Process determining an individual's financial ability to meet the terms of a loan. When selling real estate, the sales broker must qualify the buyer to make certain he/ she has the financial ability to purchase the property and be eligible to obtain a mortgage.
In insurance, a period of time during which an individual is eligible to receive benefits until it is determined whether or not fraud or other misrepresentation has occurred. A qualification period is found most frequently in health insurance and pension plans.
Primary horizontal support for a structure such as a house. It may be a large piece of wood, stone, iron, or other material that lies across the walls, and serves as support of the ...
A provision not explicitly stated in an agreement, but considered as an important item. For example, the buyer of a home anticipates it to meet seller's claims as to condition and use. ...
A property manager is either a person or a company that supervises real estate units’ daily operations. They can either manage individual units or entire buildings, both residential ...
A unilateral contract is a contract where only one part holds responsibility for whatever the document promises.
For instance, an insurance contract is usually a unilateral contract ...
Choosing alternative real estate investment instruments having different risk-return features. Diversification can be done by regions and types of real estate. Diversification provides a ...
An adversary hearing allows both parties to an issue to present their views.
A public procedure performed by an administrative or legislative body to investigate certain matters and ...
The answer to this question depends on what kind of investment you are referring to. The city of Cape Coral, FL was the original master-plan investment. It started out as the Rosen ...
For a city located just 20 minutes away from Savannah,GA, the city of Pooler, GA is significantly attractive for all those that want to live close enough to the big city while enjoying the ...
Land O’Lakes is a CDP(census-designated place) located in Pasco County Florida, in the Tampa Bay area. Close to the Gulf of Mexico coast but far enough that Land O’Lakes forms a ...
Do you have second thoughts on paying “dubious fees,” especially if you move to a new neighborhood? Don’t worry; many share the same feeling. In this FAQ, we intend to ...
If you’re looking into relocating in the Sunshine State, why not go a step further and move in Sunshine City. Also known as St. Pete or The Burg - depends whether you’re talking ...
When a home is marked “as is”, it means the home seller will not take part on any renovations, will not fix any defects the home buyer might bump into. If the home buyer wants ...
Falling behind on your payments is a significant issue for many homeowners. Not every unpaid bill leads to foreclosure, especially if there is no lien on your house. If you have a mortgage ...
As the first city to ever be established in South Carolina it is safe to say that the city of Charleston has a rich history. Over the years it managed to become the largest city in ...
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