Reversionary Lease

One who purchases an option. For example, John pays Brian $10,000 for an option to purchase property at $100,000 within six months. ...

Act of postponing a closing for another day or place. Adjournments of closing can occur for a variety of reasons including the lack of an appropriate closing statement, one or more parties ...

Raising money by mortgages and borrowing the money directly from financial institutions. The presence of debt financing provides financial leverage, which tends to magnify the effects of ...

Having two families live in a residence designed for only one family. This violates single-family residence zoning. ...

Mortgage guaranteed up to 30 years by the Veterans Administration to veterans meeting minimum requirements. Originally established by the Servicemen's Readjustment Act of 1944, amended ...

Act of obtaining land through condemnation. For example, when in interstate highway must be constructed, the land for the new road is obtained through takings. Usually, the government ...

A board made of wood-related materials and covered with a binder primarily designed to provide high quality thermal insulation. There is a wide variety of manufactured products termed fibre ...

Farm land. Land that has trees on it. ...

Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair market value of a property. ...

The definition of “auction” is derived from the Latin word “auctus” which means “increasing”. A home auction is a sale where bidders place one bid after ...

Every client is important no matter how big or small is a business. But selling real estate is somewhat different than selling doughnuts or hot dogs. Houses are most likely the most ...

Since real estate is one of the most valuable assets on Earth, architects and builders have to comply with a number of building codes, depending on the size and destination of their ...

Please refer to our directory, where you will be able to browse using Counties and/or Cities. ...

Wondering how do real estate agents get paid? We’ve got to be honest here: some time ago that would be classified as a dumb question because it was kind of obvious. However, faster ...

You’re researching your options regarding a homeowner’s insurance policy and you’re wondering which to get; there are so many! Then, your real estate agent, a great ...

You’ve been invited to a housewarming party (or just invited to meet a friend’s new house) and you don’t know what to bring… well, that's why our real estate ...