Constructive Trust

An organized group of ethical behavior guidelines governing the day-to-day activities of a profession or organization. ...

Body o law relating directly to condominiums and cooperative developments. Most property law provides vertical ownership of property in the sense that property owners own mineral rights as ...

Process of simultaneously appraising several pieces of property. Normally, occurs when a local government conducts a reassessment. ...

Highest amount a property is worth equal to the amount that would have to be paid to buy equivalent property in the market place. ...

Method of appraising real estate based on the market comparison of neighboring properties having similar characteristics. Seeks to answer the question: What would it cost to substitute a ...

Illegal practice of restricting the houses that are shown to a purchaser because of race, religious, or ethnic reasons. ...

Deed used to transfer property rights to a governmental authority. ...

Agreement bought by a homeowner for servicing of household items. This contract may be taken out with the contractor or third party. Example are service contracts on household appliances. A ...

All the REALTORS® in Scottsdale are aware of the hot real estate market they are working in. With a median house price of $478,200, anything that comes on the market below this price ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

Wondering how to calculate the fair market value of a property? It helps if you understand that it’s all about an estimate; you’ll hardly bull’s-eye-it. Fair market ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They ...

Developed by a successful management consultant in the ‘60s named Albert S. Humphery, the SWOT analysis is still in use today at management level. It starts with a goal in mind, a ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loan. ...

Considering that property depreciation is the phenomenon of an asset losing worth due to its use over time, home depreciation is not only common but inevitable. However, this is ...