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Rainmaker
2,223,454
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good luck with your studies. 

Feb 11, 2019 07:21 PM
Ambassador
5,294,660
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

While we should all have an understanding of the types of ownership, we should always refer customers/clients to a real estate attorney for any recommendation regarding ownership and what is right for their needs.

Feb 11, 2019 05:26 PM
Rainmaker
1,732,427
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Attorneys have the last word

Feb 11, 2019 12:45 PM
Rainmaker
4,938,965
Richard Weeks
Dallas, TX
REALTOR®, Broker

1 real estate attorneys

2 title companies

3 real estate students who just completed principles 1 and principles 2

 

 

Feb 11, 2019 12:35 PM
Rainmaker
4,600,807
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Be careful/wary of self-proclaimed experts.  They are "out there" and they are abundant.

Feb 11, 2019 12:31 PM
Rainmaker
5,773,781
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Title companies and Attorneys

Feb 11, 2019 12:14 PM
Ambassador
6,464,866
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I may be, but I still send the clients to an attny for these talks.

Feb 11, 2019 10:43 AM
Rainmaker
1,221,677
Peter Mohylsky, Destin BeachPro
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Are there really any true experts?  

Feb 11, 2019 03:21 PM
Ambassador
5,077,840
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Real estate attorneys and title companies

Feb 11, 2019 02:30 PM
Rainer
421,628
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Attorney would be first go to if you have money, second maybe escrow officer or lender - it's a legal question so agents generally don't like to tell the client what to do

Feb 11, 2019 01:33 PM
Rainer
216,904
Sharon Altier
Coldwell Banker Realty - Elmhurst, IL
Luxury Property Specialist, CSC, SFR

I refer clients to work with their attorneys on this

Feb 11, 2019 01:33 PM
Rainmaker
904,723
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

RE attorneys.

Feb 11, 2019 01:16 PM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

real estate attorneys have expertise in forms of ownership, and that's who my team members refer their clients for everything related to contracts and explanations...

we're an attorney state...no title companies in MA.... all of our clients have an attorney from day 1....

Feb 11, 2019 01:06 PM
Rainmaker
2,792,626
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Only professors/attorneys reach that height and focus because of repetition but one wonders...do they know how it hits the road? The dynamics? Use? Tax and legal consquences? Its a part of a complex gathering of parts

Feb 11, 2019 11:44 AM
Rainmaker
5,001,176
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Attorneys,.

Feb 11, 2019 11:39 AM
Rainmaker
918,158
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Title attorneys.

Feb 11, 2019 11:13 AM
Rainmaker
5,140,989
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

What is a "real estate form of ownership?" Sounds like something an attorney or finanacial planner would opine on.

Feb 11, 2019 11:13 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Forms of ownership? That has consequences.

That means you need an attorney.

Real estate agent are experts has helping buyer and owners make purchases using the contracts the attorneys create.

Feb 11, 2019 10:05 AM
Rainmaker
2,414,891
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I'm damn good BUT I'm not an attorney and I don't play one on AR either.

Feb 11, 2019 07:25 PM
Rainer
131,207
Steve Penner
Royal LePage Dynamic RE / Pro Ledger Bookkeeping Software - Winnipeg, MB
REALTOR® / Pro Ledger Online (owner)

That is a very vague question. What does "considered" mean.. in other words who in this question is doing the "considering"? .. by who exactly?... the general public, the eyes of the law... this question could be answered in numerous ways depending on context.

If you are asking who the general public considers to be an expert, I suppose it would take an opinion poll... if you are asking what the "law" considers to be an expert you need to see how it is defined in the statues of the law.

 

Feb 11, 2019 03:36 PM
Rainmaker
7,913,941
Roy Kelley
Retired - Gaithersburg, MD

Hopefully, your attorney is a local expert.

Feb 11, 2019 10:54 AM
Rainmaker
1,344,694
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

If clients have questions about the facets of different forms of ownership an attorney is their best resource.

Feb 11, 2019 10:17 AM
Rainmaker
536,943
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

I would say Attorneys that prepare them.

Feb 11, 2019 10:15 AM
Ambassador
3,357,289
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I wish you all the best with your real estate studies. 

Feb 12, 2019 08:02 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Real estate attorneys know this.

Feb 12, 2019 07:33 AM
Rainmaker
723,164
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Real estate agents understand these, but for the ownership which best suits the needs of a client, advise them to consult with their attorney.

Feb 11, 2019 09:13 PM
Rainmaker
1,713,076
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

In Oklahoma the title companies have attorneys for this.

Feb 11, 2019 11:23 AM
Rainmaker
5,283,641
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

The local real estate attorney 

Feb 11, 2019 11:15 AM
Ambassador
2,204,740
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Although you can gain an understanding of types of ownership, it is best to refer clients to a real estate attorney and their CPA to determine the proper form for a given set of circumstances. 

Feb 12, 2019 06:18 AM
Rainmaker
2,206,348
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Your Pre License Instructor has done you a disservice by having the class ask us these type of questions. We are here to talk about Post Licensing activities !!!

Feb 12, 2019 06:15 AM
Rainmaker
1,245,570
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

When I see these terms I look at the people credentials and liceses. 

Feb 12, 2019 05:31 AM
Rainmaker
3,416,088
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

When it comes to legal questions, ask a lawyer. The one thing in real estate, dont practice law without a law license. 

Feb 12, 2019 05:05 AM
Rainmaker
639,174
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

I would refer to a good Real Estate attorney. Agents should not advise on legal matters

Feb 12, 2019 03:20 AM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

Feb 12, 2019 03:00 AM
Rainmaker
5,895,142
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

A real estate attorney.

Feb 16, 2019 06:00 AM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Atty's

Feb 12, 2019 08:38 PM
Rainmaker
1,629,851
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Any title rep or attorney (CA).

Feb 12, 2019 11:50 AM
Rainmaker
1,511,483
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Good luck with your studies.

Feb 12, 2019 09:11 AM