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There is no law in California that requires you to sell your home with the help of a Realtor or real estate agent. People use agents because selling a home can be overwhelming and intimidating, and there are a lot of confusing legal requirements that must be followed to the letter.
Real Estate Abbreviations AbbreviationDescriptionCACommission AgreementCBCCooperating Broker Compensation Agreement and Escrow InstructionCDACommission Disbursement AuthorizationCLUEComprehensive Loss Underwriting Exchange60 more rows
Examples include single-family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences.
Accumulated cost recovery. Total cost recovery deductions taken throughout the holding period of a property. Active income.
The PRDS purchase contract states that if the property is materially damaged prior to close, then the buyer has the right to cancel the contract. The CAR agreement does not include any such language, instead apparently relying on Civil Code 1662.
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Related Definitions CA-Property means any and all property, whether real, personal, tangible, intangible or mixed, both owned and leased pursuant to Capitalized Leases, of any Person.
C.A.R. Form means the specific form referenced or other agreed upon comparable form.
A. DISCLOSURE: The Parties each acknowledge receipt of a Disclosure Regarding Real Estate Agency Relationships (C.A.R. Form AD) if represented by a real estate licensee. Buyers Agent is not legally required to give to Sellers Agent the AD form Signed by Buyer.
Real estate is a form of real property, meaning that it is something you own that is attached to a piece of land. It can be used for residential, commercial or industrial purposes, and typically includes any resources on the land such as water or minerals.
RE stands for Real Estate.

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