Built-up Method

Worth of the property part which is left subsequent to a condemnation action. ...

group of at least two people or businesses combining to engage in a real estate project that would exceed their individual financial abilities. A syndication allows earning to be ...

Worth of property based on the relevant economic factors (e.g., state of the economy, unemployment rate). ...

Federal act passed in 1974 regulating mobile homes. The act defines a mobile home as a "Structure, transportable in one or more sections, which is eight body feet or more in width and is ...

Represents a means of appraising a building by simply multiplying its square foot cost by the total amount of square feet in the structure being evaluated. Two or more buildings may then be ...

Report that contains information regarding the effect of a proposed project on the environment. ...

Peculiarities necessary to form a valid joint tenancy. They are unity of time, title, interest, and possession. ...

Depth of land used as standard to appraise its value. An example is 100 feet used for residential land. ...

“What states allow tiny houses?” – that’s a very simple question that yields a very complicated answer.And that’s because: Building codes vary not only from ...

An investment property is a property you purchase with the intension of using it as a rental income or for investment purposes rather than to live in. ...

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 ...

A home warranty is a guarantee for certain features of a new home-for instance, the materials and workmanship, the main components of the house, and so on. ...

Changes in the market conditions, or improvements to the property that increase the value of the property. ...

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 ...

A basic policy is a homeowners insurance policy that covers certain perils. ...

A title search is the process of reviewing court records and other records to ensure that there are no liens or claims against the property you are buying. ...