Good morning, its Word of the Week Wednesday! Lets take a look at special warranty deed. Special warranty deed is a deed in which the seller, also known as grantor, of a property only warrants against problems or encumbrances in the property title that occurred during the grantor’s ownership.
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Good morning, its Word of the Week Wednesday! Lets take a Look at Commercial Information Exchange, or CIE. A CIE is a listing service for commercial properties to be advertised to other commercial brokers and sometimes to the public while providing information on availabilities, recent sale or lease transactions, market statistics, and contacts.
CRE WORD OF THE WEEK
Good morning! Welcome back to Word of the Week Wednesday! Today let’s look at 1031 exchange. A 1031 exchange is a provision from the U.S. Internal Revenue Code. It allows a seller to defer paying capital gains taxes when a property is sold, and proceeds are reinvested in another property within a certain timeframe.
CPR Represents Seller in 21 Acre Brooksville Land Deal
Commercial Partners Realty, Inc. announced today that Pasco land specialist, Jim Engelmann, along with David Culligan and Hayden Peiker, represented the seller, 21 Acres LLC, in the sale of 21 acres of development land located at 19200 Cortez Rd. in Brooksville FL. “The Florida market continues to be strong,” Engelmann says, “not just in Pasco…
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CRE WORD OF THE WEEK
Good morning, welcome back to Word or the Week Wednesday! Let’s look at paid in arrears. Paid in arrears is a payment for services, such as utilities, after the services have been used, rather than paying for a service in advance. Fun fact: In Florida, real estate taxes are paid in arrears, while most insurances…