Spam prevention
Rainmaker
2,213,073
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good luck with your studies. 

Feb 11, 2019 07:21 PM
Ambassador
4,839,784
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
1,695,386
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
4,591,551
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
4,426,547
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 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
5,771,198
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
6,035,826
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
1,073,472
Peter Mohylsky 850-517-7098
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Are there really any true experts?  

Feb 11, 2019 03:21 PM
Ambassador
4,880,065
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
373,801
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
216,854
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
873,937
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
5,582,163
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
2,728,716
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
4,617,464
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Attorneys,.

Feb 11, 2019 11:39 AM
Rainmaker
886,868
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Title attorneys.

Feb 11, 2019 11:13 AM
Rainmaker
4,807,953
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
921,248
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
2,220,190
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
119,055
Steve Penner
Royal LePage / Pro Ledger Online 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
7,394,709
Roy Kelley
Retired - Gaithersburg, MD

Hopefully, your attorney is a local expert.

Feb 11, 2019 10:54 AM
Rainmaker
1,156,146
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
536,893
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
3,233,927
Kathleen Daniels, Probate & Trust Estate Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

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

Feb 12, 2019 08:02 AM
Rainmaker
4,799,925
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
645,841
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
1,710,215
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
4,860,332
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

The local real estate attorney 

Feb 11, 2019 11:15 AM
Ambassador
2,013,330
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

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
2,107,184
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
1,211,193
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
3,411,353
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
581,350
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
4,433,865
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
5,629,351
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
3,986,061
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
1,589,570
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
1,464,142
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