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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. ...

When you are imagining the ideal place to live, what is the first place that comes to mind? Would you see yourself living close to the breezy coastal beaches or are you more of a mountain ...

Who wouldn’t want to enjoy the Great Smoky Mountains up, close, and personal every day they wake up? Gatlinburg, this incredible mountain resort city in the heart of Tennessee, fully ...

Of all the things you’ll probably wonder about when moving to a new city, the one at the top of the list will likely be its safety. Whether you have a family or not, keeping yourself ...

Basement remodels add more beautiful living space and are usually treated like new construction. This means that it increases your home’s assessed value and therefore an increase in ...

“What states allow tiny houses?” – that’s a very simple question that yields a very complicated answer.And that’s because: Building codes vary not only from ...

For a city located in Southern North Carolina, on the border with South Carolina, Charlotte has an amazing history that combines the charm from the southern past with the eclectic nuances ...

So, do real estate agents get paid hourly? – you ask. Listen, currently, it’s difficult to answer how do real estate agents get paid in the first place. There’s been ...

When searching for a new place to live, there are few things that are likely to concern someone more than safety. How many crimes are committed yearly, per capita? What demographics are ...