Article 7 at Real Estate Glossary

What is it? The part of the Business and Professions Code governing commissions, loan costs, and payment requirements in loan brokerage activities.

Real Estate Definition Added By: Carson

Send To Friends!

If you'd like to send the Article 7 definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Article 7. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Cash Now is The net spendable income from an investment, determined by deducting all operating and fixed expenses from the gross income. When expenses exceed income, a negative cash flow results.

Real Estate Term Price range is The range of how much a buyer is willing to pay for a home.

Real Estate Term Home Equity Loan is A loan (sometimes called a line of credit) under which a property owner uses his or her residence as collateral and can then draw funds up to a prearranged amount against the property.

Real Estate Term Escrow Agent/Officer is An individual qualified to perform all the steps necessary to prepare and carry out escrow instructions. Tasks include obtaining title insurance; securing payoff demands; prorating taxes, interest, rents, etc.; and distributing the funds held in escrow. (

Real Estate Term Notice Of Cessation is A notice that gives subcontractors 30 days and gives prime contractors 60 days to file liens from the date of cessation of work. (See cessation of work)