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  2. What new Realtor ruling means for Columbus home buyers, sellers

    www.aol.com/realtor-ruling-means-columbus-home...

    In central Ohio, the commission is often 3% of the sales price to each. A seller, for example, would pay a total of $18,000 ($9,000 to agents on each side) on the sale of a $300,000 home. If a ...

  3. Warranty deed - Wikipedia

    en.wikipedia.org/wiki/Warranty_deed

    A warranty deed is a type of deed where the grantor (seller) guarantees that they hold clear title to a piece of real estate and has a right to sell it to the grantee (buyer), in contrast to a quitclaim deed, where the seller does not guarantee that they hold title to a piece of real estate. A general warranty deed protects the grantee against ...

  4. Land patent - Wikipedia

    en.wikipedia.org/wiki/Land_patent

    Other terms for the certificate that grants such rights include "first-title deed" and '"final certificate." [citation needed] A land patent is known in law as "letters patent" and usually issues to the original grantee and to their heirs and assigns forever. The patent stands as supreme title to the land because it attests that all evidence of ...

  5. Allodial title - Wikipedia

    en.wikipedia.org/wiki/Allodial_title

    Feudalism. v. t. e. Allodial title constitutes ownership of real property (land, buildings, and fixtures) that is independent of any superior landlord. Allodial title is related to the concept of land held in allodium, or land ownership by occupancy and defence of the land. Most property ownership in common law jurisdictions is fee simple.

  6. Torrens title - Wikipedia

    en.wikipedia.org/wiki/Torrens_title

    Property law. Torrens title is a land registration and land transfer system, in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.

  7. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental ...

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