A detailed explanation of a Section, a one-mile square subdivision commonly used in land surveying within a township.
Comprehensive entry on Section 1250 Property including definition, historical context, types, examples, applicability, and related terms.
An in-depth exploration of the Seller's Market, including its definition, historical context, key events, mathematical models, applicability, and related concepts.
A Selling Broker facilitates the sale of a property by finding a buyer, playing a crucial role in real estate transactions.
A Semi-Custom Home allows buyers to choose from pre-designed plans and make limited modifications, balancing customization and cost.
A comprehensive guide to understanding semi-detached houses, including their definition, historical context, key features, advantages and disadvantages, market considerations, and related terms.
Rental apartments designated for seniors, usually without the extensive amenities found in Assisted Living and Continuing Care communities.
Shared Ownership refers to a real estate ownership structure where multiple parties hold defined shares in a property.
Comprehensive guide to Short-Term Rentals, focusing on their definition, types, benefits, regulatory considerations, and impact on the real estate market.
A detailed exploration of single-family homes, their historical context, importance, types, and key considerations.
Learn about Single-Net Lease where tenants pay property taxes but not insurance or maintenance.
A detailed analysis conducted to understand the contamination level of a site before initiating cleanup measures.
An in-depth look into Site Value Tax, its historical context, types, key events, and significance in economics and real estate.
A comprehensive overview of site-built housing, a traditional construction method where all building activities are conducted directly on the site.
Sole Ownership refers to property ownership where one individual has full control and responsibility over the property.
A comprehensive look at the Split-Level Home, its historical context, types, key features, importance, examples, and more.
Square feet (sq ft or ft²) is a common unit of area used in the United States and other countries for measuring the size of residential, commercial, and industrial properties.
A comprehensive guide on the square foot, a common unit of area used in various fields such as real estate, construction, and architecture.
A comprehensive article about the square meter, its historical context, applications, and related terms.
Understanding squatters, their legal status, impacts, and historical context.
A detailed exploration of Stamp Duty Land Tax (SDLT), its history, calculation methods, key events, and its importance in real estate transactions in the UK.
A comprehensive overview of straight leases, which maintain consistent rent throughout the lease term.
A comprehensive exploration of strip malls, their structure, significance, and applications in modern real estate and economics.
A smaller, self-contained unit with a combined living and sleeping area, ideal for minimalistic living.
A comprehensive guide to understanding sub-leases, including historical context, types, key events, applications, considerations, related terms, and more.
A comprehensive guide to understanding subdivision plans, their components, types, applications, and significance in real estate development.
A comprehensive overview of sublease, including its definition, types, key events, importance, and more.
A comprehensive guide on sublease agreements, including historical context, key events, explanations, examples, and FAQs.
The practice of leasing rented property to a third party, commonly referred to as subleasing or subletting, involves a tenant renting out a portion or the entirety of their leased property to another individual or entity. This arrangement can offer flexibility to the original tenant but also requires adherence to specific legal and contractual obligations.
The new tenant who occupies the subleased property, known as the sublessee, plays a crucial role in real estate and leasing transactions.
A detailed look into the role of a sublessor, the original tenant who subleases the property to another party, exploring their responsibilities, historical context, and key considerations.
Detailed explanation of subletting: when a tenant rents out a property or a portion of it to another tenant while remaining responsible to the landlord.
A comprehensive explanation of a Subordinate Mortgage, its types, implications, historical context, and special considerations.
A detailed overview of subordination clauses in mortgage agreements, including their definition, types, applicability, and significance in financial and real estate transactions.
A detailed overview of subtenancy, including its definition, types, legal aspects, applicability, and examples.
A comprehensive analysis of surface leases and mineral leases, their definitions, distinctions, applications, and legal considerations in real estate, mining, and energy sectors.
Survey Markers are physical objects placed on the ground to demarcate property lines. They play a critical role in land surveying and property ownership, ensuring accurate delineations for legal and practical purposes.
