Pledge of personal property, e.g., furniture, as collateral for a note. If the debt is not paid, the holder of the mortgage will receive the mortgaged property. See also mortgage.
(1) Supporting the joists of a floor with small pieces of wood. (2) Providing temporary financing such as a short-term loan, to a real estate developer before long-term financing can be ...
The definition of restraint on alienation is a limitation on the right to convey or transfer owned real estate to another party. This restriction on conveying property has an effect that ...
Along with the square foot factor method, this is the most widely used method for estimating comparable building costs. The cubic foot factor method requires the computation of the cubic ...
Category of property zoning that designates property to be used for industrial purposes. Industrial zoning allows manufacturing, research and development purposes, factory office and ...
Matters that need to be rectified in a home or building prior to its sale or acceptance by a new owner. For example, a leaking water pipe should be repaired prior to showing the property to ...
An interim or provisional court decree, which is not final and can be reversed or amended, normally issued to direct additional proceedings prior to issuing a final decree. For example, an ...
A lease granted for the right to explore for and recover oil and gas on a specific parcel of property. The terms of an oil and gas lease specify the length of time of the contract, the ...
Finding Fort Washington, MD on the map is not something too complicated. Just south of Washington D.C. in a perfect location for it to protect the nation’s capital for a Potomac ...
A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...
When you think of the city of Miami, what is the first thing that comes to mind? You are probably thinking of their world-class beaches, great year-round weather, and awesome coastal vibes. ...
Tucson is an economical city in Arizona, with a 6 percent lower average cost of living than the national standards and 5 percent more affordable than the state average. With the median ...
Waynesboro should definitely be on your bucket list if you intend to explore the most stunning places in Virginia! The city excels for countless reasons, from mind-blowing natural ...
Incorporated in 1935, the city of Gulf Breeze FL is just a 15-minute drive from Pensacola. You will find it right on the coast of the Gulf of Mexico with waterfront access on three of its ...
Cary is a town located in the heart of the Triangle Region in North Carolina, and it holds a population of about 170,000 people. The small city has experienced continuous growth over the ...
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