A legally transferable debt instrument by which the issuer agrees to pay the payee within a certain time period. Note usually pay a specified rate of interest tied to the market rate of ...
An unpreventable, overwhelming, and irresistible force. It is common to place a force majeure clause in a construction contract to indemnify a construction deadline in the event an act of ...
A loan in which the entire charge is subtracted up front from the face value of a loan. The proceeds received are the face value of the loan less this deduction, which increases the ...
(1) Bracket used to support an extended eave or cornice on the outside of a house. (2) Truss or beam projection beyond its base and supported by its strength and rigidity, such as a ...
Market condition in which the prices of real property are declining because of a lack of demand normally associated with a general economic slowdown. ...
Those factors causing the movement of people, industry, and business from the central city to the outside central city areas, suburbs, and/or small cities. Elements of the dispersing force ...
Many real estate agents that are either new in the field or are thinking of upgrading their expertise in the area are looking to commercial real estate. The reason is simple. The general ...
Every year, hurricane after hurricane sweeps over huge swaths of the country, leaving paths of destruction and decimation in their wake. Homes are destroyed by high winds or high water, ...
In the middle of South Carolina’s ocean shore is where you’ll find the city of Charleston. With a population of over 138,000 friendly residents, this city has been voted over ...
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 ...
There are a lot of reasons you might be thinking of making the city of Ashburn Virginia your home. The community of Ashburn VA has low crime rates, an exceptionally high median wage, a ...
A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results of auctions the U.S. Treasury holds for ...
Nestled in a quiet crook of Florida’s southwestern coastline, the city of Venice FL is every home buyer’s dream. With gorgeous gulf vistas, quiet city streets, and a plethora of ...
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