Bona Fide

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 ...

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after excluding present and future rights-of-way, restricted hazard areas, public open spaces and ...

The capital of the nation. The home of the three branches of government. With Virginia and Maryland framing its borders, the city of Washington D.C. is home to over 700,000 people. With a ...

In the Brundtland Report, the United Nations defined sustainable development as the kind of development that satisfies present societal needs without affecting future generations and their ...

Having a good job market in the area you are living is an important aspect that could impact your way of life or whether you decide to relocate in the near future. Job opportunities are one ...

There are a lot of reasons you might be thinking of moving to Estero FL. Maybe it’s the low crime rates that make you feel safe and secure when thinking of living here. Maybe ...

If you never heard of Bluffton SC you should know that it is considered to be one of the best Lowcountry towns in South Carolina. Located in Beaufort County between Hilton Head Island and ...

The one thing that everyone thinks of when it comes to Frisco, TX is sports. This lovely suburb of Dallas, TX, located only 30 min away, is where any sports fan can come to have it all in ...

If you were ever involved in a real estate transaction, you probably had to work with a real estate agent in one way or another. It is possible to work on your own and not involve any real ...