Conversion of a rental apartment house to individual condominium ownership of a portion of the minimum ownership of a portion of the building. Often, the tenant is given an opportunity to ...
(1) Method of measurement lumber using the board foot cubic measure. The board measure is used to estimate quantities and prices of lumber materials. (2) Method of estimating lumber ...
Insulating material attached to crevices around doors and windows to prevent air from either entering or escaping from a structure. Tacked, stapled, or glued onto the surfaces of the doors ...
Amount charged for each unit of rental property. An example of a unit might be square footage of space or an apartment. ...
The grantee who is the tenant of a life estate. When the tenant dies, the estate goes back to the grantor. For example, President Eisenhower and his wife, Mamie, were life tenants of the ...
In real estate, Attractive Nuisance is how insurance companies classify something that is inherently dangerous and particularly enticing to children. A hazard located within a property that ...
The willingness of a lender to give a mortgage to a mortgagor. A mortgage commitment will give a time period the mortgage will be given and an indication of the interest rate to be charged ...
Involves more than one borrower being responsible for a mortgage, such as with a cooperative apartment. Involves more than one mortgagee lent on a real estate project, such as with a ...
Located on the Eastern side of the Potomac River, just south of Washington DC’s downtown district is Fort Washington, an unincorporated area in Prince George’s County. Living in ...
A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this ratio to qualify you for a loan. ...
What is a good credit score ? In 2020, our credit score is an essential and integral part of our financial lives. Replacing outmoded concepts like a good reputation and an unbroken word of ...
When you’re moving to a new city, you don’t want to take any chances. Before you spend your life and relocate to a new and unfamiliar place, there are certain things any ...
For those who plan on moving to a new town, researching ahead of time is an important part of the decision making process. If you’re planning on moving to Knoxville, you’ve no ...
With its location only 30 minutes away from Wilmington, North Carolina, the small community of Hampstead, NC, is one of the best places to live in North Carolina. But before you start ...
Naples, Florida is a city located on the Gulf Coast. This resort city is one of the wealthiest cities in the country and in 2014 there where around 12,000 households who reached the ...
Have a question or comment?
We're here to help.