Foreign-born individual not qualifying as a citizen of the country in which he or she resides.
Popular Real Estate Terms
Foreign-born individual not qualifying as a citizen of the country in which he or she resides. ...
Width of a stair. ...
Physical decline in a property's value caused from use, old age, and environmental factors. ...
A company that is terminated within 3 years. According to the tax law, a gain arising from the sale or liquidation of such a business is considered ordinary income to the individual ...
Approach to determining a capitalization rate for use in valuating property so as to arrive at a suitable purchase price. To the risk free interest rate is added a risk premium to cover the ...
The right of local government to take property when no person are legally entitled to inherit or make claim to a deceased' property. ...
Plywood whose surface is given parallel scratches or grooves in the manufacturing process. It provides, increased bond to adhesives, mortar, plaster, or stucco as well as giving a grain ...
The abstraction method is a valuation procedure used to determine the land value relative to the total market value of the property. The abstraction approach is most often used when there ...
Reconsideration of the value of real property. An example is getting property appraised each year to determine its current value for tax or purposes of determining whether to sell ...
Comments for Alien
Can a country club require you to pay dues if you are a member and live in the neighborhood
Nov 22, 2018 12:51:32Hey again, Jane
Well, if you are a member and the country club statute says so, yes. The fact that you live in the neighborhood doesn't mean much because, in this relation, your house and residences are Aliens to the Country club.
Now, what they cannot do is charge non-members (aliens) just because they share the same neighborhood. Their statute is limited to their premises and members. It will hardly share a Homeowner's association with your house as well, since country clubs are not residences but land with a different kind of use and, therefore, rules connected to it. If you're having problems with a Country Club, we suggest reaching a lawyer to help you complaint with the city. Good luck!
Nov 29, 2018 17:10:21What does aliens mean in real estate
Nov 06, 2018 19:27:36Thanks for reaching out Jane,
Alien comes from being "alienated", so whenever you hear "alien" within the real estate context is to mean that a person is almost a third-party. The person is being alienated from whatever it is. Separate from ownership, from the decision process etc.
Nov 20, 2018 17:36:19Hope it helped!
Have a question or comment?
We're here to help.