Depreciation Recapture

Worth of the property part which is left subsequent to a condemnation action. ...

group of at least two people or businesses combining to engage in a real estate project that would exceed their individual financial abilities. A syndication allows earning to be ...

Worth of property based on the relevant economic factors (e.g., state of the economy, unemployment rate). ...

Federal act passed in 1974 regulating mobile homes. The act defines a mobile home as a "Structure, transportable in one or more sections, which is eight body feet or more in width and is ...

Represents a means of appraising a building by simply multiplying its square foot cost by the total amount of square feet in the structure being evaluated. Two or more buildings may then be ...

Report that contains information regarding the effect of a proposed project on the environment. ...

Peculiarities necessary to form a valid joint tenancy. They are unity of time, title, interest, and possession. ...

Depth of land used as standard to appraise its value. An example is 100 feet used for residential land. ...

When you are preapproved, you have a definite commitment from a lender ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closing costs within three days of submitting a mortgage loan application. ...

“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 ...

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations for the upkeep of the property. ...

A survey is an examination of a property\'s boundaries to determine the quantity of land, location of improvements, and other information. Usually the surveyor includes a map or drawing of ...

If you’re looking into how to get a job in real estate and arrived at this page: congratulations; you’ve just made a big step toward your first real estate job! Not only ...

The public tax assessor value of a property as determined for the purpose of taxation. ...