by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate appraisal and construction, a quantity survey is a detailed and technical method used to estimate the cost of new construction. It involves calculating the exact quantities of materials required, such as lumber, drywall, brick, and concrete, along with...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate finance, a purchase money mortgage is a security instrument given by a buyer to a seller to secure payment of all or part of the property’s purchase price. Instead of obtaining financing from a third party lender, the buyer borrows directly from the...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate transactions, a purchase agreement is a contract between a buyer and a seller for the sale of real property. It sets forth the agreed upon price and the essential terms and conditions of the transaction. The purchase agreement typically includes...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate practice, puffing refers to statements of opinion or exaggeration that are intended to promote or enhance the perceived value of a property. These statements are not presented as representations of fact. Puffing is generally considered permissible...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate law, public records are official records maintained by government agencies that provide information relating to land and property interests. By law, these records impart constructive notice of matters affecting title or use of real property. Public...
