Economic or physical life of a fixed asset. The property is depreciated over the period benefited.
Joining together of two or more business entities or persons in order to undertake a specific business venture in a real estate. A joint venture is not a continuing relationship such as a ...
Property interest a person has that is presently possessed by another. Upon the termination of the possession, the property reverts to the grantor. ...
Geographic area that has been designated by local government to have historical importance. The municipality provides various incentives including tax breaks to rehabilitate and preserve ...
A criminal act of falsely representing another individual to gain profit or gain an advantage. ...
Economic principle determining the market prices of goods, services, and property. The principle states there is a pricing relationship between supply and demand for real property. Economic ...
Rental in which the lessee obtains major property rights. Although not legally a purchase of property, theoretical substance governs over legal form and requires that the leased property be ...
The most common definition of a subdivision in real estate terms is when a piece or parcel of land (referred to as a plot) is divided into smaller parts by its owner. A subdivision’s ...
Written proposals and acceptances applicable to the aspects of the transaction. The escrow agent must follow the purchase and sale agreement. ...
Conceived in 1944, the VA loan program is one of the oldest facilities offered to veterans and service members. This type of loan is guaranteed by the United States Department of Veterans ...
Wondering how do real estate agents get paid? We’ve got to be honest here: some time ago that would be classified as a dumb question because it was kind of obvious. However, faster ...
So you’re thinking of moving to Boca Raton. We’ve all been there. Whether it’s within your price range or not, Boca Raton is a gorgeous city and you can’t blame ...
The city of Plano has seen an unprecedented amount of growth in the past several years. With jobs easily available and a cost of living lower than the Houston Astros’ standards when ...
So. You want to move to Bowie Maryland. Beautiful houses, tons of rich history balmy Maryland weather make the city of Bowie a great place to live. Those aren’t the only things that ...
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 ...
As it is positioned on the coast of the Atlantic Ocean and has extensive waterfront access, the city of Boca Raton, Florida is well known as a fantastic destination for those that want to ...
The spirit of friendship and hospitality are some of the aspects that characterize the residents of Fort Mill, South Carolina. This small town holds a population of about 17,000 people that ...
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