Purchase Contract Provisions – a problem topic

Purchase Contract Provisions – a problem topic

Various examination Problem Topics, specifically Purchase Contract Provisions, have been identified by the North Carolina Real Estate Commission (NCREC) where previous applicant testable knowledge was relatively weak.  Food for thought; if a critical content topic has...

Freehold Estates–Critical Content to Know

Freehold Estates – Critical Content You MUST Know An estate is the present or future degree, nature and extent of INTEREST that a person has in real property.  An “estate” in real property bestows more rights than does a mere “interest” in real property. A person who...

Public Land Use Controls – PETE

Public Land Use Controls – Government Powers & Control To remember the government powers – use the acronym PETE. P for Police Power E for Eminent Domain T for Taxation E for Escheat POLICE POWER Police power is the authority of states, often delegated to local...