Normal Wear And Tear

Risk that an individual may have to sell assets at distressed prices to raise funds. An example is a homeowner who must sell his house at a low price because he cannot afford to make ...

The person named in a deed who acquires ownership. ...

Standard language in real estate contracts and prospectuses-usually in small print. ...

Second layer of flooring material placed over the rough flooring or flooring planks in a structure. The finish floor is a polished floor often made oak or other hardwood materials. ...

Person, such as the beneficiary of a deed, asking that he be informed if the property is foreclosed by someone else. ...

Prepayment to a landlord for refurbishing the unit beyond what would be anticipated from customary wear and tear. It is like a damage deposit. The security deposit may be refunded at the ...

Relationship between individuals or entities whereby rights given to one are returned in kind to the other. An example is where one person has the right to use facilities of another with ...

Style of construction made popular in the 1800s. Its characteristics include very steep roof, ornate trim, diagonal braces, and exposed framing members. ...

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“What states allow tiny houses?” – that’s a very simple question that yields a very complicated answer.And that’s because: Building codes vary not only from ...

With an increasing population that has been on a steady annual growth rate of around 1% ever since the 2000s, Greensboro has been a destination many people chose to put down roots. ...

Maryland is one of the smallest states in the USA, but it holds a very diverse climate and has about 4,000 miles of shoreline. This makes it unique in many ways and so is the city of ...

The city of Fairfax comprises the county seat of Fairfax County and it is situated in Northern Virginia. Although the city of Fairfax is located within the borders of Fairfax county, ...

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 ...

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If you go south of Washington D.C, following the Potomac River on the left side of the capital, you'll find Fort Washington, MD. This is a city built around an actual fort. It was, ...