Understanding the differences between a tax roll and an assessment roll, their roles, and implications in property taxation.
A comprehensive explanation of Tax-Deferred Exchange, detailing the concept, types, historical background, applicability, and related terms.
A comprehensive analysis of the Total Debt Service (TDS) Ratio, encompassing its definition, importance, calculation, and implications in finance and real estate.
An in-depth look at Tenant Improvement (TI), including its history, types, key events, detailed explanations, formulas, and real-world examples.
A detailed overview of Tenant Improvement (TI) Allowance, its historical context, types, key events, and importance in commercial real estate.
Tenant screening is a crucial process in real estate that involves assessing potential tenants based on criteria such as rental history, credit score, income stability, and more to ensure they are reliable and capable of fulfilling lease obligations.
A comprehensive exploration of tenant unions, their historical context, types, key events, and their importance in advocating for tenants' rights and interests.
A tenant-less property is one that currently has no tenants but is typically ready for lease. This term is commonly used in real estate and property management contexts.
An in-depth look at tenant's fixtures, their types, importance in property leases, related legal considerations, and much more.
Exploring the concept of terraced houses, their history, types, key events, applications, and related terminology.
Exploring the concept, applications, types, and impact of third-party financing in various industries.
Tiny homes are small, often mobile residences that can sometimes be prefabricated for reduced size and complexity.
Understanding the role of a Title Examiner in conducting title searches and preparing title reports.
A multi-floor home that shares one or more walls with adjacent properties but has its own entrance. Explore types, features, and historical context of townhouses.
Explore the rich history, types, and considerations of traditional homes that are built entirely on-site, often requiring longer construction times and higher labor costs.
A Traditional Lease involves renting both land and any existing structures. This detailed guide covers different types, special considerations, examples, historical context, applicability, comparisons, related terms, FAQs, and references.
A traditional mortgage is a long-term loan secured by real property, particularly standardized for purchasing homes, with fixed repayment schedules and terms.
This entry provides an extensive overview of Trailer Parks, covering their history, types, key events, significance, and related terms.
Delve into the concept of Turnover Rate, covering its definitions in real estate, business, finance, and human resources. Explore its calculations, implications, and examples.
An individual who owns a condominium unit and shares ownership of the common elements.
An in-depth examination of Upfront Mortgage Insurance Premium (UFMI), covering its definition, historical context, significance, and more.
An in-depth exploration of urban infill, its historical context, types, key events, models, importance, applicability, examples, and related terms.
Understanding Usable Area in Real Estate: Key Definitions, Importance, and Applications
VA Form 26-1880 is the form used by veterans to request a Certificate of Eligibility for a VA home loan. It is a crucial document for veterans and service members who seek to leverage VA home loan benefits.
Detailed explanation of VA Loans, including history, categories, key events, formulas, diagrams, examples, and more.
Vacant possession refers to a property that is free from any occupants or lease obligations, making it ready for immediate use by the new owner or tenant. This concept is vital in real estate transactions.
Vacation Clubs provide a flexible and cost-effective way to access a variety of vacation properties worldwide without the need for owning a specific unit.
An in-depth look at the Valuation Office Agency (VOA), the UK government body responsible for property valuations, its historical context, functions, types of valuations, and significance.
A Variable Lease allows rental rates to change based on predefined conditions or economic factors, offering flexibility for both lessors and lessees.
A Variable-Rate Mortgage (VRM) is a type of mortgage where the interest rate changes periodically based on an index, causing the monthly payments to fluctuate.
Understanding Vested Interest in Law and Business
A comprehensive guide to understanding Wet Loans, a type of mortgage where funds are disbursed before final document verification. Learn about its historical context, key events, advantages, risks, related terms, and real-world applications.
A comprehensive overview of zoning permits, including definition, types, historical context, applicability, and FAQs.
A comprehensive guide to the concept of acreage, its uses, computation, and historical context.
