Distraint

Canceling, nullifying, terminating, or dishonoring a contractual obligation. The Truth-in-Lending Act provides the right of rescission whereby a person can annul a contract without ...

Tax-free status given to certain nonprofit organizations and governmental entities. Churches, charities, and government buildings do not pay property tax because of their tax-free status. ...

A roof having two slopes on each side. The second slope is longer than the first part of the roof and extremely steep. ...

Founded in 1930 and located in Centerville, UT, NARELLO has 700 members consisting of state administrators managing real estate licensing laws. It seeks to improve real estate licensing ...

Contractual clause freeing a party from personal liability. Foe example, an exculpatory clause in a mortgage agreement provides a mortgagor the ability to surrender a mortgage property in ...

Latin for at first sight. Facts assumed to be true unless subsequent evidence disproves it. ...

The term master deed is a deed filed by a condominium developer or converter to record all of the individual condominium units owned within a condominium development. For example, a ...

refusal of one party to a contract to carrying out his or her responsibilities under the agreement. An example is when a builder refuses to perform previously agreed services for the buyer ...

It’s not hard to figure out why a property has a high market value, especially if you have the qualities of a real estate investor. But what happens to the properties that sell for ...

This city located on Florida’s southeast coast has a few cards up its sleeve when it comes to activities that people can enjoy. Boca Raton, FL is famous for several things, but its ...

The time to buy a home has finally arrived as you are ready to make this big financial move for your future. There are a lot of questions that might come to mind at this point. Having the ...

If you’re here, chances are you’re interested in buying a home in Houston. You’ve probably looked at volumes of relevant info, from crime rates to job opportunities, and ...

Fort Mill is a city in South Carolina that is located in York County. Fort Mill is about 19 miles south of downtown Charlotte, and about 8 miles south of Rock Hill. With a population of ...

The city of Clermont is just west of Orlando, Florida, which is probably one of the biggest entertainment grounds in the world. But, we are not here to talk about Orlando. We want to ...

You know what is the truest answer to “who can put a lien on your house”? Yourself. We’re not trying to be smart here; it’s the truth. Failing to pay up a ...

If you go south of Washington D.C. right by the Potomac River you’ll find the unincorporated census-designated area of Fort Washington, MD. With over 24,000 residents, Fort ...