by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and measurement, a square foot is a unit of area equal to a space one foot long by one foot wide. It is commonly used to measure the size of rooms, buildings, and land improvements. There are nine square feet in one square yard. Square footage is a...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate law, a special warranty deed is a deed in which the grantor warrants title only against defects or claims that arose during the grantor’s period of ownership. It does not provide protection against defects that existed before the grantor acquired the...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate and contract law, specific performance is a legal remedy that compels a party to perform the exact terms of a contract rather than paying monetary damages. It is used when money alone is not sufficient to compensate for a breach. Because real property...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate law, a special assessment is a charge imposed by a public authority against real property to pay for public improvements that directly benefit the property. These improvements may include streets, sidewalks, sewers, or other infrastructure projects. A...
by Ethan Atkinson | Feb 10, 2026 | P-T, PropertyPedia
In real estate finance, simple interest is interest that is calculated solely on the principal amount of a loan. It does not take into account previously accrued interest. Simple interest is commonly used in many loan calculations and is distinguished from compound...