Term

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. ...

Located in the Heart of North Carolina, High Point NC has a population of about 110,000 residents, and it is known for its amenities, communities, and architecture. The city of High Point ...

Have you ever asked what the suburb of Franklin TN has offer? If you ever asked yourself this question, we are here to provide an answer. Franklin TN is a town in Tennessee located in ...

Taking a look at today’s economy, whispers of recession have been heard across the globe. While things can not be certain, with the 2008 economic crash so close behind us, it’s ...

Indian Harbour Beach FL is located on a barrier island between the Atlantic Ocean and the Indian River Lagoon. This beautiful city offers you a scenic view of the ocean and the housing in ...

In the middle of South Carolina’s ocean shore is where you’ll find the city of Charleston. With a population of over 138,000 friendly residents, this city has been voted over ...

As many retirees are choosing to relocate to the Sunshine State to spend their golden years because of Florida’s sunny weather, the city of Gulf Breeze, FL is another great place ...

Harrisonburg locals know they live in a unique, trendy, and sophisticated city while keeping its old-fashioned, small-town charm. The ideal location for raising a family and eventually ...

A condominium is a form of home ownership in which the owner owns the airspace within the walls but doesn't own the actual walls, ceilings, or floors of the home. ...