An in-depth exploration of Actual Cash Value, its theoretical foundation, practical applications, and distinctions from related concepts such as Market Value.
An addendum is something added as an attachment to a contract, commonly used to describe additional terms such as financing and inspection requirements in real estate agreements.
An Adjustable-Rate Mortgage (ARM) is a type of mortgage loan that allows the interest rate to be adjusted at specific intervals based on a predetermined index.
Adverse Possession refers to the method of acquiring legal title to land through actual, continuous, open occupancy of the property, for a prescribed period of time, under claim of right, and in opposition to the rights of the true owner.
A comprehensive guide to understanding Air Rights, their implications, applicability, historical context, and related terms in real estate and legal considerations.
Alienation in real property law refers to the voluntary transfer of title and possession of real property to another person, a key aspect of fee-simple ownership, prohibiting unreasonable restraints.
Definition and explanation of 'Allodial', a term referring to property ownership free from feudal restrictions and limitations on alienation.
ALT-A Mortgages are residential property-backed loans made to borrowers with better credit scores than subprime borrowers but provide less documentation than normally required for a loan application. Explore their implications, types, and comparison to other mortgage types.
A comprehensive look into Alternative Mortgage Instruments (AMIs), their types, benefits, drawbacks, and comparison with traditional fixed-interest-rate, level-payment amortizing loans.
A detailed exploration of amenities in real estate appraisal, including the nonmonetary benefits derived from property ownership such as pride of home ownership.
An apartment building is a residential structure with multiple apartment units, sharing a common entrance and hallway, and sometimes featuring additional commercial spaces. Understand its definition, depreciation rules, and applications.
A comprehensive insight into the professional opinion or estimate of the value of a property.
The Appraisal Foundation established in 1989 develops uniform requirements for appraisal qualifications and reporting standards, including the Uniform Standards of Professional Appraisal Practice (USPAP).
An Appraisal Report outlines the findings of an appraisal engagement, with formats including restricted, summary, and self-contained reports, as dictated by the Uniform Standards of Professional Appraisal Practice (USPAP).
An in-depth exploration of the concept of appraising, focusing on the estimation of property value, including methods, considerations, historical context, and related terms.
A comprehensive guide to understanding the role of an appraiser, their qualifications, importance in various fields, and leading professional organizations.
In property law, the term 'appurtenant' refers to the attachment of a restriction, such as an easement or covenant, to a piece of land, which benefits or restricts the owner of such land in his use and enjoyment.
Asbestos is an insulation material commonly used in older buildings, known for its hazardous nature when it becomes friable and airborne.
The selling price a property owner sets for the property. Also referred to as asking price. See related terms such as Asking Price and Bid and Asked.
An in-depth look at assessed valuation, its calculation, application, and significance in property taxation.
The assessment roll is a comprehensive public record listing the assessed value of properties within a specific taxing jurisdiction. It is essential for tax computations and public transparency.
An Assessor is an official responsible for determining property values, generally for real estate taxes. This role is crucial in ensuring that property taxes are equitably distributed based on the value of the property.
An in-depth exploration of the term 'Assignee,' detailing its definition, legal implications, types, and relevance in various contexts such as contracts, real estate, and finance.
An assumable loan is a mortgage that allows a new home purchaser to undertake the obligations of the existing loan without changing the loan terms. Commonly, FHA and VA mortgages are assumable if they lack due-on-sale clauses.
Assumption Fee: A charge levied by a lender to a buyer who assumes the existing loan on the subject property.
Attornment is the tenant's formal agreement to acknowledge a new landlord.
An in-depth look at the concept of Attractive Nuisance, its implications in property law, and the steps property owners must take to mitigate liability risks.
An in-depth study of avulsion, which refers to the sudden removal of land from one parcel to another when a body of water, such as a river, abruptly changes its channel.
An exploration of 'Bad Title,' a term used in real estate to describe a claim to property that is legally insufficient to convey full ownership rights to the purchaser.
