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Estate agent |
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Estate agentAn agent who acts in the arrangements of property sales and purchases in return for a commission based on the selling price.Similar MatchesReal Estate Settlement Procedures Act (RESPA)Real Estate Settlement Procedures Act (RESPA)A federal statute requiring disclosure of certain costs in the sale of residential, improved property which is to be financed by a federally insured lender. Real estate brokerReal estate brokerOne who arranges the sale and purchase of property in return for a commission. Known as an estate agent in the UK. Finite Life Real Estate Investment Trust (FREIT)Finite Life Real Estate Investment Trust (FREIT)A Real Estate Investment Trust whose priority is to sell its holdings within a specified period to realize capital gains. Real estate investment trustReal estate investment trustIn the US, a publicly traded investment trust which invests the capital of its shareholders in real estates.Some REITs, called 'Equity Reits', take equity positions in real estate, receiving income from rents and capital growth from selling buildings.Others specialise in lending money to property developers, their income coming from interest payments on those loans.Hybrid REITS do a mixture of equity investing and property lending.REITs enjoy special tax advantages provided 75% or more of their income comes from property and 95% or more of their net earnings is distributed to shareholders annually. Estate taxEstate taxIn the US, a tax imposed by the federal government or state on the net value of a deceased person's estate after deduction of an exclusion. The net proceeds, after estate tax has been paid, pass to the beneficiaries. If the sole beneficiary is a spouse, no tax is payable. Further SuggestionsDisposition of Real Estate Statementestate Real Estate Mortgage Investment Conduit (REMIC) estate duty residuary estate Real estate broker real estate Real Estate Investment Trust (REIT) intestate Real estate Broker, Real Estate Real estate appraisal testate Real Estate |
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