B Horizon

Worth of the property part which is left subsequent to a condemnation action. ...

group of at least two people or businesses combining to engage in a real estate project that would exceed their individual financial abilities. A syndication allows earning to be ...

Worth of property based on the relevant economic factors (e.g., state of the economy, unemployment rate). ...

Federal act passed in 1974 regulating mobile homes. The act defines a mobile home as a "Structure, transportable in one or more sections, which is eight body feet or more in width and is ...

Represents a means of appraising a building by simply multiplying its square foot cost by the total amount of square feet in the structure being evaluated. Two or more buildings may then be ...

Report that contains information regarding the effect of a proposed project on the environment. ...

Peculiarities necessary to form a valid joint tenancy. They are unity of time, title, interest, and possession. ...

Depth of land used as standard to appraise its value. An example is 100 feet used for residential land. ...

A limit on an adjustable-rate mortgage. ...

A default is when a person fails to make payments on a loan. ...

Cooperative is a form of home ownership in which you own shares in a corporation. In return for the purchase of shares, you are allowed to live in a unit in the co-op building. ...

Changes in the market conditions, or improvements to the property that increase the value of the property. ...

When a property depreciates it declines in the value of the property due to poor location, dilapidation, or other factors. ...

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Affairs. ...

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations for the upkeep of the property. ...