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Real estate
How Much Has The Real Estate Business Evolved Since the Mid 2000s?
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[QUOTE="Rachael, post: 225381, member: 68963"] Although I am not in this line of business but I know to some quota that the real estate business has evolved significantly since the mid 2000s. Prior to this time, the real estate business did not have a name, it was just called buying and selling of lands or properties, it was not done in a proper or professional way. The era of civilization has emerged and everything has been changed in the real estate business positively. There is so much positive impact such as; most real estate business are now registered and licensed professionally under the government act and it makes it hard or reduces the level of fraudulent activities in this line of business. The real estate business has different branches and not just limited to buying and selling of properties. It could be remodeled for other lucrative ventures, it could be leased, it could be given on rental purposes and could be used for agricultural activities. The real estate business even has an overall system that which has all the boundaries of lands, houses and location just in a system which is called the Geographic Information Service (GIS), this can be seen as a positive development and there is now introduction of Right of Ownership (R-of-O) and Certificate of Occupancy (C-of-O) and renewal of documents after a period of 99years from the date of purchase. [/QUOTE]
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How Much Has The Real Estate Business Evolved Since the Mid 2000s?
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