Planned development having different types of homes, retail stores, recreational property (e.g., swimming pool), and employment. The planned community ...
In law, something that is not permitted or binding and as such, is not legally enforceable. An example is an unlawful clause in a contract such as pro ...
Method to compute the price of an income-producing property by dividing the asking price of the property by current gross rental income. A property in ...
A person who dies without a will and having unknown intentions regarding his estate. In such case, a court administrator is typically appointed to act ...
Creditor's control over property. When a loan is secured with pledged assets, the creditor has the right to go to court to obtain possession of the pr ...
The textbook definition of a spec house is \"one built on a speculative basis, without an order on the books\". Commonly, a buyer will be unsatisfied ...
A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affiliated with the "National Association of REALTORS ...
The right of a property owner to have and enjoy all of the advantages of property ownership including air right, mineral rights, riparian rights, and ...
Have a question or comment? We're here to help.