Executor (male)/ Executrix (female)

Increase in the value of property arising from holding it. The gain is realized only when the property is sold at which time it is taxable. An example is the increase in the appraised value ...

See Board of Equalization. ...

Individual to whom a mortgage, or property, is pledged. ...

The price the seller charges the buyer for real estate. The net sales price received by the seller will be less after taking into account the selling costs (e.g., brokerage commission, ...

Giving another an immediate benefit. Example are an employee in a real estate company receiving pension or health care benefits after five years of employment, and passing title to ...

General decrease in prices. It is the opposite of inflation and different from disinflation, which is a decrease in the rate of price increases. Deflation results form a reduction in the ...

generic name of the form used to file taxes payable to a federal, state, or local government. The tax return includes items such as gross income, deductions, tax credits, and tax due. ...

Professional certification granted by the Institute of Real Estate Management, an affiliate of the National Association of Realtors. ...

For those of you who started searching for a new place to live in Pasadena, MD it’s important that you check a few things before you close a sale. Most people look at housing costs ...

Wondering what is the cash offer definition? Well, the cash offer definition is pretty much what it says, an offer made in cash. But aren’t all offers cash? No one buys a house ...

Boca Raton is a beautiful city in southern Florida that draws thousands of tourists each year with its beautiful sunny beaches and relaxed beach town feeling. But Boca Raton draws more than ...

With 236 sunny days in a year and no freezing temperatures, Clermont really deserves a closer look. And even though it is in the heart of Lake County, the risk of having your house flooded ...

Fort Mill is a town located in the state of South Carolina as a suburb of the city of Charlotte. Right around the border of South to North Carolina, this city is also known as Fort Mill ...

Recognized by Forbes as being one of the best places to live in the USA, Fairfax is a city nestled in the suburban expanse of Washington, DC metro region. Fairfax is an independent city and ...

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 ...

Basement remodels add more beautiful living space and are usually treated like new construction. This means that it increases your home’s assessed value and therefore an increase in ...