Balloon Clause

Same as term junior mortgage: Mortgage placed on a property after a previous mortgage. It can be a second, third, etc. mortgage. A junior mortgage is subordinate to the terms of a previous ...

Fees that all tenants or owners must pay for the cost of maintaining common areas. ...

A person who dies without a will and having unknown intentions regarding his estate. In such case, a court administrator is typically appointed to act as an executor in distributing any ...

An estate which descends to heirs in perpetuum. In an estate of inheritance, the current tenant not only has the right to enjoy the property for life, buy his or her tenancy rights pass to ...

Availability of houses in an area. ...

In conducting a real estate transaction, each party is presumed honest and fair with no deceit. The intentions are honorable and realistic. If deception occurs without prior knowledge, the ...

Structure or part thereof, such as a building, that obstructs or overlaps another property. Infringement on the property or rights of another individual or business. ...

Geographic location where a vacant or occupied structure exists. It usually means the land reserved is for a future building. ...

Life in big cities can sometimes be fun and entertaining and sometimes it can be a bit challenging and stressful. The city of Dallas has a population of 1.3 million people and has seen a ...

The city of Alexandria, VA, is located south of Arlington, VA, and across the Potomac River from Washington D.C. That location brings along with it great expectations from the Alexandria ...

Paid advertorials are articles written by public relations professionals that have just one goal in mind - to get you to buy a home. I\'m sure you\'ve seen them all over Newspaper Ads, ...

In the city of Pasadena, MD live many young families, most of them with small children. Home prices are important when it comes to moving somewhere new. Pasadena, MD has a certain ...

The city of Pensacola FL is well known for the Pensacola Naval Air Station that is located nearby; but did you know that it’s also a great place to live? That’s right! Living in ...

Land O’Lakes is one of the best lake communities in the state of Florida. It is located in Pasco County, and with a population of about 37,000 people, the city is a desirable place to ...

Clermont is a city situated in Lake County, Florida with a population of about 36,000 people and it is part of the Orlando-Kissimmee-Sanford Metropolitan area. Clermont Florida has a ...

In 2020, our credit score is an essential and integral part of our financial lives. Replacing outmoded concepts like a good reputation and an unbroken word of honor, this relatively new ...