professor566Feb 211 minWhat is Escheat?Escheat, in general, refers to the reversion of property to the government when there is no clear owner. This can happen in various...
professor566Feb 201 minWhat is Eminent Domain?Eminent domain is the power of the government to take private property for public use, with just compensation - fair market value -...
professor566Feb 181 minWhat is an EstateThe term "estate" in real estate can have two different meanings, depending on the context: "Estate" can refer to the entire physical...
professor566Feb 171 minWhat is Escrow?In some areas a real estate transaction includes the use of a closing or settlement company. Escrow refers to a legal arrangement where a...