Annual Cap

Lease payments based on factors other than the passage of time. ...

Floor design to provide sound insulation qualities. A floating floor is separated from the building's structure by use of special resilient materials, often fabricated from fiberglass, or ...

The act of recording of deeds and other property instruments in a public registry. Recordation gives public notice of ownership claims on property as well as any other legal or financial ...

An Appraisal is the evaluation of a real estate property made by a neutral third party expert known as an Appraiser. There are a number of reasons a home Appraisal is done: - ...

Annual crops raised by a land tenant and treated as the tenants property. The tenant has the right to the emblements, even after the lease has expired. The tenant has the right to harvest ...

Builder who builds homes or other buildings to the specification of his customer. Normally the homes and other structures are presold. The customer builder may also build a few on ...

An apartment complex providing tenants access to a lawn area. ...

Same as term plat: Map that shows the location and boundaries of individual properties. ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount of time. ...

A condominium is a form of home ownership in which the owner owns the airspace within the walls but doesn't own the actual walls, ceilings, or floors of the home. ...

Not only can homeowners associations impose pet restrictions but almost 100% of them do. Here’s the thing: the job of a homeowners associations or HOA is to look at the big ...

So, do real estate agents get paid hourly? – you ask. Listen, currently, it’s difficult to answer how do real estate agents get paid in the first place. There’s been ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

If you truly want to purchase that property, the only ethical thing to do is to purchase it through that REALTOR. Otherwise, you could set up potential conflicts between your previous ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...

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 ...