sale price. REtipster does not provide legal advice. ...
A liquid asset is cash on hand or an asset that can be easily converted to cash. In terms of liquidity, cash is supreme, since cash aslegal tenderis the ultimate goal. Assets that can be converted to cash quickly are similar to cash itself, and are thus also liquid. ...
What is a property deed? A property deed, or a house deed, is a legal record that indicates or transfers the ownership of a property, such as a home or land. The deed documents the ownership of the property, and identifies the property’s grantor (seller) and grantee (buyer). The gra...
A recording fee is a type of fee that is charged by a government agency to record the details of a real estate sale. While a...
4. Integration with systems of record Integrating your CLM solution with your other Systems of Recordis a crucial, time-saving step in the CLM process. Integration allows you to automatically pre-fill contracts with information from existing data sources (like contact info or product pricing). The...
focuses exclusively on single-family home rentals. With a low ($100) minimum investment, transparent fee structure, and program that allows tenants to be shareholders as well, Arrived is a great option for investors that want access to rental real estate, without the headache of being a ...