What Is A Claim Of Real Estate And For Money Owed?
What does the Claim Of Real Estate And Money Owed Mean when You go to small claims Court?
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Real estates takes commission on property sale, both from the owner and buyer on an agreed percentage over property value, let say 1 or 2 percent from both the parties (owner and buyer). In case of rental agreement, a tenancy agreement is formed, in which there is some advance security money(usually six month rent) taken from the tenant and delivered to owner, but a month rent both from the tenant and power at the time of agreement. The law for percentage of commission can vary from country to country court but the concept remains the same. The claim of money owed is the total number of property sales and property rented.
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