Right Of Dower
A life estate right of a widow on the demise of her husband, if he dies intestate, to all his lands and possessions for her and her children's support. If she dissents from his will, the widow is entitled to one-third of all the assets of husband's estate. The right of dower has been abolished in almost all states and significantly changed in others.
Popular Real Estate Terms
The excess of total expenses over rental revenue for a real estate business. ...
A heating system consisting of a heating unit forcing hot air through an interconnected network of air ducts with outlets throughout the structure. The advantages if a forced hot air system ...
Lienholder's statement as to the unpaid balance on a trust deed note. ...
Modeled after the English Georgian style, this architecture is a perfectly scaled grand symmetrical structure which is extremely formal and conventional in style. ...
Expenditures incurred to initially purchase property, including incidental costs necessary to put the property into existing use and location. This cost is then depreciated over the assets ...
Statement made verbally. It is better legally to have a written statement because verbal ones without witnesses may be denied. ...
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The Ellwood method based on a multiplier of mortgage-equity to determine the value of income-producing property. ...
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