ARV (After-Repair Value)

After-repair value (ARV) is a real estate valuation concept used to estimate the market value of a property after planned renovations, repairs, or improvements have been completed. It is commonly applied in investment contexts, particularly with properties that are...

Cross-Collateral Loan

Cross-collateral loans are primarily used in commercial real estate, but are growing in popularity in residential real estate. Cross-collateral loans in residential real estate are a financing strategy that allows a homeowner to use more than one property as security...

Conveyancing

Conveyancing is the legal and administrative process of transferring ownership of real property from one party to another. It begins once a purchase agreement is signed and continues through to the final closing, involving tasks such as verifying the property’s title,...

Executory Contract

In real estate, an Executory Contract is an agreement in which one or both parties still have obligations to perform. Although the contract has been formed and is legally binding, it has not yet been fully completed. Purchase agreements, leases prior to possession,...

Executor

In real estate and estate law, an Executor is a person named in a will to carry out the instructions of the deceased regarding the management and distribution of their estate. This includes handling real property, paying debts and taxes, and transferring title to...

Execute

In real estate and legal contexts, Execute means to complete or carry out an act or obligation. When referring to documents, to execute a deed or contract means to properly sign and complete it, and in the case of a deed, this also includes delivery so that it becomes...