Constructive Trust

A gift by will of real property. Absolute legasy: An unconditional and immediate gift. Conditional legasy: The bequest of a gift depends on the occurrence of something happening. For ...

Something that is illegal. An example is an unenforceable debt because it has exceeded the statute of limitations. ...

A map that shows land elevations. ...

Through real estate properties, many individuals of varying degrees of expertise find ways to make money. The real estate industry allows these practices as real estate properties are ...

The definition of Hypothecation in real estate is the use of one’s belongings as collateral for a loan. This practice assures the lender that, whether the borrower is able to pay or ...

Location Analysis is the appraisal of a general geographic area for a particular use. A Residential Real Estate Market professional (or consumer) rarely deals with a Location Analysis ...

Characteristic of a trust that prevents the invasion of its principal by the trustees while providing a lifetime income to its principal beneficiary with the rest going to the son's ...

Same as term furring strip: Insulating material attached to crevices around doors and windows to prevent air from either entering or escaping from a structure. Tacked, stapled, or glued ...

Becoming a commercial real estate broker is one of the most fulfilling and lucrative career opportunities. If done correctly, this career could help you earn significant revenue, and many ...

Many young adults and members of Gen Z can’t wrap their heads around choosing between living in an apartment or a house. By all means, it’s a tough nut to crack. When asked, ...

The state of Tennessee has been one of the hardest states hit by the sub-prime mortgage crisis of 2007-2008. Since then, the state has constantly fought to make homeownership more ...

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 ...

Located just outside of Boston, Newton MA is a vibrant community that is comprised of 13 distinct villages that hold a population of about 90,000 people. Renowned for its community life, ...

Any structure that was ever built on land had to first be evaluated by a land surveyor through a survey. If you are wondering, what is surveying, then you should know that surveying is a ...

Every city has its own charm and there is always something special that sets apart every state, region, or city. If you are coming to northern Virginia, there are definitely some unique ...

Austin, the capital of Texas, became an attractive relocation destination for many families and young professionals. Indeed, they’re drawn to this place due to its countless economic ...