Closing Statement

When the return on borrowed funds exceed the after-tax interest cost. It is profitably using other people's money. ...

Any permanent development that has been made to a parcel of land. Improved land features include whether the land has fruit bearing trees or crops producer by labor, landscaping, or ...

Same as term real estate investment trust (REIT): Type of investment company that invests money in mortgages and various types of investment in real estate, in order to earn profits for ...

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 ...

Act of postponing a closing for another day or place. Adjournments of closing can occur for a variety of reasons including the lack of an appropriate closing statement, one or more parties ...

Interpreting the objective of a testator in his or her will. The disposition of the testator's estate must be untreatable or it could be legally challenged. ...

Right to an item belongs to the public at large so anyone can use it. An example is a real estate software program that is publicly available by an electronic bulletin board service. ...

Transfer of personal property via a will as a gift to the recipient. ...

If you’re moving to a new city, then you’re going to want to know some information about that city before you make such an important decision. You might inquire as to what the ...

Sometimes it is easier for some people living in the suburb to associate themselves, with the main city that of which the suburb belongs to. But each suburb has its own history and charm ...

For those of you who started searching for a new place to live in Pasadena, MD it’s important that you check a few things before you close a sale. Most people look at housing costs ...

Having the opportunity to live in a small but vibrant city is probably one of the things that most people strive for. Firstly, you get away from the crowded metropolitan areas and the ...

Located in the Southwest of Florida, the city of Cape Coral is known for its canals and waterfront wonderland. Many people migrate here during winter or settle for a comfortable but active ...

Seated right in the middle of one of the fastest growing regions in the nation, the city of Bentonville Arkansas has seen huge population growth in the past several years. If you’re ...

Located in Pinellas County on Florida’s Gulf Coast, the city of St. Petersburg is also known as The Sunshine City and it can be a great place to live. This isn’t only because of ...

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 ...