In real estate finance, an Interest-Extra Note is a promissory note that requires the borrower to make equal periodic payments toward principal, usually on a monthly basis, plus interest on the outstanding balance. Because the principal portion of each payment remains...
In real estate finance, Interest is the charge paid for the use of borrowed money, known as the principal. It represents the lender’s compensation for lending funds and assuming the risk of repayment. Interest is usually expressed as a percentage rate and may be...
Digital Staging in Real Estate It’s only bad agents who get sued for deceptive real estate photos, right? It’s easy—if you’re honest and never misrepresent anything in your listing photos, how could anyone sue you? You’ll be...
There’s a new thing to get sued for, and it’s really expensive: the use of AI property management software. Interestingly, the end users of this software have had to pay millions in fines and settlements from antitrust litigation, while the makers of the...
In real estate law, an Instrument is a written legal document that formally expresses the rights, duties, or intentions of the parties involved. Instruments are used to create, modify, transfer, or terminate legal rights or interests. Common real estate instruments...
