by Ethan Atkinson | May 19, 2026 | P-T, PropertyPedia
A right-of-way property is a parcel of land, corridor, or legally designated access route that grants one party the right to travel across or utilize land owned by another for transportation, utility, or access purposes. Commonly associated with highways, railroads,...
by Ethan Atkinson | May 18, 2026 | P-T, PropertyPedia
Probate is the legal process through which a deceased person’s estate is administered and distributed under the supervision of a court. The process is used to validate a will, identify and inventory the decedent’s assets, pay outstanding debts and taxes, and transfer...
by Ethan Atkinson | May 15, 2026 | P-T, PropertyPedia
Statutory redemption is a legal right provided under the laws of certain states that allows a borrower whose property has been foreclosed upon to reclaim the property by paying the required amount within a specified period after the foreclosure sale. The redemption...
by Ethan Atkinson | May 15, 2026 | P-T, PropertyPedia
The TILA-RESPA Integrated Disclosure (“TRID”) rule is a federal mortgage disclosure regulation that combines certain disclosure requirements under the Truth in Lending Act (“TILA”) and the Real Estate Settlement Procedures Act (“RESPA”). Implemented by the Consumer...
by Ethan Atkinson | May 15, 2026 | P-T, PropertyPedia
A “Qualified Mortgage” (“QM”) is a category of mortgage loan defined under federal law and Regulation Z that is intended to ensure borrowers receive loans they have a reasonable ability to repay. Established under the Dodd-Frank Wall Street Reform and Consumer...
by Ethan Atkinson | May 15, 2026 | P-T, PropertyPedia
The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (“SAFE Act”) is a federal law enacted to establish minimum licensing and registration standards for Mortgage Loan Originators (“MLOs”) throughout the United States. The law was designed to enhance...
