Take-out Loan

Provision in a credit contract specifying that if the lender sues the borrower for late payments, the borrower accepts guilt in advance, irrespective of the reason for nonpayment. ...

A capitalization method which divides a properties first year net operating income by an estimated general capitalization rate to develop a total property estimate. ...

Legal right of the buyer of real estate for the acquisition price paid if the seller does not render the deed to the property. The buyer's lien is not only for the purchase price paid but ...

Compensation representing the fair market value of a property taken in an eminent domain action. Foe example, Brian received $150,000 for his home which was condemned in an eminent domain ...

Written statements about a person or business that are malicious, unfounded, and damaging. It is the basis for legal action. ...

Factor in real estate appraisal. A type of physical depreciation owing the lack of normal upkeep, such as broken glass and doors and discolored paint that negatively impacts the value of ...

Measure of the value of all goods and services produced by the economy within its boundaries and is the nation's broadest gauge of economic health. GDA is often a measure of the state of ...

Monthly fixed rental payment. ...

If you’re moving to a new city, then you’re going to want to know some information about that city before you make such an important decision. You might inquire as to what the ...

In Jacksonville, Florida, sunshine and beaches have been a driving force for many newcomers. Still, is there something else that the city knows and practices best? Indeed, it must be ...

The city of Alexandria, Virginia, is an independent municipality that pertains to the Commonwealth of Virginia and can be found in the state’s northwest. On the city’s right, ...

There are a lot of reasons you might be thinking of moving to Estero FL. Maybe it’s the low crime rates that make you feel safe and secure when thinking of living here. Maybe ...

Are you confused because you can never tell what is the difference between an apartment and a flat? Don’t feel bad about it. Everyone has this doubt. And, to be honest, ...

Located in North Carolina, the town of Cary has a population of about 170,000 people, and it is known to be one of the hottest small cities in the East. The city is continually growing, and ...

Boca Raton is a beautiful city in southern Florida that draws thousands of tourists each year with its beautiful sunny beaches and relaxed beach town feeling. But Boca Raton draws more than ...

If you love the beautiful rolling mountains or the long coastal beaches, and you have always desired to live in such a place, then you should probably consider relocating to North Carolina. ...