Section 1245

Risk that an individual may have to sell assets at distressed prices to raise funds. An example is a homeowner who must sell his house at a low price because he cannot afford to make ...

The person named in a deed who acquires ownership. ...

Standard language in real estate contracts and prospectuses-usually in small print. ...

Second layer of flooring material placed over the rough flooring or flooring planks in a structure. The finish floor is a polished floor often made oak or other hardwood materials. ...

Person, such as the beneficiary of a deed, asking that he be informed if the property is foreclosed by someone else. ...

Prepayment to a landlord for refurbishing the unit beyond what would be anticipated from customary wear and tear. It is like a damage deposit. The security deposit may be refunded at the ...

Relationship between individuals or entities whereby rights given to one are returned in kind to the other. An example is where one person has the right to use facilities of another with ...

Style of construction made popular in the 1800s. Its characteristics include very steep roof, ornate trim, diagonal braces, and exposed framing members. ...

Melbourne is a city located in Brevard County, Florida and it is also known to be the second-largest municipality in the county. Having a population of about 80,000 people with a median age ...

The one thing that everyone thinks of when it comes to Frisco, TX is sports. This lovely suburb of Dallas, TX, located only 30 min away, is where any sports fan can come to have it all in ...

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 ...

Dallas is a city that holds around 1.3 million people and its prosperous economy has drawn a lot of people to the area. The beginning of Dallas’s economic prosperity started with the ...

Of all the things that can make or break a city in terms of its livability, the single thing that takes the first spot is the cost of living. Gas prices, rent prices, utility costs, and ...

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 ...

The city of Severna Park is located in Anne Arundel County, Maryland. With a population of about 39,000 people, the vibrant and lively area is complemented by friendly people and impressive ...

Incorporated in 1935, the city of Gulf Breeze FL is just a 15-minute drive from Pensacola. You will find it right on the coast of the Gulf of Mexico with waterfront access on three of its ...