BUS 23 Lecture Notes - Lecture 1: Small Claims Court, Concurrent Estate, Community Property
Document Summary
Key issues facing persons buying real estate is the title under which it is registered. 4 major ways to take/hold title to real estate: tenancy in common, joint tenancy, community property, tenancy in partnership. ** if there were no divorces, blended families, business partnerships that go sideways, dysfunctional families or other reasons that ownership changes after original purchase, the taking title would have little impact ** Cannot without violating the laws about practicing law, give advice to your clients on how to take title. Investment bankers - helps companies raise long term financing. Stockbroker - person who"s licensed to buy+sell securities on behalf of clients: work for brokerage firm and execute order customers place for stocks, bonds, mutual funds etc. Dealer market - telecommunication networks that link dealers throughout us. Largest dealer market (3) tier market: nasdaq global select market, 1650 companies, nasdaq capital market will replace nasdaq small cap market and list about 550 companies.