Retention

Significant information that if disclosed would affect an individual's decision. For example, a buyer would probably not enter into a contract with a seller of real property if it was known ...

We see a lot of people confusing Real Estate Agents and REALTORS® as if it was the same thing. But it’s not. The term REALTOR® can only be used if the real estate agent is a ...

An agreement occurring from actions of those impacted, but not communicated in writing or orally. For example, it is presumed that a real estate agent will perform his or her obligations ...

Governor of a fortress, custodian, jailer, or warden. ...

See estoppel. ...

Unimproved property that is set aside in a developed area for environmental or recreational purposes. For example, a subdivision having 50 homes dedicates five acres for a recreational area ...

Written modification to an insurance policy that alters its provisions. The rider may update the policy, and change the coverage of real property. ...

(1) The transformation of a racially integrated neighborhood-bousing pattern into segregated housing. (2) Deterioration, destruction, or decay. ...

Not only can homeowners associations impose pet restrictions but almost 100% of them do. Here’s the thing: the job of a homeowners associations or HOA is to look at the big ...

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 ...

A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually ...

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

This question might have crossed your mind while planning for retirement, or... after inheriting your aunt’s under-the-mattress savings. You spread your wings ready to fly to the ...

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the property. ...

A seller takeback is a type of financing in which the seller arranges for the financing on a property. ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...