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An organized group of ethical behavior guidelines governing the day-to-day activities of a profession or organization. ...

Body o law relating directly to condominiums and cooperative developments. Most property law provides vertical ownership of property in the sense that property owners own mineral rights as ...

Process of simultaneously appraising several pieces of property. Normally, occurs when a local government conducts a reassessment. ...

Highest amount a property is worth equal to the amount that would have to be paid to buy equivalent property in the market place. ...

Method of appraising real estate based on the market comparison of neighboring properties having similar characteristics. Seeks to answer the question: What would it cost to substitute a ...

Illegal practice of restricting the houses that are shown to a purchaser because of race, religious, or ethnic reasons. ...

Deed used to transfer property rights to a governmental authority. ...

Agreement bought by a homeowner for servicing of household items. This contract may be taken out with the contractor or third party. Example are service contracts on household appliances. A ...

Yes, you can use two realtors® to sell your house. Actually, more than two. You can use how many you’d like. It’s what is called an Open Listing. In it, the home seller ...

The cost of homeownership in the US is often the main concern of first time home buyers. Is it better to own a property or to rent? Is it better to postpone the purchase of a home or the ...

Wondering what is the difference between a condominium and an apartment? Well, differently from the difference between an apartment and a flat, this one is not so much related to word ...

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 ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount of time. ...

A lock in guarantees a certain interest rate for a certain period of time. ...

You came in here looking to find out what happens when a property starts to depreciate but the truth is that the question comes from a false premise because not all properties depreciate. ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...