(1) Housing arrangement in which the tenants are shareholders in a company that owns and maintains the structure. (2) Agreement between two real estate brokers in which the commission will be shared, usually equally.
Used primarily by real estate corporations as a means of restructuring and reorganizing existing debts. Creditors must vote on a debt-paying plan and a judge must give approval. It provides ...
Demise indicates the act of “granting a lease of property” in legal terms. A demising clause refers to a particular provision of housing requirements based on family size, ages, ...
Claim made by a federal or local government agency against a taxpayer's property for delinquent or overdue taxes. The tax lien is effected through tax assessment, demand, and failure to ...
(1) The difference between future value and present value of a payment. (2) A reduction in the amount due for early payment. (3) Discount loan. (4) Taking into account all available good ...
A mortgage loan where the bank provides the mortgagor the required funds to purchase property the bank has obtained through foreclosure on outstanding mortgages. For example, John obtains a ...
To depreciate is to lose value for something. Depreciation is the act of losing worth.Connecting with real estate, Property depreciation can be both an accounting method typically used to ...
Raised concrete border constructed along a street or a sidewalk. A curb prevents vehicle from going on the adjacent property and sidewalks as well as directing runoff into storm drains. ...
Earlier this year, at the end of spring, home sellers listed their properties at a median price of $365,000 according to Norada Real Estate Investments. The median sale price, though, or ...
“What states allow tiny houses?” – that’s a very simple question that yields a very complicated answer.And that’s because:
Building codes vary not only from ...
Satellite Beach Florida is one of the most unique and newly founded cities along the coastline of Florida. This small town holds a population of about 10,000 people who love the lifestyle ...
Take a look at what happens when a massive storm hits a secular forest. Now imagine an earthquake. Now a tornado. Maybe even a tsunami. All these are Acts of God that we all fear but have ...
There are a lot of reasons you might be thinking of moving to Estero FL. Maybe it’s the low crime rates that make you feel safe and secure when thinking of living here. Maybe ...
When you’re in the market to purchase a property for yourself and your loved ones, the journey can run smoothly, especially if you manage to avoid working with an unprofessional real ...
The definition of “auction” is derived from the Latin word “auctus” which means “increasing”. A home auction is a sale where bidders place one bid after ...
Glen Burnie MD is a suburb of Baltimore MD situated just 13 miles away, with a lovely community and plenty of things to do. This CDP situated in Anne Arundel County might not seem like much ...
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