(1) Price a buyer is willing to pay, or bid, for a certain piece of property. It is the highest price offered to buy the property. (2) Price per share that shareholders receive when they redeem their shares in a real estate corporation.
In taxation, the excess of total long-term gains minus total long-term losses on the sale of real estate. Long-term classification is for real estate held one year or more. This is reported ...
Two or more people have a legal duty that can be enforced against them by joint action, against all members, and against themselves as individuals. For example, a bank can require repayment ...
The number of days that the lender guarantees the loan's rate and terms. Without a written lock-in agreement, the lender is free to change the rate and terms at the time of loan closing. A ...
Deterioration in property resulting from its ordinary use and from the aging process. An examples an apartment building that physically deteriorates over the years. ...
Located in the southwest region of Florida, the city of Fort Myers represents one of the main tourist attractions in the state. The city holds about 75,000 people with a median age of ...
A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...
The quiet, sophisticated town of Bowie MD is nestled cozily between the US capital of Washington DC and Annapolis, Maryland. This town is known for many things, from its beautiful suburban ...
When you look at a city to consider relocating to, one of the most important things to search is whether it is an excellent place to live or not. Taking a look at San Antonio, Texas, the ...
Severna Park is a census-designated place(CDP) located in the beautiful state of Maryland. More specifically, the city is located in Anne Arundel County and it is a short drive away from ...
If you’re planning to move to the city of Huntersville, you’re probably doing your research to find out as much as you can about the city before you make the decision. ...
The city of San Antonio, Texas is one of the fastest-growing cities in the USA and for good reason. People come here because of the city's attractions, its historical heritage and the low ...
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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