A 12-month period used by a real estate company or partnership to account for and report business operations. Typically, the fiscal year ends December 31.
Debt secured by a lien on property.
Commitments related to unfilled contracts for real estate. The purpose of encumbrances is to prevent further expenditure of funds considering the ...
A mortgage loan where the bank provides the mortgagor the required funds to purchase property the bank has obtained through foreclosure on outstanding mortgages. For example, John obtains a ...
Property used consistently for many years by someone without challenge from the owner.
Easement resulting from law such as the reasonable expectation that a purchaser of one or two ...
What’s the definition of real estate collateral?
Could we say it’s like keeping a hostage? No, that would be relatively insensitive. But the idea is similar. In real estate, ...
A clearly stated notice that an owner or operator will not assume responsibility for an inherent risk. For example, at a parking garage, a large notice of nonresponsability clearly states ...
An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They ...
While we do refer to it as we usually refer to cities, Arlington, Virginia, is not a city. There are many who think it should as it feels, acts and looks like one, but still, Arlington is a ...
With so many things to do in St. Petersburg, FL and so many museums to marvel at, the city attracts many visitors as well as new residents. Life in the Sunshine City might just be what ...
Tucson is an economical city in Arizona, with a 6 percent lower average cost of living than the national standards and 5 percent more affordable than the state average. With the median ...
We all know that Jacksonville is the seat of Duval County and boasts the largest population in Florida. There are countless reasons for the city’s immense popularity. A thriving local ...
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 ...
At the base of the Blue Ridge Mountains is where you will find the city of Canton, Georgia. If you’re thinking of moving there it’s expected that you should wonder whether or ...
Lakewood Ranch is a city located in the northeastern part of Sarasota County and in the southeastern Manatee County, Florida. Stretching for about 48 square miles and with a population of ...
Find a Real Estate Agent
Read why Real Estate Agent rates 5 Stars in over 20 Agents Reviews
Have a question or comment? We're here to help.