Real Estate

Chattels: Items of Personal Property
Chattels encompass items of personal property, including both tangible and intangible objects. Understand the definition, examples, historical context, and related terms.
Chose in Possession: Tangible Assets
A comprehensive overview of Chose in Possession, which refers to tangible assets physically possessed, such as cash or equipment.
Cleaning Deposit: Ensuring Cleanliness and Fairness in Rentals
A Cleaning Deposit is a fee specifically meant to cover the costs of cleaning a rental unit upon a tenant's move-out. This deposit ensures that the property is returned in a clean state, providing fairness to both landlords and incoming tenants.
Closing Costs: Fees Associated with Finalizing Real Estate Transactions
Closing costs are fees and charges that are additional to the property price, paid by either the buyer or the seller at the conclusion of a real estate transaction.
Closing Disclosure: Comprehensive Guide to Final Mortgage Costs
The Closing Disclosure (CD) is the final document a borrower receives before closing, outlining the actual costs of their mortgage. This article provides a detailed explanation, historical context, types, key events, formulas, charts, importance, applicability, examples, considerations, related terms, comparisons, interesting facts, inspirational stories, famous quotes, proverbs and clichés, expressions, jargon, and slang, FAQs, references, and a final summary.
Closing Disclosure: Comprehensive Overview of Final Mortgage Loan Details
A detailed exploration of the Closing Disclosure, a five-page form that provides final details about the mortgage loan for transactions other than reverse mortgages.
Cost of Funds Index (COFI): Basis for Adjustable-Rate Mortgages
The Cost of Funds Index (COFI) is an index used to calculate the interest rates for adjustable-rate mortgages (ARMs). This index reflects the weighted average cost of savings, borrowings, and advances of a particular financial institution or group of institutions.
Commercial Lease: A Comprehensive Guide for Business Property Rental
Explore the fundamentals, key considerations, types, and importance of commercial leases, including historical context, mathematical models, and practical examples.
Commercial Real Estate: Essential Insights and Key Considerations
Commercial Real Estate (ComRE) refers to properties intended for commercial profit-making purposes, often leased to tenants. This article provides an in-depth look into its historical context, types, key events, and importance.
Commission Agreement: Detailed Definition
An overview of a Commission Agreement, outlining the commission terms for the sale of a property including types, examples, historical context, and applicability.
Commission Split: The Division of Commission Between Sales Agents and Their Brokers
In real estate, a commission split refers to the allocation of commission earned from a sale between sales agents and their respective brokers, often based on pre-agreed terms.
Common Area Factor: A Key Metric in Real Estate
An in-depth exploration of the Common Area Factor, a crucial element in commercial real estate used to determine rentable space by accounting for shared spaces.
Common Area Maintenance (CAM): Costs Associated with Maintaining Shared Spaces
A comprehensive guide on Common Area Maintenance (CAM) including historical context, categories, key events, explanations, formulas, charts, applicability, examples, and related terms.
Comp: Comparable Property in Real Estate
A comprehensive look at what 'Comp' or Comparable Property means in the real estate industry, including its significance in determining property prices and how it is used by buyers and sellers.
Comparable Property (Comp): Estimating Subject Property Values
A Comparable Property, or Comp, is a property used as a reference to estimate the value of another property, often used in real estate appraisals and market analyses.
Comparables (Comps): Properties for Valuation
Comparables, often referred to as 'Comps,' are properties similar to the subject property used in the Sales Comparison Approach to determine a home's value.
Conditional Use Permit (CUP): Special Zoning Permissions
A Conditional Use Permit (CUP) allows a property to be used in a manner not typically permitted within its zoning district, provided certain conditions are met.
Condo Fees: Essential Payments for Condo Living
Condo Fees, also known as condominium association fees, are regular payments made by condo owners to cover communal expenses, maintenance, and shared amenities in a condominium property.
Condominium Association: Understanding the Basics
A comprehensive exploration of Condominium Associations, covering historical context, key functions, importance, examples, legal aspects, and more.
Conforming Mortgage: An Essential Guide
An in-depth exploration of conforming mortgages, their guidelines, and their significance in the real estate and finance industries.
Conservation Easement: A Tool for Environmental Protection
A legal agreement that permanently limits uses of the land to protect its conservation values, often used by land trusts oriented towards environmental conservation.
