by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate and construction, a prefabricated house is a dwelling that is manufactured in whole or in part at a factory before being transported to the building site. Some components may be partially assembled prior to delivery, with final construction completed on...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate finance, a power of sale is a provision in a mortgage or deed of trust that authorizes the mortgagee or trustee to sell the property if the borrower defaults on the loan. This clause provides a contractual remedy for the lender without requiring court...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate and agency law, a power of attorney is a written legal instrument by which a principal grants authority to another person to act on the principal’s behalf. The authority granted may be broad or limited, depending on the terms of the document. The agent...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate and constitutional law, police power is the authority of the state to enact and enforce laws to protect the public’s health, safety, morals, and general welfare. This power forms the legal basis for many regulations affecting the use and ownership of...
by Ethan Atkinson | Feb 6, 2026 | P-T, PropertyPedia
In real estate finance, points are fees charged in connection with a loan and are calculated as a percentage of the loan amount. One point is equal to one percent of the total loan. Points are often paid at closing and may be used to increase a lender’s yield or to...
