Provision in a credit contract specifying that if the lender sues the borrower for late payments, the borrower accepts guilt in advance, irrespective of the reason for nonpayment.
Company formed for the purpose of owning securities of one or more real estate corporations and assuming control over their practices and management. The other corporations are generally ...
3D Printed Homes are basically homes that were printed via 3D Printers.
Though semantically the phrase is pretty obvious and straightforward, there’s a lot we need to contextualize ...
Expenditures paid for in advance such as property insurance, rent, and interest. Prepaid expenses are not used or consumed until later. They are typically of a recurring nature. ...
Legal obligation to pay for a benefit received as if a contract has actually occurred. This may arise in a few cases so that an equitable situation occurs. An example is when a homeowner ...
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 ...
When you take a look at the small city of Pasadena, MD you will see a very tight-knit community. With a population of around 31,000 residents, this census-designated town confuses the radar ...
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 ...
Bentonville is situated in the center of one of the fastest growing areas in the United States. Driven by the presence of some of the largest retail companies in the US, business is booming ...
Gulf Shores is a coastal city located to the southernmost side of Alabama on the shores of the Gulf of Mexico. This beautiful coastal destination has a population of about 12,000 people and ...
A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results of auctions the U.S. Treasury holds for ...
You’ve been invited to a housewarming party (or just invited to meet a friend’s new house) and you don’t know what to bring… well, that's why our real estate ...
Annapolis, MD is a beautiful city located on the Chesapeake Bay in Anne Arundel County. It has a population of about 40,000 people with a median age of about 37 years which makes it a good ...
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