Primary Lease

Market in which the spreads between the asking and offer price of real estate are small. The property may be in abundant supply and actively traded. ...

A judicially approved plan in which a persons obligations are paid over three years. It is an arrangement for the repayment of debts which permits a credit user in severe financial straits ...

Mortgage where the lender pays a borrower a fixed monthly payment based on the value of the property. It allows the borrower to receive monthly receipts against the equity in his or her ...

Judicial action to establish property ownership. In a quiet action, adverse claimants are required to state their claims or be forever stopped from any future title claim. The basic ...

A fully amortized mortgage necessitating periodic payments of both interest and principal. In the early years of the loan, the share of principal is smaller and the interest larger, a ...

Language commonly used in a fee simple title conveyance. The significance is whether the title is clear and can be passed on to the purchaser's estate including all heirs and those who may ...

Basis for the valuation of property acquired from a decedent for tax purposes. The unified transfer tax in 1976 provides for the valuation of property to be the adjusted basis immediately ...

Unroofed, paved area built adjacent to an apartment building or residence. ...

The city of Annapolis, MD is located on the Atlantic Coastal Plain and it is the closest state capital to the national capital of Washington D.C. The city has a population of about 40,000 ...

As the county seat of Cherokee County, the city of Canton, Georgia is ideally located for all those that love the wild outdoors and want to venture in explorations through the southern tips ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...

Nine out of ten Americans treat their pets like any other family member. Over 63 million dogs and 42 million cats are spoiled in our homes. But believe it or not, Scottsdale, Arizona has ...

Alexandria is one of the greatest cities in Virginia and there are a number of reasons for that. Firstly its location near the capital which makes it easy to go back and forward between the ...

Most of the online “Best places to Live” listings grant Alpharetta a top ranking, but is Alpharetta GA a safe place to live? If we take into account the fact that the overall ...

Hey, don’t feel ashamed for not knowing what is the difference between a real estate broker and a real estate agent. This is truly one of the most common real estate confusions out ...

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