1,554,377
YOU DO NOT.
Let title, escrow, lawyer or CPA do so. How title is held i.e. the deed type is exceeding your license to explain.
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Ron and Alexandra Seigel
Carpinteria, CA
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Eve Alexander
Tampa, FL
-
Brenda Mayette
Glenville, NY
-
Jeff Dowler, CRS
Carlsbad, CA
-
Sharon Altier
Elmhurst, IL
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Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
1,202,422
I leave that to the Real Estate attorneys
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Ron and Alexandra Seigel
Carpinteria, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Eve Alexander
Tampa, FL
-
Doug Dawes
Topsfield, MA
2,402,128
The best way for a Real Estate agent to explain the type of deeds is to give them directions to an attorney and/or the Title company Jadden Cranney
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Ron and Alexandra Seigel
Carpinteria, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Topsfield, MA
613,494
DON'T DO IT!
You would be practicing law without a license.
The buyer may rely on the info that you give him which may not be the best for their situation.
Tell your instructor that...
Eve
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Ron and Alexandra Seigel
Carpinteria, CA
-
Kathleen Daniels, Prob...
San Jose, CA
3,140,773
Should be in your study material Jadden. Wish you well!
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Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
2,072,926
I don't think you'll find a lot of title officers haunting the Q&A section of Active Rain.
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Doug Dawes
Topsfield, MA
-
Bob "RealMan" Timm
Minot, ND
7,869,857
Understand their options and refer them to a trusted local settlement attorney or title company.
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Ron and Alexandra Seigel
Carpinteria, CA
3,350,439
Don't Do It.
We are not licensed or insured to explain this. Attorney, title, escrow officer, or CPA can do this.
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Ron and Alexandra Seigel
Carpinteria, CA
420,003
Refer to title officer, lender, attorney - there are about 50 ways to choose most common is Joint Tenancy
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Ron and Alexandra Seigel
Carpinteria, CA
853,612
5,772,593
The best way is not to do it. This is something a PROFESSIONAL CPA or title officer should answer...not in your license scope. A
648,200
easy, all YOU need to do is explain if they want an explanation of deeds is they need to speak to an attorney.
5,244,211
3,416,038
Typiclly you can talk aboout what the different types of deeds are, but NO way should you help them decide what is best for them. I let the closing attorneys discuss that
5,062,675
You recommend that they discuss this with a title officer, real estate attorney or CPA. It's NOT your job as a Realtor!
216,904
Refer them to their real estate attorney to determine what may be best for them.
3,168,134
well first you'd need to get a law degree and be a member of the bar, then you can proceed with the practice of law, until then if you get a real estate license just refer those kinds of questions to a title company or attorney.
2,785,276
Get familiar with need to know i.e. the concept of finding something out because you have to. Also known as a learning curve, risk, challenge and growth, it is the best teacher by far. Knowledge in general serves no purpose