Construction Lien: Securing Payment for Work and Materials
A comprehensive exploration of construction liens, their types, historical context, key events, mathematical models, importance, applicability, and more.
Construction Spending: Comprehensive Overview
A detailed exploration of Construction Spending, encompassing its definition, types, examples, historical context, applicability, comparisons, related terms, FAQs, references, and a final summary.
Constructive Eviction: When Tenant Rights Are Violated
Constructive eviction occurs when a landlord's actions or failure to act render the property uninhabitable, effectively forcing the tenant to vacate the premises.
Contingency Clause: Provisions in a Contract
A detailed overview of a contingency clause, including its definition, importance, types, examples, and special considerations in contractual agreements.
Contingent Remainder: A Future Interest in Property
An in-depth exploration of the contingent remainder, a future interest in property that takes effect only upon the occurrence of a specified event.
Contingent Rent: An Overview of Variable Lease Payments
An in-depth look at contingent rent, a type of lease payment that varies based on specific conditions such as sales volume, inflation indices, or usage.
Continuing Care Retirement Communities (CCRCs): Comprehensive Guide
Continuing Care Retirement Communities (CCRCs) offer a range of options from independent living to full nursing care. Explore historical context, types, key events, explanations, importance, applicability, and more.
Conventional Loans: Standard Mortgage Options
Understanding the nuances of Conventional Loans, mortgages that are not backed by federal government programs such as the FHA.
Conveyancing: The Transfer of Land Ownership
Comprehensive overview of conveyancing: the process of transferring land ownership, including historical context, procedures, legal considerations, examples, and related terms.
Cooperative (Co-op): Ownership of Shares in a Corporation
A comprehensive overview of Cooperatives (Co-ops), outlining ownership of shares in a corporation that entitles shareholders to occupy a unit, their types, legal and financial considerations, advantages, and historical context.
Cooperative Housing (Co-op): A Collective Ownership Model
A collective ownership model where residents own shares in the corporation that owns the building, offering an alternative approach to housing and homeownership.
Corner Post: Boundary Marker
A corner post specifically marks the corner point of a property boundary, playing a crucial role in land surveying and real estate.
Corporate Real Estate: Managing Real Estate Assets to Maximize Value
Comprehensive guide on managing corporate real estate assets, both owned and leased, to align with and support an organization's overall strategy and enhance value.
Cost Approach: An Essential Valuation Method
A comprehensive explanation of the Cost Approach, a method determining the value of a property based on the cost to replace or reproduce the improvements, minus depreciation.
Cottage: A Cozy Rural Retreat
A detailed overview of cottages, their historical context, types, key events, and much more.
Covenant: A Comprehensive Overview
An in-depth exploration of covenants, their historical context, types, importance, examples, and implications in legal and financial contexts.
Coworking Space: A Flexible Office Solution
Shared office environments used by individuals and small companies, providing flexible workspace options with a community-centric approach.
Credit Bid: Definition and Explanation
A credit bid is when a secured creditor bids up to the amount of their debt in a bankruptcy auction. This allows the creditor to purchase the asset without paying cash to the debtor.
Curb Appeal: The Attractiveness of a Property at First Glance
Curb appeal refers to the visual attractiveness of a property as viewed from the street, often affected by its exterior features and landscaping.
Custom Home: A House Built to the Specifications of an Individual Buyer
Learn what a custom home is, exploring its unique advantages, the construction process, and how it compares to other types of housing. Discover insightful examples and historical context.
Damage Deposit: Definition and Insights
A comprehensive understanding of damage deposits, including their purpose, types, usage, legal considerations, and comparison with security deposits.
Dead-End: Definition and Significance
A 'Dead-End' is a street with no outlet except for the entrance or any situation where progress or development is halted. Learn more about its implications, types, and related concepts.
Deed Covenants: Legal Agreements on Property Deeds
Deed Covenants are legal agreements attached to property deeds that impose certain restrictions or obligations on property owners. This article explores their historical context, types, key events, and more.
Deed of Assignment: The Legal Document Effectuating the Transfer
A comprehensive guide to understanding the Deed of Assignment, its historical context, types, key events, detailed explanations, and importance in legal transactions.
Deed of Gift: Formal Record of Transfer
A comprehensive article exploring the Deed of Gift, including its historical context, types, key events, detailed explanations, importance, applicability, examples, and much more.
