Percentage of royalties derived from an oil and gas lease payable to someone other than the property lessor. It is a net royalty interest in the oil and gas recovered at the surface free of all operating expenses.
Same as term one-hundred-percent location: Precisely the optimum location for a retail business establishment in an urban central business district (CBD). A one-hundred-percent-location ...
Requirement based on law that certain types of contracts must be in written form in order to be enforceable. With respect to real estate, although negotiations and preliminary agreements ...
Latin for by itself. A per se matter is one that is alone and not connected to another matter. For example, age, per se, is not a determinant of health. ...
The basic home inspection definition is well-known for everyone, right?However, when it comes to real estate, the term “inspection” can serve a bunch of purposes – but the ...
The definition of front foot is a person or an entity that has an advantage or has the initiative. It could also be used to suggest that someone is taking an offensive position. Based on ...
The owner of real property generally has exclusive rights to the soil and minerals underneath the land. Significant limitations on subsurface rights have to be disclosed in the title deed ...
A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results of auctions the U.S. Treasury holds for ...
A condominium is a form of home ownership in which the owner owns the airspace within the walls but doesn't own the actual walls, ceilings, or floors of the home. ...
Whether you like music, love nature or you just want to be part of a vibrant community, the state of Tennessee has it all. But, you are not here to find out more about the state as a whole, ...
Wondering what is the cash offer definition?
Well, the cash offer definition is pretty much what it says, an offer made in cash.
But aren’t all offers cash? No one buys a house ...
Wondering how to stop a lien on your property?
Well, there is one pre-emptive measure of including in your bilateral contract that failing to comply with whatever obligations the ...
Every state has its own history and interesting facts that make your mouth drop to surprise, thinking that you never knew those things. For example, did you know that the state of Tennessee ...
As the city that has been voted time and time again as the best city in the US, Charleston, SC also has to pass the safety test for any new possible residents. That is, of course, one of ...
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