Various economic concepts are employed in an estate. One of which happens to be the principle of contributory value in real estate. You might have heard of marginal contribution as

Dual Agency In layman’s terms, a duel agent (or dual agency) is someone who is representing the buyer and the seller at the same time. Because dual agency is legal

What does contingent mean in real estate? Homeownership offers personal and financial perks. Yet, the plunge into a real estate transaction requires considerable care. Once accepted by a seller, your

What is an Attorney in Fact In real estate and other endeavors, individuals or entities often need people to act on their behalf. Agents bring the time, experiences, resources and

What Do Ingress and Egress Mean In Real Estate? Studying for your real estate exam or just curious about ingress and egress? Regardless, we can help! Ingress and egress are

No matter if you are just educating yourself or studying for your real estate exam, understanding the subordination clause is important. Once a home undergoes foreclosure, it’s possible that mortgage

Taking the real estate exam isn’t an easy task. Luckily for you, there are a few techniques to help remember the limitations to simple absolute ownership as well as how

Have you ever noticed that some states involve “deeds” while others have “mortgages”? There’s a difference between the two real estate terms and when they apply. In the U.S., each

There are many times when legal disputes fall into the territory of who has the rights to what. This is especially true when it comes to real property or real

A valid contract is an agreement between two or more parties in which one party offers something of value to the people of another party. Basically, all parties must agree

What Are The Main Types of Easements? The legal right to use another person’s property (also known as a right of way) for a certain purpose refers to an easement. Some people

An easement is an agreement that gives a person the right to use or enter another person’s land property. For example, you have the right to use the public park,

The income capitalization approach is one of the three real estate valuation methods, the other two approaches being the cost approach and the sales comparison approach. You will need to

Are you an aspiring real estate agent studying for your real estate exam? I can assure you that understanding the sales comparison approach (market data approach) will be on your

If you stumbled up on this page, chances are you are studying for some sort of real estate exam and looking to improve your real estate vocabulary. Let me introduce

In the world of real estate, a leasehold estate pertains to the agreement between a landlord (the owner of the property, or lessor) and a tenant (the one who occupies

Whenever you buy land for your house, you need to note the different physical characteristics of land because they affect the price of the land you intend to buy. In

As a landowner, you need to be aware of your rights and benefits. You need to understand what the law states about what you’re entitled to when you buy a

Easement By Necessity An easement is a legal means of trespassing on another’s land. These access permissions are passed on from one landowner to another. There are various types of

As a real-estate buyer, have you ever had a real estate agent go on and on about the positives of a property they are showing you? Throwing words like ‘the