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What is a Land Grant?
A land grant is a transfer of land from the government to an individual or organization. Want to learn more about Real Estate? Please...
professor566
Oct 30, 20231 min read


What are Land Use Regulations?
Land use regulations are public and private controls that govern the use of land. Would you like to learn more about Real Estate? Please...
professor566
Oct 30, 20231 min read


What is a Land Lease?
Land use regulations are public and private controls that govern the use of land. Would you like to learn more about Real Estate? Please...
professor566
Oct 30, 20231 min read


What is Land?
Land is defined as the surface of the earth stretching both downward to the center of the earth and upward infinitely into space,...
professor566
Oct 30, 20231 min read


What is Knob-and-Tube Wiring?
Knob-and-tube (K&T) wiring is an older type of electrical wiring that uses ceramic knobs and tubes to insulate the wires that was in...
professor566
Oct 30, 20231 min read


What is a Junior Mortgage?
A junior mortgage that is one that is second or lower in priority to another mortgage on the same property. Would you like to learn more...
professor566
Oct 27, 20231 min read


What is a Jalousie Window?
A Jalousie Window is a type of window that is made up of louvers that can be opened and closed to control ventilation and light....
professor566
Oct 27, 20231 min read


What is a Jumbo Mortgage?
A Jumbo Mortgage, also called a non-conforming mortgage, is a mortgage that is larger than the conforming loan limits set by Fannie Mae...
professor566
Oct 27, 20231 min read


What is a Judgment?
A judgment is a court order that requires a person to pay a debt or take a certain action. In regards to a property owner, a judgment can...
professor566
Oct 26, 20231 min read


What is Joint Tenancy?
Joint tenancy is a type of property ownership in which two or more people own the property jointly and have equal rights of possession...
professor566
Oct 24, 20231 min read


What is an Installment Contract?
An installment contract is a type of real estate contract that allows the buyer to purchase a property by making payments over time....
professor566
Oct 19, 20231 min read


What is an Investment Property?
An investment property is purchased or rented out for the purpose of generating income. This includes properties such as rental...
professor566
Oct 19, 20231 min read


What is an Independent Contractor?
An independent contractor is a real estate licensee who is supervised by a broker, but otherwise maintains control over their own...
professor566
Oct 19, 20231 min read


What is Implied Warranty of Habitability?
Implied warranty of habitability is the legal doctrine that states that landlords have a duty to provide their tenants with a habitable...
professor566
Oct 19, 20231 min read


What are Impact Fees?
Impact fees are fees charged by local governments to developers to help pay for the infrastructure costs associated with new development,...
professor566
Oct 18, 20231 min read


What is Interest?
Interest is the cost of borrowing money. Interest rates are typically expressed as a percentage of the loan amount. Interested in...
professor566
Oct 17, 20231 min read


What is a Home Warranty?
A home warranty is a contract that covers the repair or replacement of certain appliances and systems in a home for a certain period of...
professor566
Oct 13, 20231 min read


What is Homeowners' Insurance?
Homeowner's insurance is a type of insurance that covers damage to a homeowner's property and personal belongings. Would you like to...
professor566
Oct 13, 20231 min read


What is a Half Bath?
A half bath or powder room is a bathroom that contains a sink and a toilet, but no bathtub or shower. Would you like to learn more about...
professor566
Oct 13, 20231 min read


What is a Home Equity Loan?
A home equity loan is a type of mortgage that allows homeowners to borrow against the equity in their homes. Would you like to learn more...
professor566
Oct 12, 20231 min read
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