Carrying Charge

The grantee who is the tenant of a life estate. When the tenant dies, the estate goes back to the grantor. For example, President Eisenhower and his wife, Mamie, were life tenants of the ...

Any commercially fabricated and widely available product designed for household and personal use. Consumer goods are available in an open market place and are competitively priced. ...

An insurance policy that promises to pay all the legal obligations of the insured due to negligence in which damage to the property has been caused. ...

Individuals who are legally entitled to inherit money and property when someone dies. ...

Court having the responsibility of performing probate of wills and administering estates. In certain states, a probate court can appoint guardians for minor children of an estate. ...

Also called purchase money mortgage. A seller's claim to property held by a buyer as collateral for a debt or charge. ...

Incontrovertible reality forcing a judge in a trial to find evidence to the contrary unsupportable. ...

Capitalization rate used to convert the expected income derived from a property into its estimated asset value. The estimated asset value may be computed by dividing the annual income ...

Located on the East Coast of Florida you will find a city that has been nicknamed “the quieter side of Florida”. That city is Palm Coast, FL. The name itself paints a picture of ...

Since real estate is one of the most valuable assets on Earth, architects and builders have to comply with a number of building codes, depending on the size and destination of their ...

When thinking of a city where you can raise a family in a safe environment with enough amenities to provide both the young and the elderly Alpharetta offers everything a family can need. ...

When you’re moving to a new city, there are a lot of things you’ll probably be asking. Are houses expensive? What recreational activities are available in the area? Are schools ...

The city of Boca Raton is located on Florida’s southeastern edge, with Fort Lauderdale and Miami to the south and West Palm Beach to the north. As the most populous part of Florida, ...

Seated right in the middle of one of the fastest growing regions in the nation, the city of Bentonville Arkansas has seen huge population growth in the past several years. If you’re ...

Tempted to become a real estate agent in Nashville? Then, you must be concerned about the financial side of the business. Although it’s fairly easy to enter the profession, and the ...

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 ...