Regulatory rules that have to be followed by the organization in conducting its activities.
The abstraction method is a valuation procedure used to determine the land value relative to the total market value of the property. The abstraction approach is most often used when there ...
(1) Return of the principal invested in real estate. It excludes income earned. (2) Collection of a previously written off bad debt. ...
Land surveying measurement that is 16.5 feet in length, or 5 1/2 yards. A perch is also called a rod or a pole. Today the term perch is seldom used. It is found in old deeds, surveys, and ...
Space constructed between elements of a structure permitting lateral movement due to expansion occurring from temperature increases. ...
A mortgage collaterized by a tenant's interest, usually structural improvements, in a leased parcel of property. A leasehold mortgage is subordinate to the landlord's land lease since it is ...
Also called profit and loss statement. A financial statement depicting a business entity's operating performance and reports the components of net income, including sales of real estate, ...
A lien against all of the property of a debtor. A general lien may be obtained either through a judgment lien, where the court issues a judgment, a lien by creditors on a state, or through ...
Legal action under eminent domain where the government takes ownership of privately held real estate for public use (parks or schools for example) irrespective of the owners wishes. The ...
I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the ...
When it comes to relocating, there are a lot of concerns you may have about the area to which you’re moving. You’ll probably want to know everything you can about the city, the ...
Naples, Florida is a small city situated on the Gulf of Mexico in southwest Florida. This coastline destination is perfect for beach-going since it has a good year-round climate as well as ...
For those who are trying to figure out what exactly is Chesterfield, VA we are going to come up with an explanation to clear the air. It might be complicated to differentiate but we will do ...
Located approximately a 20-minute drive away from Savannah, GA, the suburban city of Pooler, Georgia is the western economical hub of Chatham county. With a population of around 24,000 ...
Once a port town and one of the oldest of the surviving southern Maryland towns, Upper Marlboro is a place that was settled around 1695 and it is still a remarkable place today. The ...
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 ...
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 ...
Comments for Bylaws
I purchased a lot in a community that has a restriction one breaking up partials of land that I wasn't aware of. What are my options now? and what am I liable for?
Oct 30, 2018 16:30:48Ed, we suggest you talk with a real estate lawyer. Maybe the laws of your city do require that the home seller discloses that information and, if that's the case, maybe you can have the money back or make him/her responsible for whatever fees should that be the case. But find a LOCAL real estate lawyer to better inform you. Good luck!
Oct 30, 2018 16:35:52Who is bound by real estate community restrictions, buyer or seller?
Oct 30, 2018 10:33:43Hey Ed,
Anyone who lives within that community is bound by its restrictions, so, in a way, both. Once the seller leaves the community he or she is no longer bound to those restrictions. Once the buyer becomes a resident, he or she becomes bound by its restrictions.
Oct 30, 2018 15:13:06Have a question or comment? We're here to help.