Caveat Emptor is Latin for "Let the buyer beware," emphasizing the buyer's responsibility to research the property. Would you like to...

A blanket mortgage is a special type of mortgage that covers two or more properties. A blanket mortgage might also include a release...

The basis is the original cost of a property for an investor and is used to calculate capital gains for tax purposes. Would you like to...

A bill of sale is a legal document that transfers ownership of personal property or services from one person to another. Would you like...

A back up offer is an offer to purchase a property that is made contingent on the first offer falling through. Would you like to learn...

A balloon mortgage is a loan with smaller payments initially, followed by a large final payment (balloon payment) at the end. Would you...

Amenities are features to a home that are considered valuable. They can be public amenities, such as nearby highways, shopping centers,...

An annual percentage rate (APR) is the true cost of borrowing money. The APR reflects the interest rate plus any points, mortgage broker...

An alienation clause in a mortgage give the lender the right to request full and immediate payment of the principal plus any interest due...

An acceleration clause is a contingency in a mortgage that allows the lender to demand full and immediate repayment of the outstanding...

An abstract of title is a summary of the ownership history of a property compiled after extensive research. Would you like to learn more...

An appraisal is an estimate of the market value of a property. Would you like to learn more about Real Estate? Have you ever wanted to...

Adverse Possession is a legal doctrine that allows someone to claim ownership of property if they occupy it for a certain period of time...

Amenities are features of a property that add value or make it more enjoyable to live in, such as a pool, gym, or concierge service....

An acre is a unit of land measurement equal to 43,560 square feet. Would you like to learn more about Real Estate? Have you ever wanted...

A zero lot line (ZLL) property simply means that the structure of the home is built very close to, or directly on, the property...

Zoning, in urban planning, is a system where a municipality or government divides land into "zones," each with a set of regulations...

A vestibule is a small entrance hall or foyer leading into a larger building. Would you like to learn more about Real Estate? Have you...

A waiver is when a person voluntarily gives up of a right or claim. Would you like to learn more about Real Estate? Have you ever wanted...

A last will and testament, commonly referred to as a will, is a legal document specifying how someone's property and assets will be...