by Ethan Atkinson | Jul 27, 2026 | K-O, PropertyPedia
What is a one-time capital improvement contribution? Thanks for asking! This “contribution” is a fee that a buyer pays when purchasing a unit in a condominium, homeowners association (HOA), or planned community. This fee is not always part of a purchase...
by Ethan Atkinson | Jul 2, 2026 | K-O, PropertyPedia
A Kick-Out Clause is a provision in a real estate purchase contract that allows a seller to continue marketing a property even after accepting a contingent offer. It is most commonly used when the buyer’s purchase depends on selling their current home. If the...
by Ethan Atkinson | Jun 17, 2026 | K-O, PropertyPedia
Mello-Roos is a special tax assessment levied on property owners within designated community facilities districts (CFDs) in California. Established under the Mello-Roos Community Facilities Act of 1982, the tax was created to help local governments finance public...
by Ethan Atkinson | Jun 7, 2026 | K-O, PropertyPedia
A noise easement is a legal agreement that grants permission for noise generated by a nearby activity, facility, or transportation source to affect a property. In real estate, noise easements are most commonly associated with airports, highways, railroads, military...
by Ethan Atkinson | May 19, 2026 | K-O, PropertyPedia
A key lot is a parcel of land situated behind or adjacent to another lot in a manner that creates an irregular relationship between frontage, access, and orientation within a subdivision or urban block. The term is most commonly used in land planning and subdivision...
by Ethan Atkinson | May 17, 2026 | K-O, PropertyPedia
The fiduciary duty of loyalty is one of the highest legal obligations owed by a real estate agent to a client. Under this duty, the agent must place the client’s interests above the agent’s own interests and above the interests of any other party in the transaction....
