Assurance
Giving of a promise or guarantee to the receiver to instill confidence.
Popular Real Estate Terms
Inventory that is marketed and sold by an entity. ...
An Act, passed by congress in order to prevent the practice of redlining and disinvestments in central city areas. Redlining is a practice in which lenders refuse to make loans in certain ...
Wall having an air space between the two sides. A hollow wall is often covered with wallboard that is nailed to the wall studs providing an air space between the two sides. ...
The external covering finish of a structure which protects it from the elements. Exterior finish materials, including shingles, siding, and paints, are design to resist severe weathering ...
Clause in a percentage lease permitting the landlord to cancel a lease and recover the property if the tenant's sales fall below a specified level. Clause in a lease permitting the ...
A real estate broker who lists and sells houses or condominiums, as distinguished from a commercial broker who handles business property. ...
The result of combining two or more parcels of land so that the one large parcel has more value than the sum of the individual parcels. ...
Generally, the escalation clause, often known as the escalator clause, means a provision in a contract enabling an upsurge in prices, bids, or wages. You must understand that they come into ...
Marketing attractive space at the appropriate location at a good time in the correct square footage at a reasonable price or rental charge. An example is the renting out of space for retail ...
Comments for Assurance
Someone's spouse died with no will. There is property and the family of the deceased spouse is trying to claim the property, what can the surviving spouse do to keep the property? Her name is not on the deed.
Jun 14, 2019 22:32:31Hello, Corey! It is not that easy to gain a property once one dies intestate. According to the laws of intestate succession, the spouse and the children come first. However, to find a more detailed answer and for further instructions, the surviving spouse should contact a real estate lawyer. Unfortunately, situations like this one make it hard to keep solid relationships with the extended family.
Jun 17, 2019 06:52:42Have a question or comment?
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