Demising Clause

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. ...

If you never heard of Bluffton SC you should know that it is considered to be one of the best Lowcountry towns in South Carolina. Located in Beaufort County between Hilton Head Island and ...

If you ever find yourself in Savannah, GA for a visit or decide to move there with your family there are some very interesting things that the city is famous for. Its location on the east ...

Located on the Eastern coast of Florida’s northern half, the city of Palm Coast, FL can pride itself with amazing beaches, great weather, amazing outdoor activities and a fair ...

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 ...

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 ...

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 ...

Located in Northwest Arkansas, Bentonville is a gorgeous city with a population of about 50,000 people. The city has been growing both in numbers and popularity, and many find it to be one ...

Boca Raton is a beautiful city in southern Florida that draws thousands of tourists each year with its beautiful sunny beaches and relaxed beach town feeling. But Boca Raton draws more than ...