Deed of Transfer: A Crucial Document in Real Estate Transactions
A comprehensive guide to understanding Deeds of Transfer, their historical context, types, key events, and practical applications in real estate.
Deed versus Title: Understanding Ownership in Real Estate
An in-depth exploration of the differences between a deed and a title, including historical context, types, key events, legal implications, and examples.
Defeasible Title: A Title Subject to Annulment
A detailed exploration of the concept of defeasible title in law, including its historical context, types, key events, and legal significance.
Deferred Exchange: The Most Common Type of Property Exchange
Deferred Exchange, a common type of property exchange in real estate transactions, where the original property is sold first, and the replacement property is acquired later.
Density: Measurement and Applications Across Disciplines
Density refers to the quantity of mass per unit volume of a substance, the number of dwelling units or amount of development per unit of land area, and population measurement per unit area.
Density Bonus: Incentivizing Affordable Housing
A comprehensive look at the Density Bonus, an incentive allowing developers to build additional units beyond zoning limits in exchange for affordable housing.
Density Bonuses: Incentives for Community Amenities in Development
Density Bonuses refer to incentives provided to developers to include community amenities in exchange for increased development rights; TDR involves a trade between private parties.
Depreciated Replacement Cost: Comprehensive Guide
Depreciated Replacement Cost refers to the current cost to replace an asset with a new one, minus any depreciation. This concept is critical in the fields of accounting, finance, and real estate.
Derelict: In Poor Condition Due to Neglect
A comprehensive exploration of the term 'Derelict,' its historical context, types, key events, and detailed explanations. Discover the importance, applicability, examples, and related terms. Includes comparisons, interesting facts, famous quotes, expressions, jargon, FAQs, references, and a summary.
Dereliction: The Abandonment of Property
Dereliction refers to the intentional abandonment of property by its legal owner, frequently used in maritime and real estate contexts to denote properties left without maintenance or claim.
Designated Agency: Modern Brokerage Representation
A modern real estate practice where different agents from the same brokerage represent the buyer and the seller respectively, ensuring unbiased and dedicated service.
Developed Land: Utilized with Existing Structures or for Active Purposes
An in-depth overview of Developed Land, its types, examples, historical context, and relevant considerations in various fields such as economics, real estate, and urban planning.
Dilapidations: Understanding Leasehold Premises Disrepair
Comprehensive guide to understanding dilapidations, the disrepair of leasehold premises, including historical context, legal framework, key events, and detailed explanations.
Discharge of Mortgage: Acknowledging the Repayment of a Mortgage
Understanding the Discharge of Mortgage, the process of acknowledging the full repayment of a mortgage loan, its implications, and procedures.
Disclosures: Detailed Explanation and Importance
An in-depth look at disclosures in various fields such as finance, real estate, and law, explaining their significance, types, and related concepts.
Distressed Sale: A Sale of Assets at a Lower Price Due to Urgency or Financial Duress
A distressed sale occurs when assets are sold at a significantly lower price than their market value due to urgency or financial duress. This comprehensive article covers its historical context, types, key events, and much more.
Domestic Rates: Understanding Property Taxation Based on Rental Value
Domestic Rates refer to a previous system of property taxation based on the rental value of properties. This comprehensive guide delves into its historical context, types, key events, and detailed explanations, with examples, related terms, and FAQs.
Dominant Estate: A Comprehensive Overview
A detailed exploration of the dominant estate, its definition, significance, and examples within real estate law.
Double-Net Lease (NN Lease): A Comprehensive Guide
An in-depth look at Double-Net Lease (NN Lease) agreements, where tenants are responsible for paying property taxes and insurance, but not maintenance costs. Understand the definition, types, examples, applicability, and more.
Dual Agency Disclosure: What Is It?
Understanding the concept and implications of dual agency disclosure in real estate transactions where a single agent represents both the buyer and the seller.
Dwelling Coverage: Protection for Your Home's Structure
Dwelling coverage is a crucial part of homeowners insurance that covers the physical structure of the home, offering protection against damages and providing financial security.
Earnest Money: A Good Faith Deposit in Transactions
A detailed exploration of Earnest Money, including its historical context, types, key events, significance, practical examples, and related terminology.
Easements: Legal Rights for Land Use
A comprehensive guide to understanding easements, which are legal agreements that grant the right to use another's land for specific purposes without transferring ownership.

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