Collusion

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 ...

Correcting a mutual error in the original contract that did not property portray the intent of both parties. However, if only one party is at fault, reformation does not apply unless the ...

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Notion that a buyer should not pay more for a property than it would cost to buy at current prices for land, labor, and appraisals. ...

The definition of voluntary alienation in real estate is the transfer of the residency rights or deed of a property between two parties without the use of extraneous legal measures. Unlike ...

Federal act passed in 1974 regulating mobile homes. The act defines a mobile home as a "Structure, transportable in one or more sections, which is eight body feet or more in width and is ...

Issued to correct errors in another deed such as spelling errors in a name or an improper legal description. For example, a correction deed was issued to the property owner Smith to amend ...

Right to profit by utilizing the assets of another's land. A profit a' prendre would include the right to use and mine another's property recovering and removing any assets. ...

The city of Annapolis, MD is located on the Atlantic Coastal Plain and it is the closest state capital to the national capital of Washington D.C. The city has a population of about 40,000 ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...

Canton GA can be described as a self-sufficient city where you don’t feel enclosed by traffic and crowds, but at the same time, you don’t have to worry about driving to larger ...

When moving to a new place, most adults do a great deal of research to find out what to expect from their potential new home. If you’re moving to Port Charlotte, you’re probably ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount of time. ...

As the first city to ever be established in South Carolina it is safe to say that the city of Charleston has a rich history. Over the years it managed to become the largest city in ...

The barrier island of Lowcountry in South Carolina holds plenty of cultural, historical, and recreational attractions for you to explore. If you plan to venture yourself into the heart of ...

The resort town of Hilton Head is located on the coast of South Carolina, and it is more commonly known as Hilton Head Island. With about 40,000 residents and a median age of 57, the city ...