Also called a title defect. Any claim, lien, or encumbrance which, if valid, may impair the owners title to the property. This cloud does not hinder transfer of ownership on the property, but may reduce its market value. See also quitclaim deed.
A tenancy in which no written lease is involved, rent being paid monthly. It can be renewed for each succeeding month or terminated at the option of either party with sufficient notice. ...
Unfortunately, we encounter false advertising daily. False advertising refers to deceptive or misleading ads and commercials that fail to showcase a product’s or service’s ...
Method pf determining the geographic extent of a market for a given commercial property. This will determine the suitability of locating a specific commercial property in a certain area. ...
The term agricultural property means a type of land that has been designed or is permitted to engage in agricultural activities. Also referred to as agricultural land, agricultural ...
Contract to act on the behalf of a principal in selling real estate. The principal agrees to pay a commission to the broker when a buyer is produced who is ready, willing, and able to meet ...
The term proxy comes from the power of attorney by which the holder of stockholders in a real estate company transfers voting rights to another stockholder. A proxy fight may arise in which ...
Did you know that USNews voted Stanton College Preparatory School in Jacksonville to be the 7th top-ranked Florida school? At the same time, the College achieved the 77th position in the ...
Looking at the real estate market trends of a city like Foley, AL, for whatever reason, buying or selling, will give you a surprise. Whether the surprise is good or bad depends on whether ...
When it comes to the real estate market, for real estate professionals, it is evident that first impressions matter more than if your agent commission is 0%. No one gets to know your ...
When you strip away all of the different competing outlooks and worldviews held by the various demographics across the country, one thing remains consistent: America runs on money. This ...
Located on the Eastern coast of Florida’s northern half, the city of Palm Coast, FL can pride itself with amazing beaches, great weather, amazing outdoor activities and a fair ...
Located in the north-east side of Texas, close to the border with Oklahoma, the city of Dallas, TX is the third-largest city of Texas. With a population of over 1.3 million residents, ...
If you’re thinking of moving from your current home, you’re no doubt weighing your available options in an effort to make the best decision. If McKinney is one the cities on ...
Your workplace 401(k)s are employer-sponsored retirement accounts that allow employees to assign a portion of their pre-tax salary into that account. Employers can match your contribution ...
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