Topic: Estate at Will
Answers to Common Questions
What is An Estate?
An estate is all property owned by one person. When a person passes away, they can leave their entire estate to someone to sell. An estate can include a home, cars, clothing, furniture and personal items. Read More »
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What is the Third Estate?
During the time of the French Revolution, France was divided into Three Estates. The first was the clergy, the second was the monarchy, and the Third Estate was everyone else, from business owners to peasants. The people of the Third Estate... Read More »
Source: http://answers.ask.com/Society/Other/what_is_the_third_estate
What is a Life Estate?
When someone has bought a piece of land, when they pass away they no longer own it. Life estates can not be left to anyone else after. Look here for more information: http://ezinearticles.com/?Estate-Plannin... Read More »
Source: http://answers.ask.com/Business/Other/what_is_a_life_estate
Answers to Other Common Questions
Real Estate is simply a piece of land that is sold by an individual who owns the property or it is sold by a relator. Real estate includes residential properties and businesses. Read More »
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A real estate broker is a professional who helps sellers sell a property. A real estate broker usually has salespersons (real estate agents) to help with the process. Read More »
Source: http://answers.ask.com/Business/Other/what_is_a_real_estate_broke...
Turnkey in real estate means that the property you are purchasing is move -in- ready and you don't have to do anything but bring your clothing and move in! Read More »
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Every state has different requirements to become a real estate agent. You should check with the real estate board in your state to find out what is necessary. You'll need to take classes and then pass a test to get your license. Read More »
Source: http://answers.ask.com/Business/Other/how_to_become_a_real_estate
Estate planning is the process of organizing and managing the assets of an individual or family. The ultimate goal of estate planning is to transfer the wealth of the family from one generation to the next with the lowest tax consequenses. Read More »
Source: http://answers.ask.com/Business/Other/what_is_estate_planning
A small estate affidavit is a notarized document that states an estate is below the dollar value amount limitations stipulated by the state of residence. Read More »
Source: http://answers.ask.com/Business/Finance/what_is_a_small_estate_af...
When you cant pay your mortgage and its ready for foreclosure the bank will step in and take over. A Real Estate Owned property it becomes and usually goes up for auction. Read More »
Source: http://answers.ask.com/Business/Other/what_is_reo_in_real_estate
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