Certificate Of No Defense

Also called estate in reversion. A vested interest or estate in which a person has a fixed interest in the future. For example, if a grantor is required by the IRS to pay a substantial sum ...

Rezoning of land from a higher density use to a lower density use. ...

Degree of completion or accomplishment such as a home that is 70% completed. Condition of real property. Position of an item. Legal standing such as of a case. ...

Contractual provision describing the terms under which coverage may be terminated. An insured or insurer may cancel a policy before its expiration date. Generally, a written notice of ...

The APA encourages the best techniques and decisions for the planned development of communities and regions. ...

Same as term spot zoning: Zoning a portion of land in a given area for different purposes than its surrounding functions. For example, a locality may decide to spot zone a vacant lot in a ...

Rental increment tied to sales or profit that is in addition to the flat rental fee. Assume a retail store in a mall is charged a base rental of $5,000 per month plus 2% of sales. If ...

Geographic location by itself with designated boundaries. An example is a district. ...

Everyone in your family thinks they know how to take pictures to sell your house, right? They say you shouldn’t spend money hiring a professional photographer since you are already ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...

Hey, don’t feel ashamed for not knowing what is the difference between a real estate broker and a real estate agent. This is truly one of the most common real estate confusions out ...

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small fortune. Most loans these days do not ...

Basic points relates to changes in the interest rate for your home. ...

To answer this question, let’s analyze the real estate market of Scottsdale a little bit. You probably have already done some research yourself so let’s see if we reach the same ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any costs incurred in selling the home. If ...

You probably don't have the correct knowledge to represent yourself. The seller pays the real estate commission, not the buyer, and real estate commissions are already set in the listing ...