Bankruptcy (business)

Canceling, nullifying, terminating, or dishonoring a contractual obligation. The Truth-in-Lending Act provides the right of rescission whereby a person can annul a contract without ...

Tax-free status given to certain nonprofit organizations and governmental entities. Churches, charities, and government buildings do not pay property tax because of their tax-free status. ...

A roof having two slopes on each side. The second slope is longer than the first part of the roof and extremely steep. ...

Founded in 1930 and located in Centerville, UT, NARELLO has 700 members consisting of state administrators managing real estate licensing laws. It seeks to improve real estate licensing ...

Contractual clause freeing a party from personal liability. Foe example, an exculpatory clause in a mortgage agreement provides a mortgagor the ability to surrender a mortgage property in ...

Latin for at first sight. Facts assumed to be true unless subsequent evidence disproves it. ...

The term master deed is a deed filed by a condominium developer or converter to record all of the individual condominium units owned within a condominium development. For example, a ...

refusal of one party to a contract to carrying out his or her responsibilities under the agreement. An example is when a builder refuses to perform previously agreed services for the buyer ...

When you take a look at the small city of Pasadena, MD you will see a very tight-knit community. With a population of around 31,000 residents, this census-designated town confuses the radar ...

The city capital of Washington D.C. is famous for … well … for being the capital of the United States of America. That is probably the first thing that people think about when ...

Located between Jacksonville, FL, and Charleston, SC, right on the border between Georgia and South Carolina where the land meets the Atlantic Ocean, the city of Savannah, GA charms ...

When it comes to relocating, there are a lot of concerns you may have about the area to which you’re moving. You’ll probably want to know everything you can about the city, the ...

Fort Myers is a city located in the southwest region of Florida. Also, the county seat of Lee County, Fort Myers holds a population of about 75,000 people. The city was named after Colonel ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...

Naples, Florida is a city located on the Gulf Coast. This resort city is one of the wealthiest cities in the country and in 2014 there where around 12,000 households who reached the ...

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