Cancellation Clause

Same as term junior mortgage: Mortgage placed on a property after a previous mortgage. It can be a second, third, etc. mortgage. A junior mortgage is subordinate to the terms of a previous ...

Fees that all tenants or owners must pay for the cost of maintaining common areas. ...

A person who dies without a will and having unknown intentions regarding his estate. In such case, a court administrator is typically appointed to act as an executor in distributing any ...

An estate which descends to heirs in perpetuum. In an estate of inheritance, the current tenant not only has the right to enjoy the property for life, buy his or her tenancy rights pass to ...

Availability of houses in an area. ...

In conducting a real estate transaction, each party is presumed honest and fair with no deceit. The intentions are honorable and realistic. If deception occurs without prior knowledge, the ...

Structure or part thereof, such as a building, that obstructs or overlaps another property. Infringement on the property or rights of another individual or business. ...

Geographic location where a vacant or occupied structure exists. It usually means the land reserved is for a future building. ...

If you're in the process of moving, there's a good chance that you've already researched a laundry list of questions. You might have searched up the average price of a home in a prospective ...

As one of the most beautiful cities in America, the city of Savannah, GA attracts travelers from all over the country every year. The amazing architectural style combined with the very ...

Do real estate agents work with home renters? Yes, they do. To be honest, real estate agents are willing to work with everyone. There are some who are specialized in sales and not rentals, ...

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 ...

The definition of “auction” is derived from the Latin word “auctus” which means “increasing”. A home auction is a sale where bidders place one bid after ...

Have you ever considered living near an airport? Probably not if you are looking for a home in a quiet neighborhood and living near an airport is not a location that strikes you as quiet. ...

Any move is stressful, no doubt about it. And it can put a lot of pressure on you, even financially. Like everybody else, you have a few expensive items that you want to make sure that ...

If you’re here, chances are you’re interested in buying a home in Houston. You’ve probably looked at volumes of relevant info, from crime rates to job opportunities, and ...