Economic Value

A ground lease that includes only the cost of leasing the land for a period of years. Normally, a land lease is valid for an extended period of time anticipating that improvements will be ...

A clause that may be inserted into a purchase agreement or a lease indicating that subject property must be properly maintained in order to validate the contract. The effect is to create ...

Certification granted by the Realtors National Marketing Institute, which is affiliated with the National Association of Realtors. ...

Capability of a party to enter into a contract such as having the financial and physical resources as well as mental competency to meet contractual commitments. ...

term used in law stating 'allow the principal to respond'. An owner of property is legally liable for the improper actions of an agent representing him if it is within the scope of the ...

Point at which a housing development becomes a neighborhood. After an initial housing development is sold and the new owners become established, the neighborhood stage begins. The ...

Approach to appraise rental property based on anticipated future earnings to be derived from it plus the estimated selling price at the end of he period held. ...

In a construction loan, payments made to a contractor as the various construction stages are completed. The contractor uses progress payments to pay the various subcontractors and suppliers ...

If you’ve been in the real estate game for any amount of time, you’ve probably heard one particular saying: you’re not selling real estate, you’re selling you. This ...

Great things can be said about Fort Lauderdale, Florida. Everyone knows about its world-class amenities, with top-rated restaurants and 23 miles of beaches, which for many, seems like the ...

The city of Dallas holds a population of about 1.3 million people making it the third-most populous city in the state of Texas and the ninth most populous city in the country. Dallas ...

Clermont Florida is well known for its beautiful suburban neighborhoods and its high population of “snowbirds”, wealthy retirees from the northern US who spend their winters in ...

Life in big cities can sometimes be fun and entertaining and sometimes it can be a bit challenging and stressful. The city of Dallas has a population of 1.3 million people and has seen a ...

In the city of Pasadena, MD live many young families, most of them with small children. Home prices are important when it comes to moving somewhere new. Pasadena, MD has a certain ...

The real estate market in Nashville is harsh. Investors and wannabe homeowners fight over the low inventory. Investors want to get passive income by renting the property, while others ...

The grand capital of the U.S. is reducing their crime rates as the years go by. With renovations happening in every neighborhood and an economy that has been growing over the past few ...