Common Elements

Anything that has physical substance and form, such as land and buildings. ...

The arrangement of the walls and rooms in a structure. A two-dimensional horizontal scale drawing of the arrangements, size, and orientation of doors, rooms, walls, and windows of a single ...

Rentals received in cash rather than on credit. ...

One of the parties is unable to satisfy the conditions of the purchase and sale contract. ...

Amount received by a seller of real property in the form of credit rather than cash. Interest is typically received on the note. If a house is sold for $300,000 of which $100,000 is cash ...

The income earned on an investment, typically stated as a percentage of the market price ...

A horizontal beam connecting together two rafters supporting the roof. The collar beam is located at the point substantially higher than the wall plate connecting the rafters. The high ...

Cubic unit of measure for a board one-foot long, one-foot wide and one inch thick, or 144 cubic inches. These measurements are not actual, since they are stated prior to finishing and ...

The southernmost community of Alabama, Gulf Shores is a city located on the Gulf of Mexico with a population of about 11,400 people according to the 2017 census. With over 5 million ...

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The state of Florida, also known as the Sunshine State, is the second most visited state in the USA, right next to California. Spanning from luxurious estates to impressive coastline ...

Naples, Florida is a small city situated on the Gulf of Mexico in southwest Florida. This coastline destination is perfect for beach-going since it has a good year-round climate as well as ...

Houston is the most populous metropolis in Texas and its population is continuously growing. Good job opportunities, housing prices and plenty of entertainment attract people from all ...

Hey, don’t feel ashamed for not knowing what is the difference between a real estate broker and a real estate agent. This is truly one of the most common real estate confusions out ...

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...

Gulf Shores is a coastal city located in the southmost part of Alabama. Although a small city with around 12,000 people, their economy is thriving because of the 5 million tourists that ...