Contingent Interest

Individual who will receive an inheritance upon the death of another. The proceeds of an insurance policy may be in a lump sum annuity. Real estate also passes to the beneficiary. ...

Innovative architectural designs for either single or multi level homes and other buildings incorporating innovative features, such as passive solar heating. Contemporary building plans ...

The loss of an access right to a parcel of property through another property owner's property. This could materially affect the value of the property denied access. ...

Loan that allows the borrower to pay only the interest for the first few years of the loan. ...

Lien which is over and above a first lien. A second lien is subordinate to the first lien and can be satisfied only after the initial lien is satisfied. ...

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 ...

A fully amortized mortgage necessitating periodic payments of both interest and principal. In the early years of the loan, the share of principal is smaller and the interest larger, a ...

The portion of a structure providing the primary ground support. Foundations have a foundation wall forming a permanent below grade retaining wall. All modern foundations rely on concrete ...

Every state has its own history and interesting facts that make your mouth drop to surprise, thinking that you never knew those things. For example, did you know that the state of Tennessee ...

Located almost in the middle of the state of Florida, the census-designated place of The Villages, FL shares its name with the larger master-planned and age-restricted community that ...

Came here wondering if you need a permit to build a bunker? Of course you do. Come on, this is America; you need a permit to build anything! Especially a deep earth bunker, which might go ...

The capital of the nation. The home of the three branches of government. With Virginia and Maryland framing its borders, the city of Washington D.C. is home to over 700,000 people. With a ...

The meaning of appraised value is the evaluation of a property by a professional appraiser at the time of a mortgage origination process. The financing institution usually chooses the ...

Cary NC is a town located in The Research Triangle Park of North Carolina. Because it is one of the fastest-growing municipalities in the US, many people are interested in finding out why ...

Not only can one convert a warehouse into a home, but many people have been doing just that. Converting a warehouse into a loft living space is actually kind of a trend which started ...

Located on the East Coast of Florida you will find a city that has been nicknamed “the quieter side of Florida”. That city is Palm Coast, FL. The name itself paints a picture of ...