Assurance
Giving of a promise or guarantee to the receiver to instill confidence.
Popular Real Estate Terms
The meaning of an undisclosed principal in everyday use often refers to a confidential client who intends to keep their identity hidden. Typically, this individual remains in the background ...
Passing of title to property that is in fact not valid. ...
What a piece of property could be sold for on the market. ...
Map showing the kinds of soil in a designated locality. ...
A hard white finishing cement with a fast setting time and a high polish capability. Consisting of anhydrous gypsum plaster and an accelerant, alum, Keene's cement is normally applied over ...
Privilege of a real estate investor or lender to participate in the profitability generated from property. This is in addition to any principal, interest, or dividends. ...
One who acts as a witness and fives written testimony under oath. ...
Same as term resale proceeds: Net amount received when property is sold. It equals the selling price less outstanding mortgage balance less all costs incurred in connection with the sale. ...
Regarding the definition of the term adjoining, we see a term used most often to describe a particular position that objects, items, or properties have regarding each other. In the case of ...
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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