Word-of-the-Week: Overlying rights
The right of a real estate owner to take the ground water below the surface of their land.
Read Moreby ft Editorial Staff | Aug 16, 2021 | Real Estate, Video | 0
The right of a real estate owner to take the ground water below the surface of their land.
Read Moreby ft Editorial Staff | Aug 9, 2021 | Real Estate, Video | 0
The CLTA standard policy insures against all encumbrances affecting title which can be discovered by a search of public records prior to issuance of the policy.
Read Moreby ft Editorial Staff | Jul 26, 2021 | Real Estate, Video | 0
The intentional destruction or neglect of property which diminishes its value.
Read Moreby ft Editorial Staff | Jul 19, 2021 | Real Estate, Video | 0
The personal right held by an individual to the nonexclusive use of property owned by another person.
Read Moreby ft Editorial Staff | Jul 16, 2021 | Real Estate, Video | 0
A pre-emptive right held by another person to buy a property if the owner decides to sell.
Read Moreby ft Editorial Staff | Jul 12, 2021 | Real Estate, Video | 0
A provision in a purchase agreement specifying the amount of money the seller will receive from the buyer if the buyer breaches the agreement.
Read Moreby ft Editorial Staff | Jul 2, 2021 | Real Estate, Video | 0
An increase in the value of a parcel of real estate when it is combined with another or multiple parcels under one ownership to form a plot with a higher and better use.
Read Moreby ft Editorial Staff | Mar 15, 2021 | Real Estate, Video | 0
Natural Hazards – Hazards which come with the location of a parcel of real estate, not with the man-made aspects of the property.
Read Moreby ft Editorial Staff | Mar 8, 2021 | Real Estate, Video | 0
Civil Rights Act – A federal law which provides broad protections to numerous classes of individuals in the United States against discriminatory activities.
Read Moreby ft Editorial Staff | Mar 1, 2021 | Real Estate, Video | 0
Trust accounts – Separate accounts apart and physically segregated from a broker’s own funds, into which the broker is required by law to deposit all funds received for clients.
Read Moreby ft Editorial Staff | Feb 22, 2021 | Real Estate, Video | 0
Lis pendens – Latin for “pending litigation.” A recorded lis pendens puts all persons on constructive notice that the title or right to the possession of real estate is in litigation.
Read Moreby ft Editorial Staff | Feb 15, 2021 | Real Estate, Video | 1
Usury – A limit on the lender’s interest rate yield on nonexempt real estate loans.
Read Moreby ft Editorial Staff | Feb 8, 2021 | Real Estate, Video | 0
Dual agent – A broker who simultaneously represents the best interest of opposing parties in a transaction, such as both the buyer and the seller.
Read Moreby Gregory Bretado | Feb 2, 2021 | Real Estate, Video | 0
Slander of title – False and malicious statements disparaging an owner’s title to property resulting in money losses to the owner.
Read Moreby Gregory Bretado | Jan 26, 2021 | Real Estate, Video | 0
Exclusive-right-to-sell and right-to-buy listings – A written employment agreement by a broker and a prospective buyer of real estate employing and entitling the broker to a fee when property is purchased during the listing period.
Read Moreby Gregory Bretado | Jan 19, 2021 | Real Estate, Video | 0
Grant deed – A document used to pass a fee simple interest in real estate from the grantor to another individual, unless a lesser interest is stated, such as an easement, life estate or leasehold interest.
Read Moreby Gregory Bretado | Jan 12, 2021 | Real Estate, Video | 0
Lead-based paint hazard – Any condition that causes exposure to lead from lead-contaminated dust, soil or paint which has deteriorated to the point of causing adverse human health effects.
Read Moreby Gregory Bretado | Jan 5, 2021 | Real Estate, Video | 0
Installment note – A note calling for periodic payments of principal and interest, or interest only, until the principal is paid in full by amortization or a final/balloon payment.
Read Moreby Gregory Bretado | Dec 29, 2020 | Real Estate, Video | 0
Due diligence – the efforts of an agent employed to meet the objectives of their client in exchange for a fee.
Read Moreby Emily Kordys | Dec 21, 2020 | Real Estate, Video | 0
What is an encroachment? An encroachment is an...
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