Individual paying a rental fee to the lessor for the right to use real property. The two methods used to account for leases by the lessee are the capital lease and the operating lease.
Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value ...
Property taken over by the government because the owner has failed to pay taxes on it. The property may revert back to the owner when the taxes are paid. If not, the government may sell the ...
Fee a borrower is assessed for the right to make a loan payment before the due date. An example is the prepayment charge for paying-off a mortgage early. ...
The ability to pay is a self-explanatory term used in Real Estate to determine if the Home Buyer has the financial health to honor a deal.
Mortgage Lenders can't afford to lend out money ...
The meaning of a development impact fee or impact fee defines a one-time cost the local government imposes on a brand new or planned development project (regularly on a property developer.) ...
The city of Severna Park is located in Anne Arundel County, Maryland. With a population of about 39,000 people, the vibrant and lively area is complemented by friendly people and impressive ...
If you have a family, or a job that just doesn’t pay that well, chances are your first concern when moving to a new city is its cost of living. You’ll probably research the ...
When you’re thinking of moving to a new city, it’s important to have a good understanding of exactly what you’ll need to expect before you take the leap. Things like ...
I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the ...
Living in a suburban area of a big city can be quite beneficial for many people. You don’t have to deal with the crowds and the noises of the city, and you can find some lovely ...
With a population of about 1.3 million people, Dallas is the third most populous city in Texas and the ninth most populous city in the USA. The city of Dallas is part of the fourth largest ...
The city of San Antonio, Texas is one of the fastest-growing cities in the USA and for good reason. People come here because of the city's attractions, its historical heritage and the low ...
Located one hour north of the border and the chair seat of Pima County, the city of Tucson, AZ is a flower in the desert. As part of the Sonoran Desert, the flora and fauna in and around ...
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