| the deed; the principals and seller sign these documents, respectively. The respective real canada currency exchange rate agents put themselves down on the contract as the agents for each principal so that they may be able to collect their commission(s). The use of a real estate broker is not a requirement for the sale or conveyance of real estate or for getting a mortgage loan from a lender; although once a broker is used, the lender or its canada currency exchange rate will require that they be paid. Lenders typically have other requirements, though, for a loan: see Closing cost. In spite of the name, real estate has no connection with the concept of reality (in other words, the law does not consider real property canada currency exchange rate "real" than personal property). It derives instead from the feudal principle that in a monarchy, all land was considered the property of the king. Thus originally the term real estate was equivalent to "royal estate", real originating from the French royale, as it was the French-speaking Normans who introduced feudalism canada currency exchange rate England and thus to the English language; cognate to Spanish real. With the development of private property ownership, real estate has become a major area of business. canada currency exchange rate real estate requires a significant investment, and each parcel of land has unique characteristics, so the real estate industry has evolved into several distinct fields. Specialists are often called on to valuate real estate and facilitate transactions. Some kinds canada currency exchange rate real estate businesses include: Appraisal - Professional valuation services Brokerages - Assisting buyers and sellers in transactions Development - Improving land for use by adding or replacing buildings Property management - Managing a property for its owner(s) Relocation services - Relocating people or business to different country In owner-occupancy, the landlord - canada currency exchange rate relationship is short-circuited. Consider two people, A and B, each of whom owns property. If A lives in B's property, and B lives in A's, two financial transactions take place - each pays rent to |
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