Taxes owed due to nonpayment, underreporting, or omission (unknowingly or intentionally) from a prior year. The taxing authority will demand the back taxes, including possible fines, penalties, and interest.
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 ...
When you’re in the market to purchase a property for yourself and your loved ones, the journey can run smoothly, especially if you manage to avoid working with an unprofessional real ...
Great things can be said about Fort Lauderdale, Florida. Everyone knows about its world-class amenities, with top-rated restaurants and 23 miles of beaches, which for many, seems like the ...
Located on the Western coast of the state of Florida, Naples is an ideal place to live for those that want to enjoy the best of the best of the Gulf of Mexico. From high-end shopping to ...
Matthews is a lovely small town located in southeastern Mecklenburg County, North Carolina. If you are a local in this tight-knit community of Charlotte, you will most likely enjoy spending ...
When someone decides to sell their home, they might not want to go through the whole process of getting a home ready to be sold. That means that they won’t make any further ...
Relocating is a big step forward for many of us, and deciding where you will spend a good amount of your life is not an easy decision to make. There are many factors that come into play ...
In this modern world, just about everyone has a job. Without a job, you can’t buy a home. Without a job, you won’t be able to put gas in your car or even buy a car. This being ...
When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But ...
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