Structures used for shelter and habitation are one of man’s basic and important needs. Thus, such inherent need for shelters became one of the most lucrative and profitable businesses today. In fact, according to one article, real estate agents—people who sells real property—earns a yearly income of $102,310 in New York alone. However, the amount doesn’t say the same to how much real estate agents earns annually from other states like Ohio, where real estate agents only earn $41,650 yearly. The disparity is caused by a variety of factors with varying cost of housing from state to state being one of the top reason. Yet, despite the variation of income among real estate agents and varied cost of real property, the industry will still continue to flourish as more and more people will still buy more homes, in the future.

What is Real Estate?

Real estate is a piece of real property that includes land and the structures on it like houses or buildings, natural formations such as ponds and mounds, and fixtures such as roads. These properties are protected by the law and any transactions involving such should be publicly documented through different kinds of documents and forms. Real estate may also apply to residential buildings, commercial spaces, and industrial complexes. The term is also synonymous with the word real property and is used interchangeably.

Types of Real Estate Property

The types of real estate property varies according to use and purpose. Some of them might be used as family dwellings, while some will be used in the pursuit of profit. Real estate properties also come in different shapes and sizes, and, can be owned by natural person or a business entity. But, regardless of they’re used and despite the difference between them, real estate of every kind are still available for purchase and lease in the market’s listings. Listed below are the types of real estate properties.

  • Residential Property

    Residential properties are properties that are designed and intended to be used as a space for living or dwelling. It could either be a single-family dwelling such as normal suburban house and an apartment complex shared by more than one tenants. Residential properties are the most common types of properties sold by realtors and brokers in the real estate market.

  • Commercial Property

    Commercial property are parcels of land or buildings designed for commercial purposes. These type of properties are commonly used as shops, food establishments, and even as small factories. Commercial properties are usually rented or lease by interested individuals and are rarely sold or bought.

  • Industrial Property

    Industrial properties are types of real property that are intended for industrial applications. Industrial property includes factories, warehouses, piers, and plants. These properties are intended to boost a territory’s economy and also process raw materials to be used in other fields and industries.

A Real Estate Brokers Biggest Challenge: The Manhattan Mansion

A mansion seated in 854 Fifth Ave, Manhattan, which was modeled after the Versailles Palace—six stories high, sitting in a 20,000-square-foot property—was listed in the real estate market in April of 2017 for 50 million dollars. The property was nearly purchased by a co-founder of an investment company when the deal eventually collapsed due its co-owners failing to agree on the selling price. The said property, until this day, is still in the real estate market’s listing.

The property used to be a owned by the now defunct Republic of Yugoslavia when its government purchased in 1946, intending to use it as an embassy in New York. In 1963, Yugoslavian leader Josip Broz Tito as a hideout after an assassination attempt failed to get him. But what made the property into what it is now today was because of Yugoslavia’s dissolution into different countries in the 90’s.

Today, the Manhattan Mansion is owned by five countries from Eastern Europe, namely, Bosnia, Croatia, Macedonia, Serbia and Slovenia. The split makes the selling of the property difficult due to political disagreements and post-war hostility among five countries. It took nearly a decade for the governments to negotiate and decide on the fate of the Mansion.

As the countries begin to have some of the former republic’s overseas possessions and property sold, the mansion still remains unsold as the finding someone willing to purchase the property for 50 million dollars also remains a big challenge.

FREE 53+ Real Estate Forms in PDF | MS Word | Excel

Real estate forms are used in a variety of functions from applying for mortgage, paying off liens, and applying for a new house. And, each functions also has its own forms to be used to accomplish each of them. Listed in this article are a variety of real estate forms that you can download for free and use immediately for your use and purpose.

1. Residential Real Estate Form

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  • PDF

Size: 235.6 KB

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2. Real Estate Agent Contract Form

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  • PDF

Size: 97.7 KB

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3. Real Estate Transfer Statement Form

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  • PDF

Size: 155.5 KB

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4. Real Estate Application Form

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  • PDF

Size: 141.9 KB

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5. Real Estate Certificate Form

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  • PDF

Size: 333.6 KB

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6. Real Estate Affidavit Form

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  • PDF

Size: 235.1 KB

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7. Real Estate Agreement Form

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  • PDF

Size: 14.1 KB

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8. Real Estate Sales Disclosure Form

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  • PDF

Size: 122.6 KB

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9. Real Estate Property Form

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  • PDF

Size: 143.1 KB

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10. Real Estate Complaint Form

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  • PDF

Size: 149.8 KB

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11. Real Estate Validation Form

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  • PDF

Size: 32.9 KB

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12. Real Estate Rental Statement Form

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  • PDF

Size: 273.8 KB

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13. Real Estate Data Change Form

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  • PDF

Size: 348.6 KB

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14. Real Estate Contract Form

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  • PDF

Size: 191.8 KB

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15. Real Estate Evaluation Form

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  • PDF

Size: 30.6 KB

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16. Standard Apartment Lease Form

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  • PDF

Size: 325.4 KB

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  • PDF

Size: 32.7 KB

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18. Real Estate Tax Form

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  • PDF

Size: 35.7 KB

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19. Simple Real Estate Form

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  • PDF

Size: 908.1 KB

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20. Standard Real Estate Form

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  • PDF

Size: 167.4 KB

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21. Real Estate Purchase Form

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  • PDF

Size: 99.6 KB

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22. Seller Real Estate Disclosure Form

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  • PDF

Size: 543.9 KB

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23. Real Estate Condition Form

