Collar Beam

In law, something that is not permitted or binding and as such, is not legally enforceable. An example is an unlawful clause in a contract such as prohibiting the rental of property based ...

Legal responsibility dictated by some jurisdictions when an individual's activities are deemed incompatible with public policy, regardless of whether the action was intentional or negligent. ...

The Internal Revenue Code (IRC Sections 1034 and 121) providing that a person over age 55 can sell a principal residence at a gain and exclude once in a life time up to $125,000 of the gain ...

Rental due on the leased property is formulated as a percentage of sales volume. There is typically a minimum rental specified. An example is a retail store that pays rental based on its ...

Analysis of a real estate sales data to appraise real estate values. Sources of real estate sales data used in the market data approach include the official records of deeds and leases ...

Property zoned and used for farming including the raising of crops and livestock. ...

Loan having the last payment either (1) more than twice the amount of any other payment, or (2) a payment arising from the lenders call provision. The term loan (or straight loan) is a form ...

Also called earnest money. Money deposited with an individual for security for the performance of some contract. This is intended to show his/her willingness to follow through with the ...

When considering moving to a new city, it’s important to know as much as possible about that city before you make such a life-altering decision. You’ll have to do research, and ...

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

So, do real estate agents get paid hourly? – you ask. Listen, currently, it’s difficult to answer how do real estate agents get paid in the first place. There’s been ...

As a gulf coast town, Foley, AL has been listed towards the end of 2019 as one of the safest cities in Alabama. The state as a whole doesn’t score very high on the safety scale but ...

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If you’re asking this question, chances are you have at least a little experience in real estate investing. Maybe you don’t have any real world experience, but you’re ...

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Many millennials, as well as families, choose to take up residence in this large city from North Carolina that somehow manages to still feel like a small town. A major reason for this is ...