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
Real Estate Vocabulary
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
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
Studying for a real estate exam or perhaps you are interested in investing in real estate? One of the first things you have to know as a real estate investor
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
4 Ways To Avoid Puffing Real-estate Agents Offering You Bad Deals As a real-estate buyer, have you ever had a real estate agent go on and on about 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
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
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
Ahhhh! 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
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.
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
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
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
What is a Bilateral Contract? Contracts are an integral part of everyday life! Many times, people don’t even know they are participating in a contract. A bilateral contract is
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
A lot of factors can cause a drop in an asset or property’s value. One might encounter economic obsolescence in financial report adjustments or use it in bankruptcy filing.
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