A notary public is a state-licensed official who witnesses signatures, administers oaths, and authenticates documents such as deeds and mortgages in CRE transactions.

A real estate agent is a licensed professional who represents buyers, sellers, landlords, or tenants under the supervision of a broker.

A commercial real estate broker is a licensed professional who facilitates property purchases, sales, and leases for clients in exchange for a commission.

An assignee is the party who receives the rights and obligations of a lease or contract through an assignment, stepping into the original party’s position.

In CRE, principal has two meanings: the original loan amount excluding interest, and a party directly involved in a deal rather than an agent acting for them.

A Realtor is a licensed real estate professional and member of the National Association of Realtors, bound by a code of ethics beyond state licensing.