In order for a title to be complete, there has to be an equitable title and a legal title. An...
Author - Richard Wilson
Easement
This is the property right to utilize or enter the property of another. It is done due to a benefit...
Contract for deed
This specifies that the real estate sale wherein the deed of the property is shifted only after...
Economic rent
Economic rent is the market value of a property at any given point in time. It may differ from the...
Guarantor
This is the individual or entity that makes a guaranty in a business transaction.
Escrow agreement
This is an agreement that is made between the parties involved and an escrow agent into a contract...
Flood Control District
This special taxing district is constructed to provide flood control in specified areas of a...
Deficiency judgment
This refers to a court ruling against a debtor that has defaulted on a secured loan. That means the...
DOWNREIT
A DownREIT is similar to an UPREIT, but the REIT operates and owns properties other than its...
Heavy Utility Needs
These are location-decision evaluations created in relation to the power or energy requirements of...
