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Real Estate Terms Glossary
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Random Real Estate License Terms
Exclusive Right To Sell Agency
 
A contract hiring the broker as the only person authorized to sell property. If anyone including the seller finds a buyer the broker earns the commissions.
   
Exception
 
A right or interest retained by a grantor when conveying property; also called an exception.
   
Zone
 
The area set off by the proper authorities for specific use; an area subject to certain restrictions or restraints.
   

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