LATEST STORIES

Lien Theory

In real estate law, Lien Theory is the legal concept followed in many states under which a mortgage is considered a lien against the property rather than a transfer of title. Under this theory, the borrower, known as the mortgagor, retains legal title and possession...

Holder in Due Course

In real estate and commercial law, a Holder in Due Course is a person who acquires a negotiable...

Holdback

In real estate finance, a Holdback is a portion of a loan that a lender withholds until specific...

Front Foot Cost

In real estate valuation, Front Foot Cost is a method of determining property value based on a price per linear foot of frontage along a street or roadway. The total value is calculated by multiplying the agreed upon value per front foot by the property’s total...

Front Footage

In real estate, Front Footage refers to the linear measurement of a property along the portion that fronts a street or major roadway. It is typically measured in feet and describes the width of the parcel at the street line. Front footage is commonly used in land...

Frontage

In real estate, Frontage refers to the portion of a parcel of land or an improvement that directly faces a street or roadway. It is often measured in linear feet and describes the width of the property along the street line. Frontage is an important factor in property...

Freehold Estate

In real estate law, a Freehold Estate is an ownership interest in property that has an indefinite or potentially unlimited duration. Unlike leasehold estates, a freehold estate is not measured by a fixed term of years. Common examples of freehold estates include fee...

Free and Clear

In real estate, Free and Clear refers to property that is owned without any outstanding liens or encumbrances, particularly voluntary liens such as mortgages or deeds of trust. The owner holds full title to the property without obligations to lenders or other...

Fraud

In real estate law, Fraud is the intentional use of deception or misrepresentation to induce another person to act to their detriment. It involves conduct such as false statements, concealment of material facts, or promises made without the intent to perform,...

Forfeiture

In real estate, Forfeiture refers to the loss of money or property rights due to a party’s failure to perform obligations under a contract or agreement. This most commonly occurs when a buyer or tenant fails to meet contractual terms, such as making required payments...

Fixtures

In real estate, Fixtures are items of personal property that have been attached to land or a building in such a way that they are legally considered part of the real property. Common examples include built in appliances, lighting, plumbing, and heating systems....

Foreclosure

In real estate law, Foreclosure is the legal process by which a lender enforces a lien against a property due to the borrower’s default on a loan. The purpose of foreclosure is to terminate the borrower’s rights, title, and interest in the property so that it may be...

Fixed Rate Loan

In real estate finance, a Fixed Rate Loan is a mortgage loan in which the interest rate remains constant for the entire term of the loan. Because the rate does not change, the borrower’s principal and interest payments stay the same throughout the life of the...

HUD

HOUSING & URBAN DEVELOPMENT

HUD

(Department of Housing and Urban Development)

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