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  2. Real estate license - Wikipedia

    en.wikipedia.org/wiki/Real_estate_license

    Real estate license. A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many ...

  3. Phase I environmental site assessment - Wikipedia

    en.wikipedia.org/wiki/Phase_I_environmental_site...

    Any piece of real estate can be the subject of a Phase I ESA. In the United States, an environmental site assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. The analysis, often called an ESA, typically addresses both the underlying land as well as physical ...

  4. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...

  5. Real estate - Wikipedia

    en.wikipedia.org/wiki/Real_estate

    Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. [1][2] In terms of law ...

  6. Farm land (real estate niche) - Wikipedia

    en.wikipedia.org/wiki/Farm_land_(real_estate_niche)

    Farm land is a real estate niche that deals with the purchase and sale of Arable land. This niche requires the real estate agent to have very particular knowledge about the land and farming industry. A Real Estate agent or broker that specialises in farms must be knowledgeable in the following: City, County and State regulations of farms.

  7. Robert Allerton Park - Wikipedia

    en.wikipedia.org/wiki/Robert_Allerton_Park

    In 1897 he returned to Illinois and settled on one of the family's farms near Monticello. Two years later he began work on the imposing brick mansion. Throughout the next forty–seven years Robert Allerton transformed the country house, The Farms, into a central Illinois showplace estate, with activity climaxing in the 1920s and early 1930s ...

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