Executory Cost

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 ...

The city of Bowie, Maryland is today the largest municipality in Prince George’s County and it all started with a small railroad stop. With a population of about  60,000 people, ...

The city of San Antonio is part of the metropolitan area of San Antonio-New Braunfels and with a population of 1.5 million people, it is the second-most populous city in Texas. San ...

Foreclosures are often financially devastating for those that fall victim to them. Far from the least of the problems that foreclosure will inevitably lead to is the negative impact on the ...

Having trouble deciding whether to spend your vacation in Pigeon Forge or Gatlinburg? Don’t worry, we’re here to help! Both are attractive vacation destinations, so we ...

Many real estate agents that are either new in the field or are thinking of upgrading their expertise in the area are looking to commercial real estate. The reason is simple. The general ...

Fort Mill is a city located in York County, in the northern part of South Carolina. This city has a population of about 17,000 people and it is well-positioned in the proximity of Rock Hill ...

If you live in the United States and you’ve planned a vacation any time in the past, well… forever, there’s a good chance you’ve heard of Orlando FL. Often referred ...

Back in 2018, the city of Houston Texas had a population of about 2.33 million people, and the population of the Greater Houston metropolitan area was estimated to be a little under 7 ...