Contingent Beneficiary

An Act, passed by congress in order to prevent the practice of redlining and disinvestments in central city areas. Redlining is a practice in which lenders refuse to make loans in certain ...

Commitment by a lender to a borrower for a given amount of money at specified terms for the financing of a project. The borrower pays a fee for the privilege of either executing the loan or ...

Recognizes profit on a long-term construction contract as it is earned gradually during the construction period. This approach is preferred over the completed contract method because it ...

Drain facility usually underground for waste and water disposal consisting on connected pipes. ...

Bond collaterized by real assets. Two kinds of mortgage bond are senior mortgages and junior mortgages. A mortgage bond may have a closed-end provision that prevents the firm from issuing ...

Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...

Lease payments based on factors other than the passage of time. ...

Warranties issued by contractors, sellers, and real estate agencies that protect home buyers from specified defects in a house as per the contract. ...

An acre is a measuring unit used only for land measurements in the imperial system. The most common form in which an acre is measured, however, in a rectangle of 660 feet by 66 feet or, 1 ...

Every city has its claim to fame. For Chicago, it's the windy weather, a strangely shaped mirror sculpture, and one slightly above-average baseball team. For New York City, it’s the ...

When you strip away all of the different competing outlooks and worldviews held by the various demographics across the country, one thing remains consistent: America runs on money. This ...

There are a lot of reasons you might be thinking of making the city of Ashburn Virginia your home. The community of Ashburn VA has low crime rates, an exceptionally high median wage, a ...

Satellite Beach is a small, quaint town located in Brevard County, that fronts the Atlantic Ocean, creating one of the most beautiful coastlines in Florida. With a total area of 4.3 square ...

Located one hour north of the border and the chair seat of Pima County, the city of Tucson, AZ is a flower in the desert. As part of the Sonoran Desert, the flora and fauna in and around ...

For those who plan on moving to a new town, researching ahead of time is an important part of the decision making process. If you’re planning on moving to Knoxville, you’ve no ...

For families with children, there are a lot of important things to look for when seeking a city to call home. If you’re thinking of moving to the city of Houston, you’ll no ...