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  2. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.

  3. Mortgage liens: What they are and how they work - AOL

    www.aol.com/finance/mortgage-liens-170517279.html

    Voluntary property liens vs. involuntary property liens Voluntary property liens: These are created through a mortgage agreement, in which you allow the lender to use the property as collateral in ...

  4. Payment in lieu of taxes - Wikipedia

    en.wikipedia.org/wiki/Payment_in_lieu_of_taxes

    Payments in lieu of taxes for nonprofit organizations can be contractual arrangements between the organization and the municipality or simply an organization's voluntary gesture of goodwill. However, all local governments must provide municipal services such as sewer and water, roads and transit, schools, police, fire departments to these ...

  5. Evasion (law) - Wikipedia

    en.wikipedia.org/wiki/Evasion_(law)

    Download QR code; Print/export ... Evasion in law, is a ... the parties cannot agree to a voluntary agreement to evade obligations imposed by law or to prevent the ...

  6. Alienation (property law) - Wikipedia

    en.wikipedia.org/wiki/Alienation_(property_law)

    In property law, alienation is the voluntary act of an owner of some property to dispose of the property, while alienability, or being alienable, is the capacity for a piece of property or a property right to be sold or otherwise transferred from one party to another.

  7. Tax noncompliance - Wikipedia

    en.wikipedia.org/wiki/Tax_noncompliance

    In this instance, tax is legally due. Business One has engaged in tax evasion, which is criminal. Business Two (or an individual) consults with a tax advisor and discovers that the business can structure a sale as a "like-kind exchange" (formally known as a 1031 exchange, named after the Code section) for other real estate that the business can ...

  8. Estoppel certificate - Wikipedia

    en.wikipedia.org/wiki/Estoppel_certificate

    An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [1] It is used in a variety of countries for commercial and residential transactions.

  9. Obtaining property by deception - Wikipedia

    en.wikipedia.org/wiki/Obtaining_property_by...

    money and all property, real or personal, including things in action and other intangible property. But the limitations on what can be stolen in sections 4(2) to 4(4) do not apply to section 15. It is therefore possible to obtain land by a deception.

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