article thumbnail

Real Estate vs Real Property: What’s the Difference?

BiggerPockets

The concepts of real estate vs real property represent different aspects of property ownership. Real estate is defined as a physical property and any attachments or improvements made to it. Real property comes with a bundle of common law rights that extend beyond the physical existence of the property.

article thumbnail

New York Gov. Hochul signs bill giving flood risk ‘right to know’ to homebuyers

Housing Wire

Kathy Hochul (D) last week signed a bill into law that establishes a flood risk “right to know” for homebuyers. This legislation eliminates the ‘credit provision’ and requires the disclosure of information concerning flood risk, flood history, and flood insurance on real property transactions.” New York Gov.

Law 410
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should Property Data Collectors Be Licensed?

Appraiserblogs

A property data collector would be defined as an individual or company, who is not a licensed appraiser and “who collects, either physically, virtually, or digitally, any information on real property, and produces such information to a. appeared on Appraisers Blogs.

Law 119
article thumbnail

Loosening The Knot

Appraisal Buzz

While it’s true that we must consider the empirical evidence, like chemists in a lab, we are not able to rely on natural laws, neatly organizing the component parts on the periodic table. Striving to look through the microscope of empirical thought, we must not forget that our subject is more than real property, it is real people.

Sellers 379
article thumbnail

Tell-Tale Signs You Should Hire a Specialist in Real Property Management – Columbus, Ohio

The Robert Weiler Company

Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform real property management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!

article thumbnail

Remote online notarization is the proper path forward for digital closings

Housing Wire

To appreciate this improvement to the closing process, you need to understand the various laws that allow for digital closings at different stages of the transaction. The Electronic Signatures in Global and National Commerce Act (E-SIGN) is a federal law that applies many of the same provisions as UETA to interstate and national commerce.

Law 441
article thumbnail

Consider These Factors Before Buying Land In 2023

Cleveland Appraisal Blog

Photo by Antonio Quagliata on Pexels.com Additionally, consider the zoning laws and land-use regulations in the area and what category it might fall into based on its specific location. As a real property appraiser, I think these tips can really help if you’re looking to purchase land. What is it for?