LATEST STORIES

Leverage

In real estate investing, Leverage refers to the use of borrowed funds to acquire property, allowing an investor to control a large asset with a relatively small amount of their own cash. Financing magnifies the purchasing power of the investor. Leverage can increase...

Hazard Insurance

In real estate, Hazard Insurance is a type of property insurance that protects against losses...

Habendum Clause

In real estate law, a Habendum Clause is the portion of a deed that defines the nature and extent...

Fair Housing Law

In real estate, the Fair Housing Law refers to Title VIII of the Civil Rights Act, which prohibits discrimination in the sale, rental, or financing of residential property. The law makes it illegal to treat individuals differently based on protected characteristics...

Fair Credit Reporting Act

In real estate and lending, the Fair Credit Reporting Act is a federal law that regulates how consumer credit information is collected, used, and shared. It gives individuals the right to access their credit reports, know when their credit information has been used...

Executory Contract

In real estate, an Executory Contract is an agreement in which one or both parties still have obligations to perform. Although the contract has been formed and is legally binding, it has not yet been fully completed. Purchase agreements, leases prior to possession,...

Executor

In real estate and estate law, an Executor is a person named in a will to carry out the instructions of the deceased regarding the management and distribution of their estate. This includes handling real property, paying debts and taxes, and transferring title to...

Execute

In real estate and legal contexts, Execute means to complete or carry out an act or obligation. When referring to documents, to execute a deed or contract means to properly sign and complete it, and in the case of a deed, this also includes delivery so that it becomes...

Exculpatory Clause

In real estate leasing, an Exculpatory Clause is a provision in a lease that limits or relieves the property owner or landlord from liability for certain acts or omissions. These clauses are often used to protect the owner from claims related to injuries or damages...

Exclusive Right to Sell

In real estate, an Exclusive Right to Sell is a listing agreement in which the broker is guaranteed a commission if the property is sold during the term of the contract. This applies regardless of who actually finds the buyer, whether it is the broker, another agent,...

Exclusive Agency Listing

In real estate, an Exclusive Agency Listing is a listing agreement in which one broker is given the exclusive right to represent the seller, while the seller retains the right to sell the property independently. Under this arrangement, the broker is protected against...

Exchange

In real estate, an Exchange is the reciprocal transfer of real property between parties, rather than a traditional sale. This type of transaction is often structured to qualify for special tax treatment that allows the deferral of capital gains taxes. Commonly known...

Exceptions to Title

In real estate, Exceptions to Title are specific matters that affect ownership or use of a property but are not covered by a title insurance policy. These exceptions are listed in the title commitment or policy and may include items such as easements, restrictions,...

HUD

HOUSING & URBAN DEVELOPMENT

HUD

(Department of Housing and Urban Development)

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