What are Prescriptive Easements? Some of us may have used a property we do not own. But what if there comes a time when we no longer have access to

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 United States’ vast land area made it difficult to figure out its borders as the country grew westward back in the days. There was a need to have a

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

60 Real Estate Terms To Help You Become A Better Communicator I’ll get straight to the point. Understanding the basics and real estate definitions is important to have in your

What is an Easement in Gross?   An easement in gross is the right to use another person’s land (legally) for as long as the holder of that easement is alive.  

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

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

What Is An Estate For Years An estate for years is just a type of leasehold estate.  Do not confuse this with any sort of physical ownership! An Estate For Years

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

Littoral Rights Vs Riparian Rights Do you own property that is close to a water body? Then you need to know about littoral rights. “Littoral rights are the rights given

What Is Fee Simple Defeasible Depending on what part of the country you are from, Fee Simple Defeasible is also called a qualified fee estate, conditional fee estate, or a

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

So you are studying for your real estate exam and need to know what a freehold estate is, huh? It’s one of the many real estate vocabulary words you will

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

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

Have you ever had a tough time deciding which property to invest your money on? Well, using the gross rent multiplier (GRM) might exactly be what you need. When you

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

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

What is an Appurtenance?   When studying for your real estate exam, you will need to know an appurtenance is a noun and means something that is a part of

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