Block

Income for investors arising from net long-term profits of a real estate mutual fund realized when the portfolio is sold at a gain. Fund managers pass on profits from sales of real estate ...

Initial offer to buy or sell answered with a revised offer. For example, a buyer offers $500,000 for a home put on the market. The owner rejects the offer but submits a counteroffer for ...

Party who petitions a lower court decision to the next higher court or moves a dispute from one jurisdiction to a higher level. ...

Recognizes profit on a long-term construction contract as it is earned gradually during the construction period. This approach is preferred over the completed contract method because it ...

The depreciation method where an equal amount of depreciation expense is allocated to each full period of the asset's useful life. The amount of depreciation is computed as follows; Annual ...

Compilation of all tax maps of a given tax district that are bound together and kept at the local tax office. The tax book is a public record that may be accessed by an individual for ...

Residence units owned by the government and available to low income families at a nominal cost. ...

property use which is in violation of the current zoning ordinance, but had been in use prior to the zoning ordinance's enactment. A nonconforming use is normally allowed to continue; ...

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 ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any costs incurred in selling the home. If ...

From the beginning, basements were not built to provide living space but a place to hide plumbing, wires and water boilers. Home buyers are always interested in the gross living area of a ...

For a city located just 20 minutes away from Savannah,GA, the city of Pooler, GA is significantly attractive for all those that want to live close enough to the big city while enjoying the ...

Fort Mill is a city in South Carolina that is located in York County. Fort Mill is about 19 miles south of downtown Charlotte, and about 8 miles south of Rock Hill. With a population of ...

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results of auctions the U.S. Treasury holds for ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

Wondering what is the cash offer definition? Well, the cash offer definition is pretty much what it says, an offer made in cash. But aren’t all offers cash? No one buys a house ...