Acknowledgment

Adding a period of time onto another. An examples a mortgagor who successfully restructures his loan by tacking another five years onto the term. ...

Same as term contract of sale: Written agreement between a seller and a buyer in which the latter agrees to buy real estate property upon mutually suitable terms. ...

What remains after something is removed, such as substances left after a pollution treatment facility is removed. ...

One who sells real estate or other products. ...

An insurance policy that promises to pay all the legal obligations of the insured due to negligence in which damage to the property has been caused. ...

Houses attached by either side of the same wall. ...

Secondary written agreement to purchase real property in the event the initial contract is not signed. ...

Decline in value of property from use. The property's condition is aging. An example is plumbing deteriorating over time. ...

The definition of “auction” is derived from the Latin word “auctus” which means “increasing”. A home auction is a sale where bidders place one bid after ...

Wondering how do real estate agents get paid? We’ve got to be honest here: some time ago that would be classified as a dumb question because it was kind of obvious. However, faster ...

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this ratio to qualify you for a loan. ...

If you’re looking into how to get a job in real estate and arrived at this page: congratulations; you’ve just made a big step toward your first real estate job! Not only ...

Wondering what is the best noise pollution definition? You can understand both words but they seem weird together, right? Is the noise pollution definition something like noises that are ...

You’re researching your options regarding a homeowner’s insurance policy and you’re wondering which to get; there are so many! Then, your real estate agent, a great ...

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations for the upkeep of the property. ...

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...