Cash Equity

In law, something that is not permitted or binding and as such, is not legally enforceable. An example is an unlawful clause in a contract such as prohibiting the rental of property based ...

Legal responsibility dictated by some jurisdictions when an individual's activities are deemed incompatible with public policy, regardless of whether the action was intentional or negligent. ...

The Internal Revenue Code (IRC Sections 1034 and 121) providing that a person over age 55 can sell a principal residence at a gain and exclude once in a life time up to $125,000 of the gain ...

Rental due on the leased property is formulated as a percentage of sales volume. There is typically a minimum rental specified. An example is a retail store that pays rental based on its ...

Analysis of a real estate sales data to appraise real estate values. Sources of real estate sales data used in the market data approach include the official records of deeds and leases ...

Property zoned and used for farming including the raising of crops and livestock. ...

Loan having the last payment either (1) more than twice the amount of any other payment, or (2) a payment arising from the lenders call provision. The term loan (or straight loan) is a form ...

Also called earnest money. Money deposited with an individual for security for the performance of some contract. This is intended to show his/her willingness to follow through with the ...

You’re researching your options regarding a homeowner’s insurance policy and you’re wondering which to get; there are so many! Then, your real estate agent, a great ...

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 ...

The southernmost community of Alabama, Gulf Shores is a city located on the Gulf of Mexico with a population of about 11,400 people according to the 2017 census. With over 5 million ...

The cost of living typically includes estimates for housing, food energy, healthcare, transportation, and other necessities. It helps individuals to decide where they want to live and, more ...

Alexandria is one of the greatest cities in Virginia and there are a number of reasons for that. Firstly its location near the capital which makes it easy to go back and forward between the ...

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The spirit of friendship and hospitality are some of the aspects that characterize the residents of Fort Mill, South Carolina. This small town holds a population of about 17,000 people that ...

Foreclosures are often financially devastating for those that fall victim to them. Far from the least of the problems that foreclosure will inevitably lead to is the negative impact on the ...