Debt secured by a lien on property.
Commitments related to unfilled contracts for real estate. The purpose of encumbrances is to prevent further expenditure of funds considering the ...
A mortgage loan where the bank provides the mortgagor the required funds to purchase property the bank has obtained through foreclosure on outstanding mortgages. For example, John obtains a ...
Property used consistently for many years by someone without challenge from the owner.
Easement resulting from law such as the reasonable expectation that a purchaser of one or two ...
What’s the definition of real estate collateral?
Could we say it’s like keeping a hostage? No, that would be relatively insensitive. But the idea is similar. In real estate, ...
A clearly stated notice that an owner or operator will not assume responsibility for an inherent risk. For example, at a parking garage, a large notice of nonresponsability clearly states ...
Located in the North of North Carolina, Greensboro is well known for its history, the way in which it impacted the nation. It has grown a lot over the past 25 years and it’s ...
In Jacksonville, Florida, sunshine and beaches have been a driving force for many newcomers. Still, is there something else that the city knows and practices best? Indeed, it must be ...
As you already know, within the state of Maryland there are different cities, towns, and CDP's also known as Census Designated Places. Most commonly you will find a variety of incorporated ...
A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...
Tucson is an economical city in Arizona, with a 6 percent lower average cost of living than the national standards and 5 percent more affordable than the state average. With the median ...
For those moving to a new city, there are a lot of different things to take into consideration before you make your decision. You’ll need to find out what the crime rate is, what the ...
Do you know about the birth town of Walmart, the largest retailer in the world? Did you know that the first store was called “five and dime” and nowadays it’s a museum ...
Annapolis, MD is a beautiful city located on the Chesapeake Bay in Anne Arundel County. It has a population of about 40,000 people with a median age of about 37 years which makes it a good ...
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