Pro Forma Statement

Prefix meaning coming before or in front of something else. ...

The Exclusive Agency Listing is regularly confused with the Exclusive Right to Sell Listing, but they are not the same. True: on both Listings, only 1 Broker or Agent has the right to sell ...

Maximum credit a prospective buyer may be given. An example is the maximum mortgage a prospective home buyer may receive from the bank. ...

In construction, a bracket or braced framework of triangulated bars, beams, and ties used for support in the construction of a roof. ...

A company that is terminated within 3 years. According to the tax law, a gain arising from the sale or liquidation of such a business is considered ordinary income to the individual ...

Individual renting a residential or office unit. ...

Obligor is a position that comes from obligation.It can apply to a person or an entity and indicates a party that has ‘promised’ to perform a certain act. To pay a debt, to ...

Houses attached by either side of the same wall. ...

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

Generally, real property never depreciates in value, or more so, it is not very common for property to depreciate. This is why it\'s a great investment. Carefully consider location and ...

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The first number, which is also referred ...

A credit report is a report of all your debt information compiled by an independent agency. The credit report shows all outstanding debt as well as a record of payment on outstanding debts. ...

Homeowners association is a nonprofit association that manages the common areas of a condominium or \"planned unit development\" (PUD). Unit owners pay a fee to the association in order to ...

A deed is a legal document that conveys the title to a property. ...

Wondering how big is an acre?It is common to hear people say that it's almost the size of a football field without both end zones. But sometimes *almost* is not enough and you need to know ...

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after excluding present and future rights-of-way, restricted hazard areas, public open spaces and ...