Constructive Notice
Tax concept whereby income not actually received is considered to be constructively received by a taxpayer and thus must be reported.
Popular Real Estate Terms
An agreement by which a mortgage is made subject to a junior mortgage. For example, a loan on a vacant lot is made subject to a subsequent construction loan. ...
Increasing tax rates with increasing levels of taxable income. ...
Latin for pending the suit. A suit which is actually in progress and the outcome is pending. ...
Depth of land used as standard to appraise its value. An example is 100 feet used for residential land. ...
Single mortgage or other encumbrance that covers more than one piece of real estate. ...
Examination of the financial records of a business to uncover errors and other irregularities. Involves looking at source documents to determine the legitimacy of transactions. An ...
Connected group of wires, woods, or other materials surrounding real property to either protect it or act as a barrier against others. ...
Modeled after the English Georgian style, this architecture is a perfectly scaled grand symmetrical structure which is extremely formal and conventional in style. ...
Money raised by a syndicate promoter and placed into a fund prior to selecting the specific property in which funds will be invested. ...
Have a question or comment?
We're here to help.