A lease. It is an agreement to rent property for a given amount and term specifying
the terms and conditions for use. The term is mainly used when concerning residential property. ...
Contractual provision specifying a dollar amount or rate an individual to the contract must pay for not conforming to its terms. An example is the fee charged for a late mortgage payment. ...
Property title having no encumbrances. In the usual sense this means a title not having a mortgage. Other encumbrances could include judgments or additional financial liens. ...
Same as term trust; An agreement in which the trustee takes title of the property ( called corpus) owned by the grantor (donor) to protect or conserve it for either the grantor or the ...
The land-to-building ratio is a means to calculate in percentage how much a structure occupies the total land parcel on which it is located. It is the total building area as a percentage of ...
A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small fortune. Most loans these days do not ...
The capital of the nation. The home of the three branches of government. With Virginia and Maryland framing its borders, the city of Washington D.C. is home to over 700,000 people. With a ...
The real estate market in Florida has been for quite some time one of the hottest markets in the country. Being an international touristic destination with a good year-round climate makes ...
You can find the incredible city of Bangor, Maine, situated in Penobscot County! The third most populous city in Maine, behind Portland and Lewiston, has recently gained much attention due ...
When considering the durability of any wooden structure, one can simply look towards the Asian continent, specifically China. Aside from the Tiananmen Square, also known as the Forbidden ...
If you’re planning a trip to the city of Houston TX, there’s a good chance you’ll be wondering exactly what there is to do in this city. Whether you’re just in ...
The city of Plano has seen an unprecedented amount of growth in the past several years. With jobs easily available and a cost of living lower than the Houston Astros’ standards when ...
Humankind confronted various crisis situations during their long existence. We must never forget and learn from the greatest catastrophes we endured. Remember the ice age, earthquakes, ...
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