What is a condominium storage tax? Is it just another fun way to pay more taxes? The answer is: kind of! Condominiums often have storage units, and these units may be legally part of the condominium itself, not a separate property that can be bought or sold...
It doesn’t feel reassuring to see a real estate listing advertising a 1.5 bath condo, and then see in the property details that there are “1.1 bathrooms.” This is frequently confusing for buyers, and is something real estate agents have to clarify...
Imagine a world in which an accepted offer on a property is not legally binding, and either the seller or buyer can pull out of the accepted offer just for fun. This world is not so imaginary if you’re in England or Wales, where an accepted offer on a home is...
A vampire property is a residential property that has gone through foreclosure or has been abandoned by its owner, but is still occupied by former owners, tenants, or other individuals who remain in the home. This puts the property in a sort of “undead”...
“RP Residential” is a property type designation in Portland, Oregon (and in some other jurisdictions) that stands for “Real Property, Residential.” This means that the property is currently used as a residence, and not for commercial or...