An assumable mortgage is a type of home loan that allows the buyer to take over the existing mortgage terms from the seller. This means...

An assignment of a lease is a legal process where a tenant transfers all their rights and obligations under a lease to another party,...

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A tax assessment is the process of determining the value of a property for tax purposes. This value, known as the assessed value, is used...

Real estate appreciation  refers to the increase in a property's value over time. It's one of the key reasons why owning real estate is...

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A real estate appraisal is a professional assessment of a property's value. It's a crucial part of many real estate transactions,...

In real estate, amortization refers to the gradual repayment of a loan over a specified period. Borrowers make regular payments that...

In real estate, amenities are features or services that add value to a property, making it more desirable to potential buyers or tenants....

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An addendum in real estate is a document that modifies or supplements the terms of a real estate contract. It's used to add, clarify, or...

An adjustable-rate mortgage (ARM) is a type of home loan where the interest rate changes periodically throughout the life of the...

Absorption rate in real estate is a metric that measures how quickly homes are being sold in a specific market over a given period. It's...

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A warranty deed is a legal document used in real estate transactions that guarantees the property is free from claims or liens. It...

Zoning is a set of rules and regulations that govern how land can be used in different areas of a city or town. These rules are put in...

A writ of execution in real estate is a court order that allows the forced sale of a property to satisfy a debt. This typically occurs...

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A wrap-around mortgage is a unique type of seller financing where the seller maintains their existing mortgage on the property and then...