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Latest video published 9/3/2019
- Word-of-the-Week: Preliminary title reports
Preliminary title report (prelim) - a revocable offer by a title insurer to issue a policy of title insurance.
- Word-of-the-Week: Judicial foreclosure
Judicial foreclosure - the court-ordered sale by public auction of a mortgaged property.
- The Stages of Foreclosure, Reinstatement and Redemption
Reinstatement and redemption periods prior to the trustee’s sale
- Word-of-the-Week: Emblements
Emblements - cultivated crops grown on a portion of land leased to a tenant by a landowner.
- Pre-Foreclosure Workout Prior to NOD
Breaking a sweat with the pre-foreclosure workout at least 30 days prior to recording a notice of default (NOD)
- Who Conducts the Sale?
Introducing the three participants under a trust deed – the trustor, the beneficiary and the trustee
- Word-of-the-Week: Elements of Value
Elements of value - Numerous factors considered in the appraisal process to determine a property's value.
- The Power-of-Sale Provision
The mechanics of a nonjudical foreclosure sale under the power-of-sale provision contained in a trust deed or other security device.
- Word-of-the-Week: Agency Law Disclosure
Agency Law Disclosure - Restatement of agency codes and case law on agency relationships of licensees acting on behalf of one or more persons in a real estate transaction.
- Word-of-the-Week: Littoral land
Littoral land is defined as land located next to a pooled body of water, such as a lake, ocean or sea.
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