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3 years ago

Who are the primary regulatory entities of the real estate business?

Business

1 answer:

omeli [17]3 years ago

5 0

Answer:

State regulation State governments are the primary regulatory entities of the real estate business. State governments establish real estate license laws and qualifications

Explanation:

A simple definition of real estate is that it is air, water, land, and everything

affixed to the land. Real estate in the United States may be owned privately by

individuals and private entities or publicly by government entities. Private

ownership rights in this country are not absolute. The government can impose

taxes and restrictions on private ownership rights, and it can take private

property away altogether. In addition, other private parties can exert their rights

and interests on one's real property. A bank, for example, can take a property if

the owner fails to pay a mortgage. A neighbor can claim the right to walk across

one's property whether the owner likes it or not, provided he or she has done so

for a certain number of years.

In attempting to define real estate, it is essential to understand what rights and

interests parties have in a parcel of real estate. And to understand real estate

rights and interests, one must first recognize the distinctions between:

 land and real estate

 real estate and property

 real property and persnal pro[perty

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The Argentine government has recently been imposing heavy trade restrictions. Taxes on exports are a major source of revenue for

kati45 [8]

Answer:

The correct option is "B"

Explanation:

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3 years ago

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Grizzly Company had Retained Earnings at December 31, 2018 of $210,000. During 2019, the company had revenues of $410,000 and ba

NISA [10]

Answer:

Retained earnings on the December 31, 2019: $253,000

Explanation:

Ending balance in retained earnings is calculated by using following formula:

Ending balance in retained earnings = Beginning balance in retained earnings + Net income - Cash dividends - Stock dividends

Grizzly Company had Retained Earnings at December 31, 2018 of $210,000. Beginning balance in retained earnings at January 01, 2019 is $210,000

Net income = Revenues - Expenses = $410,000 - $355,000 = $55,000

Ending balance in retained earnings = $210,000 + $55,000 - $12,000 = $253,000

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4 years ago

An expense account normally has a ___________ balance.<br><br> A. Debit<br> B. Credit

swat32

Answer:

An expense account normally has a debit balance.

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3 years ago

Jack and Jill have a tenancy in common in an apartment building. After ten years of ownership, Jill dies unexpectedly. On Jill's

Basile [38]

<h2>Jill's interest in the property will: <u>Pass to Jill's heirs </u>(Option B)</h2>

Explanation:

Let us understand the meaning of tenancy: It is the "possession of any property which might be land or building and get connected as tenant".

In contrast, ownership means the property belongs that person alone or in partnership.

Understanding the above terms, We can say, Jack and Jill have been a tenant and after ten years, Jill dies. So the rest of the interest in the property will definitely go to his heirs only.

It cannot be passed to Jack because Jill's interest will not be paid by other person except for Jill's heirs. Jack heirs are no way responsible or own the property of Jack.

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3 years ago

Donatello files a suit against erasmus. before going to trial, the parties meet, with their attorneys to represent them, to try

Anuta_ua [19.1K]

The answer to the question is a form of out of court dispute resolution called negotiation.

In legal context, negotiation occurs when one party contact the other party to try and work out a resolution or settlement that both parties can agree with. This option is the correct one because it does not involve a third party, which in other types of dispute resolution such as mediation and arbitration, must be present.

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3 years ago