Lending Process and Regulations

Let’s Break These Down 1968 Consumer Credit Protection Act In 1968, Congress introduced the Consumer Credit Protection Act, which protected consumers’ financial information from abuse. Over the years, other laws […]

Trust/Escrow Accounts

Trust Accounts. Trust accounts are normally regulated by the jurisdiction’s regulatory authority and subject to audit. If a broker accepts funds or items of others, the broker must maintain a […]

Tax Aspects and Transferring Title

Responsibilities of the transaction/escrow agent In Mississippi, it is the closing attorney. The escrow agent is responsible for overseeing and coordinating the closing activities, acting as a neutral third party […]

Agency and Listing Agreements

Listing Agreements Listing agreements are service contracts. The Listing Agreement (Employment Contract) In real estate, a listing agreement is a contract between a property owner and a real estate broker […]

Uniform Residential Appraisal Report

Real Estate Training Institute

Subject Property Rights – If property is subject to a lease, it must be determined whether the leasehold is the norm for the market. If not, effect on marketability must […]

Skip to content