LATEST STORIES

Landlord

In real estate, a Landlord is the owner of real property that is leased to another party. The landlord grants the right of possession and use of the property to a tenant in exchange for rent. The landlord is also known as the lessor under a lease agreement and is...

Fraud

In real estate law, Fraud is the intentional use of deception or misrepresentation to induce...

Forfeiture

In real estate, Forfeiture refers to the loss of money or property rights due to a party’s failure...

Access Right

The right of an owner to have ingress and egress to and from owner's property over adjoining land. This is usually in the form of an easement. For example, one property may have an access right over another property, meaning that the owner of one property has the...

Acceptance of an Offer

Voluntary agreement to the price and terms of an offer, which creates a contract. For example, upon communication of the seller's acceptance of the offer back to the buyer, a real estate sale agreement becomes a legally enforceable contract. The offer is not a...

Airspace Condominium Ownership

Most condominium ownership is structured around the concept of airspace. This means that the building, walls, and common areas are owned communally by all owners through the homeowners association (HOA). Thus, the individual condominium owner only controls the...

HUD

HOUSING & URBAN DEVELOPMENT

HUD

(Department of Housing and Urban Development)

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