The Real Estate
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Interest
In real estate finance, Interest is the charge paid for the use of borrowed money, known as the principal. It represents the lender’s compensation for lending funds and assuming the risk of repayment. Interest is usually expressed as a percentage rate and may be...
Deepfake Real Estate
Digital Staging in Real Estate It's only bad agents who get sued for deceptive real estate photos, right? It's easy—if you're honest and never misrepresent anything in your listing photos, how could anyone sue you? You'll be thrilled to know that there...
Don’t Get Sued for Using AI in Real Estate
There's a new thing to get sued for, and it's really expensive: the use of AI property management software. Interestingly, the end users of this software have had to pay millions in fines and settlements from antitrust litigation, while the makers of the actual...
Instrument
In real estate law, an Instrument is a written legal document that formally expresses the rights, duties, or intentions of the parties involved. Instruments are used to create, modify, transfer, or terminate legal rights or interests. Common real estate instruments...
Institutional Lenders
In real estate finance, Institutional Lenders are organizations that provide loan funds rather than individuals. These lenders typically include banks, savings and loan associations, credit unions, insurance companies, pension funds, and mortgage companies....
Installment Sales Contract
In real estate, an Installment Sales Contract is an agreement in which the buyer agrees to purchase property by making periodic payments to the seller over time, rather than paying the full purchase price at closing. The buyer typically receives possession of the...
Installment Note
In real estate finance, an Installment Note is a promissory note that requires the borrower to repay a loan through a series of scheduled periodic payments. Each payment typically includes both principal and interest and continues until the loan balance is fully paid....
Injunction
In real estate and legal proceedings, an Injunction is a court order that directs a person or party to stop or refrain from performing a specific act. It is issued when the court determines that the action would be unfair, harmful, or unjust to the rights of another...
Indexing
In real estate finance, Indexing refers to adjusting a mortgage’s interest rate, payment amount, or loan terms based on changes in an established economic index. Common indexes include measures of inflation or published interest rate benchmarks. Indexing is most often...
Independent Contractor
In real estate and legal contexts, an Independent Contractor is a person who performs services for another while retaining control over how the work is completed. Unlike an employee, an independent contractor determines the methods and means used to achieve the final...