by Ethan Atkinson | Feb 7, 2026 | P-T, PropertyPedia
In real estate finance, a real estate investment trust, commonly known as a REIT, is a business trust that primarily owns, manages, or finances interests in real property. It is typically organized to meet specific requirements of the Internal Revenue Code. REITs...
by Ethan Atkinson | Feb 7, 2026 | P-T, PropertyPedia
In real estate practice, REALTOR® is a professional designation used by real estate brokers and agents who are members of a local board or association affiliated with the National Association of REALTORS®. The term is a registered trademark and may be used only by...
by Ethan Atkinson | Feb 7, 2026 | P-T, PropertyPedia
In real estate law, real estate refers to land and all things permanently affixed to it. This includes buildings, fences, trees, and other improvements, as well as items attached to structures, such as heating systems, plumbing fixtures, light fixtures, and similar...
by Ethan Atkinson | Feb 7, 2026 | P-T, PropertyPedia
In real estate, raw land refers to land in its natural, undeveloped state. It has not been subdivided into lots and lacks improvements such as streets, utilities, buildings, or other infrastructure. Raw land is often held for future development or investment and may...
by Ethan Atkinson | Feb 7, 2026 | P-T, PropertyPedia
In real estate and agency law, ratification is the approval or adoption of an act that was performed on behalf of a person without prior authorization. It occurs when a principal accepts or affirms the actions of an agent after the acts have already been completed....
