Zoning
Procedure that classifies real property for a number of different uses: residential, commercial, industrial, etc. in accordance with a land-use...
Procedure that classifies real property for a number of different uses: residential, commercial, industrial, etc. in accordance with a land-use...
A deed in which the grantor guarantees that he or she is giving the grantee good title free of encumbrances....
Veterans Administration-backed mortgage. The VA, a federal agency, operates a loan guarantee program for honorably discharged veterans and widows of...
A permit granted as an exception to a zoning ordinance that allows a property owner to meet certain specified needs.
Market value or present worth. To have value, a property must have utility, scarcity, effective demand, and transferability.
One that meets all requirements of law, is binding upon its parties, and is enforceable in a court of law.
Buyers are purchasing more than just a home when they sign their final offer—they’re buying into the entire neighborhood, so it’s a good idea to get acquainted with it yourself to highlight all of its features to potential buyers. Read more.
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