by Ethan Atkinson | Jan 21, 2026 | A-E, PropertyPedia, Real Estate
A building code is a comprehensive body of laws and regulations that governs the construction, alteration, use, occupancy, and repair of buildings to ensure public health, safety, and welfare. These codes establish minimum standards for structural integrity, fire...
by Ethan Atkinson | Jan 21, 2026 | A-E, PropertyPedia, Real Estate
Brokerage is the act of bringing together principals (buyer-seller, landlord-tenant, etc.) for a fee. A brokerage can also involve principals in non-real estate contexts, like bringing together the buyer and seller of stocks, for example. In real estate, brokerage...
by Ethan Atkinson | Jan 21, 2026 | A-E, PropertyPedia, Real Estate
In real estate transactions, a bridge loan is a short-term financing option designed to provide temporary funds while a borrower transitions from one property or financial arrangement to another. It is commonly used when a buyer needs to purchase a new property before...
by Ethan Atkinson | Jan 20, 2026 | A-E, PropertyPedia, Real Estate
The breaking of a contractual obligation or duty, either by omission or commission. Breaching a contract is essentially doing something that goes against the contractual agreement, or not doing something that is must be done per the contract.
by Ethan Atkinson | Jan 20, 2026 | A-E, PropertyPedia
In a tax-deferred exchange (also called a 1031 exchange), boot is anything the investor receives that is not “like-kind” real estate. Boot is important because it is the part of the exchange that becomes taxable, even though the rest of the exchange may be...
by Ethan Atkinson | Jan 20, 2026 | A-E, PropertyPedia, Real Estate
Blockbusting is a practice in which unscrupulous real estate investors induce panic-selling of homes at prices below market value. Blockbusting was usually done by telling homeowners that their properties are going to decline in value significantly and suddenly due to...