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  • PDF

Size: 69.7 KB

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24. Real Estate Property Release Form

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  • PDF

Size: 29.0 KB

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25. Real Estate Exemption Form

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  • PDF

Size: 37.4 KB

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26. Real Estate Sales Validation Form

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  • PDF

Size: 32.9 KB

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27. Seller Disclosure Statement Form

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  • PDF

Size: 76.6 KB

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28. Real Estate Schedule Form

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  • PDF

Size: 134.1 KB

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29. Real Estate Agreement Form

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  • PDF

Size: 452.7 KB

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30. Real Estate Transfer Declaration Form

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  • PDF

Size: 130.2 KB

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31. Real Estate Form Sample

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  • PDF

Size: 26.0 KB

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32. Real Estate Agency Leasing Form

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  • PDF

Size: 26.0 KB

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33. Real Property Receipt Form

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  • PDF

Size: 39.1 KB

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34. Exclusive Property Agreement Form

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  • PDF

Size: 5.3 MB

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35. Commercial Property Contract Form

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  • PDF

Size: 51.0 KB

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36. General Real Estate Property Form

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  • PDF

Size: 481.1 KB

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37. Real Estate Property Complaint Form

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  • PDF

Size: 299.5 KB

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38. Real Estate Condition Report Form

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  • PDF

Size: 21.7 KB

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39. Real Estate Claim Form

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  • PDF

Size: 316.1 KB

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40. Real Estate Seller Form

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  • PDF

Size: 42.9 KB

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41. Real Estate Collection Placement Form

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  • PDF

Size: 3.2 KB

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42. Real Estate Closing Statement Form

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  • MS Word

Size: 18.3 KB

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43. Purchase Real Property Form

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  • MS Word

Size: 46.0 KB

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44. Real Estate Lease Form

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  • MS Word

Size: 54.3 KB

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45. Real Estate Registration Form

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  • MS Word

Size: 6.3 KB

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46. Real Estate Agent Agreement Form

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  • MS Word

Size: 13.4 KB

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47. Real Estate Mortgage Form

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  • MS Word

Size: 18.9 KB

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48. Real Estate Housing Form

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  • MS Word

Size: 13.6 KB

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49. Real Estate Client Intake Form

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  • MS Word

Size: 11.0 KB

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50. Property Return Form

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  • MS Word

Size: 16.9 KB

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51. Real Estate Request Form

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  • MS Word

Size: 83.0 KB

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52. Property Transfer Payment Form

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  • MS Word

Size: 35.4 KB

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53. Property Profile Form

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  • XLS

Size: 114.3 KB

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54. Property Update Form

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  • XLS

Size: 7.1 KB

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How to Submit a Real Estate Forms

Real estate, believe it or not, is as important as food and water themselves. It is the all encompasing term that we can quickly translate to something as simple as shelters and homes. So if you’re planning to get yourself a cozy home or conducive infrastructure to house your brand, here are the steps on how to fill-out and submit real estate forms.

Step 1. Select and Download a Real Estate Form

First, Choose and download the specific real estate form from a list found in this article. Real estate form come in different varieties, each for a particular purpose and function. So, make sure to choose the right form for your needs and purpose. Then, click the download button right beside the form’s thumbnail.

Step 2. Fill-out the Form

Next, after selecting and download the right real estate form for your needs and purpose, you can now proceed with filling it out. To begin, fill the spaces with the information that is asked for. Most real estate documents will usually ask for information such as personal information and employment history. And, make sure to write that information as correctly as possible.

Step 3. Print and Sign the Form

Then, Print the real estate form after completely filling it with the information that it asks. You can use your home or office printer for this purpose. After printing the real estate form, affix your signature on the signature block found on the bottom part. Signing the form signifies that the person submitting it provided the correct and accurate information written in the form.

Step 4. Prepare Supporting Documents

After answering and printing the form, the next thing to do is to prepare the supporting documents required in submitting the form itself. The common documents required for submitting your real estate form are billing statements and most government-issued identification documents. Put the document along with the form in a single envelope and aptly label it. Doing so allows you to immediately identify it as yours.

Step 5. Submit the Form and Supporting Documents

Lastly, submit the form along with the supporting documents to your real estate agent or broker. Submitting the forms and supporting documents allows your real estate agent or broker to process it as quickly as possible—whether submitting an application or fulfillment of the lien. But before that, you must first check the form and documents to make sure you’re bringing the correct ones.

Terminologies

Mortgage – Is a loan agreement where the creditor lends money to the borrower in exchange for its property as collateral.

Lien – It is the right of the creditor to keep possession of the borrower’s property until the debt is paid.

Property – Are structures or land owned or belonging to someone.

Residential Property – Are properties intended and designed for people to live in.

Commercial Property – Are properties intended and designed for commercial purposes like shops and office spaces.

FAQs

1. What is real property?

Real property is an immovable property integrated or fixed to the land such as houses, buildings, and other structures. These properties also include the fruits and produce of the land as well as other fixtures such as pathways and water formations. Real properties are the types of properties that your real estate agent or broker sells.

2. Are property rentals part of real estate?

Yes, they are. Aside from selling residences and commercial spaces, real estate firms are also engaged in providing spaces for rent to those who can’t afford to buy their own spaces yet. Another thing related to rentals that real estate firms offer is leasing. Leasing is another way of temporarily using or occupying a space without actually owning it. However, unlike renting, leases usually are for long-term usage and occupancy.

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