Passive Solar Heating

Judicial order creating a trust for property wrongfully or illegally assumed or taken. The trust compels the person improperly to transfer it to another having a legally sustainable claim. ...

Against the thing. A legal term describing proceedings against property in contrast to a proceeding against individual parties. For example, because John has lost his job, he defaulted on ...

The Multiple Listing Service (MLS) is an exclusive database of properties created by real estate agents and brokers. The idea behind the creation of the Multiple Listing Service (MLS) ...

The price the seller charges the buyer for real estate. The net sales price received by the seller will be less after taking into account the selling costs (e.g., brokerage commission, ...

Limited-time warranty against defects, offered by builders to new home purchasers. Normally effective for a relatively short period of time, such as one or two years. ...

Meaning or definition given to an act, fact. Or thing through legal or juridical interpretation. ...

Factor used to determine the equal periodic payment associated with a real estate transaction. ...

House designed and zoned for one-family use. Other dwellings may be attached to a single family dwelling, but do not share the same plumbing, heating, or electrical system. Single family ...

Not only can one convert a warehouse into a home, but many people have been doing just that. Converting a warehouse into a loft living space is actually kind of a trend which started ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...

Wondering what is the difference between a condominium and an apartment? Well, differently from the difference between an apartment and a flat, this one is not so much related to word ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loan. ...

“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 ...

Wondering how to calculate the fair market value of a property? It helps if you understand that it’s all about an estimate; you’ll hardly bull’s-eye-it. Fair market ...

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 ...

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...