Hidden Clauses

(1) Architectural plan of a structure in the form of a picture in white on a blue background. Contains lines and solids shapes and aids in the planning, outlining, and construction of a ...

A property measurement of the front footage of a parcel of property adjoining the street. In urban areas, the front foot measurement is an extremely important indicator of property value ...

Agreement negotiated between two individuals about to enter into matrimony; deals with issues of the distribution of property and support should the marital union dissolve or either spouse ...

the type and value of real estate improvements made as well as the use to which land is put. This is controlled by zoning as well as suitability. For example, in a prime commercial downtown ...

Total price of purchasing property, including the amount of the property, cost of appraisal fees, attorney's fee, commission, credit report, hazard insurance, document preparation fee, loan ...

An attached dwelling in a multiple housing complex having at least two floors and usually a garage. Such dwellings are typically found in condominiums and cooperatives. ...

Zoning a portion of land in a given area for different purposes than its surrounding functions. For example, a locality may decide to spot zone a vacant lot in a residential area for ...

Real estate sales contract where possession and use is provided to the buyer, but the deed is kept by the seller until the full purchase price is met whereupon the title is placed in the ...

There’s really no easy and quick answer to “how much money can I borrow to buy a home?” It will all depend on the overall financial health of the area in question, the ...

When a home is marked “as is”, it means the home seller will not take part on any renovations, will not fix any defects the home buyer might bump into. If the home buyer wants ...

Hey, don’t feel ashamed for not knowing what is the difference between a real estate broker and a real estate agent. This is truly one of the most common real estate confusions out ...

If you’re looking into how to get a job in real estate and arrived at this page: congratulations; you’ve just made a big step toward your first real estate job! Not only ...

A gated community is a community of homes where you must pass through a security gate in order to enter the community. ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount of time. ...

Yes and no.The yes part of the answer is pretty standard; we’ve been covering it in the many many articles we put out on our real estate advice and tips page exposing the ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which the lender has agreed to the loan. ...