Also called functional depreciation. Loss of value that results from improvements that are inadequate, outdated, overly adequate, or improperly designed for today's needs. May be curable or incurable.
“What is Rent Control?”, you ask.Rent Control is how some governmental policies that prevent the Landlord from abusively raising the rent are called in the real estate ...
Provision in a loan agreement where a debtor authorizes a judgment against him in the event of a default. These agreements are widely restricted, but when they are lawful, the creditor is ...
Same as term prospectus: Document that must accompany a new issue of securities for a real estate company or partnership. It includes the same information in the registration statement, ...
Analysis of the risks and rewards to an individual in making a particular property investment. Investment analysis considers the cost of the original investment, the investment return over ...
Everyone knows what is a retirement home, but if we were to give our best most concise retirement home definition it would be of something like: real estate facilities that cater to retired ...
Located in the Heart of North Carolina, High Point NC has a population of about 110,000 residents, and it is known for its amenities, communities, and architecture. The city of High Point ...
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 ...
If you’re planning to move to the city of Huntersville, you’re probably doing your research to find out as much as you can about the city before you make the decision. ...
Located in southern Montgomery County the city of Bethesda, MD has a population of about 60,000 that is rapidly growing. This thriving urban community is well known for a number of things ...
The city of Fort Myers is a southwestern city in the state of Florida, that holds a population of about 75,000 people. This city allows people here to enjoy a calm and peaceful environment, ...
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 ...
Incorporated in 1935, the city of Gulf Breeze FL is just a 15-minute drive from Pensacola. You will find it right on the coast of the Gulf of Mexico with waterfront access on three of its ...
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