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Something that is illegal. An example is an unenforceable debt because it has exceeded the statute of limitations. ...

A way to sell and finance property by which the seller keeps title but the buyer takes possession while installment payments are being made. The gain is taxed while the mortgage ...

The term’s balance sheet definition can be described as a financial statement that a company uses to report its liabilities, assets, and shareholders’ equity at a given time. A ...

(1) Type of loan where the final payment is substantially greater than the previous payments; also termed partially amortized loan. A debt agreement might stipulate a balloon payment when ...

Inspection required in certain types of sales of property to determine if termites are present within a building. ...

Same as term prospectus: Document that must accompany a new issue of securities for a real estate company or partnership. It includes the same information in the registration statement, ...

Judicial order prohibiting a person or business from doing something. The court may issue this dictate when unlawful conduct or activity is occurring. ...

The term comparables is used to better determine the value an asset has when compared to others, similar to it. Real estate comparables are used in assessments to determine a house’s ...

A basic policy is a homeowners insurance policy that covers certain perils. ...

For the second-largest city in Arizona, Tucson in ways feels like the arty and quirky younger sibling of Phoenix. Located in Pima County which also governs, Tucson, also known as the Old ...

Now that you’ve learned how much does a real estate agent make, you’re wondering who pays the real estate agent? Get ready for a non-answer. Or a super-answer. It’s a ...

With an excellent job market, an attractively low median housing cost, and an exceptionally low cost of housing, there is no doubt that the city of Jacksonville is a great place to live. ...

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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 ...

San Antonio, Texas has rapidly grown in the past few years. There is no surprise that between 2000 and 2010 it was declared the fastest-growing city in the United States. With a ...

In the Brundtland Report, the United Nations defined sustainable development as the kind of development that satisfies present societal needs without affecting future generations and their ...