by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, Erosion refers to the gradual wearing away or loss of land caused by natural forces such as water, wind, or glacial ice. This process can occur along coastlines, riverbanks, lakeshores, or open land exposed to the elements. Erosion can reduce the size,...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate law, Equity of Redemption is the right of a borrower to reclaim property that is in foreclosure by paying the full amount owed, including principal, interest, and allowable costs. This right exists during the foreclosure process and, in some...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate finance, an Equity Loan is a loan that is secured by the borrower’s equity in a property. The amount that can be borrowed is based on the difference between the property’s current market value and the outstanding balances of any existing loans secured...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, Equity is the value of an owner’s financial interest in a property, calculated as the property’s current market value minus the total of all outstanding loan balances secured by the property. It represents the portion of the property that the owner...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, Equitable Ownership refers to the rights of a person who has a beneficial interest in a property but does not yet hold legal title. This commonly occurs when a buyer, such as a vendee under a land sales contract, has the right to obtain legal title...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate and lending, Equal Credit Opportunity refers to the protections established by the federal Equal Credit Opportunity Act, which prohibits lenders from discriminating against credit applicants based on certain personal characteristics. These include sex,...