See assumption of mortgage; deed of trust.
See estoppel. ...
Any abuse, disobedience, lawbreaking, transgression, or wrongdoing. It may result in punishment or litigation. ...
Same as term appraisal: Valuation assessment of real property by an expert third party for the following purposes: developing a realistic market price. setting a market value at the time ...
Large, high-volume food store where customers serve themselves by going through the aisles and selecting their groceries to be paid at the cash register on the way out. ...
Various governmental restrictions and controls placed upon land use in a given jurisdictional area. Land use regulations include zoning and building ordinances, housing codes, and ...
Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...
Clause inserted into a commercial lease by a mortgagee stating the lessee's current lease will not be terminated if there is a foreclosure action against the landlord for the failure to ...
Land located next to water that has and will continue to experience water damage. The land generally is not suitable to build a structure on. In some cases, federal or local government may ...
Conveniently located between Atlanta and the Blue Ridge Mountains, the city of Canton GA, offers scenic views of Etowah River and the foothills as well as plenty of great attractions. ...
Houston is the most populous metropolis in Texas and its population is continuously growing. Good job opportunities, housing prices and plenty of entertainment attract people from all ...
When people think of Naples, Florida, there are several things that come to mind. For a known worldwide destination, this is to be expected, but what exactly is Naples, Florida known for ...
Being a resident in Fairfax VA comes with multiple advantages. You have the economic prosperity of the area, which is highly impacted by the universities and schools. Business opportunities ...
The “Old Pueblo” or “Sunshine Factory” are the two most commonly known nicknames of Tucson, AZ. The metropolitan area has the second-largest population in Arizona, ...
The city with over 200,000 residents in the Lone Star State has all the meaningful advantages, traditions, and technical momentum, low crime rates, and prices, as well as marvelous ...
Located in Pender County, Hampstead is an unincorporated North Carolina community with ample waterfront access and a small community of around 5,700 residents. With the large city of ...
A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually ...
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