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A colorless and odorless gas produced from the decay of radioactive minerals in the ground. It is responsible for thousands of lung cancer deaths each year. In most states, brokers have to disclose any radon problems.

is the land and the improvements - all that is permanently attached to it - either naturally (such as a tree) or by people (such as a building).

Although the land is commonly thought of as being the surface of the earth, it also includes the space above as well as everything below the surface. Theoretically, land extends from the center of the earth, through the surface of the earth and upward to infinity above the earth’s surface. As a practical matter though, the law imposes limitations and recognizes that land consists of the surface of the earth and everything below the surface to a reasonable depth; and everything above the surface to a reasonable height.

is a form of ownership where individuals or members form a business entity to acquire the ownership of the land and building. Although the physical appearance of the real estate is the same, the ownership interests are distinguished from other forms of ownership by the following:

• Members of the coop own stock in the corporation – they do not own the real estate directly.
• Taxes are assessed on the entire piece of real estate not on the individual units.
• Mortgage or financing of the property is on the entire property not on the individual units.
• Shareholders may experience difficulty obtaining a 'share' loan to finance equity using their stock and proprietary lease as security.
• Members are obligated under Fair housing laws but can maintain control of new members by 'first right of refusal' on the sale of shares.

A state fund, supported either by part of the real estate licensing fees or by a special fee, used to promote real estate education and provide a source of financial relief for people injured by the fraudulent practices of a judgement-proof licensee.

a federal law, originally enacted in 1974, designed to fully advise buyers and sellers involved a real estate purchase of the full settlement costs. These disclosures prevented any participants in the transaction from charging kickbacks, fee-splitting, or referral fees that would elevate the costs for home buyers without their prior knowledge.