Wondering how to stop a lien on your property?
Well, there is one pre-emptive measure of including in your bilateral contract that failing to comply with whatever obligations the ...
Nine out of ten Americans treat their pets like any other family member. Over 63 million dogs and 42 million cats are spoiled in our homes. But believe it or not, Scottsdale, Arizona has ...
Considering that property depreciation is the phenomenon of an asset losing worth due to its use over time, home depreciation is not only common but inevitable.
However, this is ...
Wondering how do real estate agents get paid?
We’ve got to be honest here: some time ago that would be classified as a dumb question because it was kind of obvious. However, faster ...
A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly ...
A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...
U.S. tax law that consists of regulations and rules to be followed by taxpayers. The Internal Revenue Code of 1954 is continually revised and amended over time. ...
Evaluation of the reasons for the difference between the expected selling price of property and its appraisal value. Perhaps the discrepancy is due to a poor appraisal, emergency nature of ...
A legal document, such as a contract, deed, will, lease, or mortgage agreement that stipulates the rights, duties, and commitments of those involved. It is a formal notice of an agreement ...
Court order granted in favor of the landlord to remove a tenant from the property because of nonpayment of rent and/or damaging the property. The writ directs an officer of the law to ...
Under current tax law, real estate is depreciated under either the straight-line method or modified accelerated cost recovery system (MACRS) method. See also MACRS. ...
Tax term describing current and necessary business expenses. Ordinary and necessary business expenses do not include long-term capital losses. For example, the XYZ stationary store deducts ...
Judicial order creating a trust for property wrongfully or illegally assumed or taken. The trust compels the person improperly to transfer it to another having a legally sustainable claim. ...
Sections of a homeowner policy. Section I relates to the home, contents, and accompanying structures. Section II provides comprehensive coverage for personal liability and the medical ...
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