Deed Covenant

Substance developed from a binding cement medium with stone particles compacted together. After concrete hardens, its characteristics are very similar to stone. Concrete is an essential ...

Provision in the Internal Revenue Code applicable to the sale of an individual's house. The gain or loss is deferred by adjusting the cost basis of a new house bought within two years of ...

Stipulation in a contract on how property can or cannot be used. For example, a rental agreement may stipulate that an apartment may not be used for retail trade. ...

An amount of money provided for in a contract as compensation if the contract is not fulfilled. An example is an offer to buy real property that includes a provision that once the seller ...

Having the intellect to comprehend the terms and conditions of a will and their impact. A testator must understand his or her estate and its eventual disposition and effects in order to ...

Transfer of an assumable mortgage from the old owner to the new owner. ...

A method of purchasing real estate whereby a maximum amount of leverage is used. Normally the seller will finance the down payment necessary to acquire a mortgage. Thus, the purchaser is ...

Depressed, poorly kept locality that may include vacant businesses. It may be a high crime area. The people living in the area are typically poor and there may also be homeless people. ...

Melbourne is a city located in Brevard County, Florida and it is also known to be the second-largest municipality in the county. Having a population of about 80,000 people with a median age ...

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 ...

Do real estate agents work with home renters? Yes, they do. To be honest, real estate agents are willing to work with everyone. There are some who are specialized in sales and not rentals, ...

Naples, Florida is a small city situated on the Gulf of Mexico in southwest Florida. This coastline destination is perfect for beach-going since it has a good year-round climate as well as ...

Finding Fort Washington, MD on the map is not something too complicated. Just south of Washington D.C. in a perfect location for it to protect the nation’s capital for a Potomac River ...

When you’re moving to a new city, you don’t want to take any chances. Before you spend your life and relocate to a new and unfamiliar place, there are certain things any ...

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 ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...