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In English common law, fee tail or entail, is a form of trust, established by deed or settlement, that restricts the sale or inheritance of an estate in real property and prevents that property from being sold, devised by will, or otherwise alienated by the tenant-in-possession, and instead causes it to pass automatically, by operation of law, to an heir determined by the settlement deed.
Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...
What does it mean to refinance a mortgage? Refinancing is a process of trading in your current mortgage to another lender for lower rates and better terms than your current loan.
Duration: The exclusive right to sell clause in the contract you establish with your real estate agent should have an expiration date, which might be anywhere from 30 days to six months or more ...
This is a list of abbreviations used in law and legal documents. It is common practice in legal documents to cite other publications by using standard abbreviations for the title of each source.
Pages in category "Real estate terminology" ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Rates for shorter 15-year terms average 6.03% for purchase and 6.05% for refinance, down 6 basis points from 6.09% for purchase and 9 basis points from 6.14% for refinance this time last week ...
Typically, a real estate investor first enters into a contract to purchase a property and then subsequently (before closing the purchase) enters into a contract to sell the property (hopefully for a higher price). The investor then utilizes a double closing to close both transactions at approximately the same time.