Ethics

Same as term real estate investment trust (REIT): Type of investment company that invests money in mortgages and various types of investment in real estate, in order to earn profits for ...

Correcting a mutual error in the original contract that did not property portray the intent of both parties. However, if only one party is at fault, reformation does not apply unless the ...

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Notion that a buyer should not pay more for a property than it would cost to buy at current prices for land, labor, and appraisals. ...

The definition of voluntary alienation in real estate is the transfer of the residency rights or deed of a property between two parties without the use of extraneous legal measures. Unlike ...

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 ...

Issued to correct errors in another deed such as spelling errors in a name or an improper legal description. For example, a correction deed was issued to the property owner Smith to amend ...

Right to profit by utilizing the assets of another's land. A profit a' prendre would include the right to use and mine another's property recovering and removing any assets. ...

Maryland is one of the smallest states in the USA, but it holds a very diverse climate and has about 4,000 miles of shoreline. This makes it unique in many ways and so is the city of ...

The right of a property owner to have and enjoy all of the advantages of property ownership including airspace rights, mineral rights, riparian rights, and rights to alluvion, as well as ...

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results of auctions the U.S. Treasury holds for ...

Canton GA can be described as a self-sufficient city where you don’t feel enclosed by traffic and crowds, but at the same time, you don’t have to worry about driving to larger ...

Having a good job market in the area you are living is an important aspect that could impact your way of life or whether you decide to relocate in the near future. Job opportunities are one ...

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 ...

Ever wondered what it feels like to live in the state of North Carolina? The city of Durham offers one of the most authentic North Carolina experiences. Renowned for its technology ...

The definition of a commitment letter or letter of commitment in real estate is a letter whose purpose is to inform a loan applicant that their application has been processed and their ...