Chapter 7

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. ...

Hilton Head is an island located on the coast of South Carolina in a region called “Lowcountry”.  This region has a rich culture and history that sets it apart from other ...

For those who are trying to figure out what exactly is Chesterfield, VA we are going to come up with an explanation to clear the air. It might be complicated to differentiate but we will do ...

For a beautiful city like Charlotte, NC, ridden with history and the thrill of constant reinvention, the general expectations are for a slightly higher cost of living. However, the city of ...

Are you confused because you can never tell what is the difference between an apartment and a flat? Don’t feel bad about it. Everyone has this doubt. And, to be honest, ...

The city of Annapolis, MD is located on the Atlantic Coastal Plain and it is the closest state capital to the national capital of Washington D.C. The city has a population of about 40,000 ...

Located in southern Montgomery County the city of Bethesda, MD has a population of about 60,000 that is rapidly growing. This thriving urban community is well known for a number of things ...

When you’re choosing a place to live such as the city of Venice FL, there are a number of important questions you, as a responsible home buyer, will need to know. You’ll ...

The state of Tennessee has been one of the hardest states hit by the sub-prime mortgage crisis of 2007-2008. Since then, the state has constantly fought to make homeownership more ...