by Ethan Atkinson | Sep 22, 2026 | A-E, PropertyPedia
A cramdown in a mortgage-related bankruptcy proceeding sounds terrible, but it actually helps the borrower in most situations. In the mortgage loan business, a cramdown generally refers to a bankruptcy court reducing the amount of a secured debt that is treated as...
by Ethan Atkinson | Sep 3, 2026 | A-E, PropertyPedia
Excess condemnation sounds like a bad thing, but it’s actually meant to benefit homeowners whose land is condemned. Excess condemnation occurs when a government or other public authority takes more private property through eminent domain than is strictly...
by Ethan Atkinson | Sep 3, 2026 | A-E, PropertyPedia
A bullet loan may sound a bit violent, but don’t worry, there’s no need to call emergency services (unless you count your stock broker as an emergency contact). A bullet loan is a type of loan in which the borrower makes relatively small payments,...
by Ethan Atkinson | Aug 3, 2026 | A-E, PropertyPedia
Allodial title is a form of land ownership in which the owner holds property independently, without owing rent, service, or other obligations to a superior landlord. This is a type of land ownership almost no one will ever experience. Allodial title is very rare for...
by Ethan Atkinson | Jul 27, 2026 | A-E, PropertyPedia
What is a condominium conversion? Does this mean you can convert a condominium into whatever you want? It sure doesn’t! Condominium conversion refers to the process of changing an existing building, such as an apartment complex, hotel, or other multi-unit...
by Ethan Atkinson | Jul 27, 2026 | A-E, PropertyPedia
What is “Condominium parking tandem” in a real estate listing? Is this some kind of tandem bicycle parking? Nope! This refers to a parking arrangement in which two or more vehicles are parked one behind the other in the same parking space or parking area....
