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A fixture, [1] as a legal concept, means any physical property that is permanently attached (fixed) to real property (usually land). Property not affixed to real property is considered chattel property. Fixtures are treated as a part of real property, particularly in the case of a security interest. A classic example of a fixture is a building ...
A double closing is the simultaneous purchase and sale of a real estate property involving three parties: the original seller, an investor (middleman), and the final buyer. The underlying reasons for having a double closing vary. The most pressing and usual reason is to allow the middleman to use the purchasers funds to acquire the property ...
A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental ...
Freed by the Supreme Court from the legal restrictions, it became possible for non-whites to buy homes that had previously been reserved for white residents. Generally, "blockbusting" denotes the real estate and building development business practices which both profit and are fueled by anti-black racism.
The slimy substance that builds up on sink drains, bowl edges, and faucet bases is far from harmless gunk. It’s a fine layer of bacteria called biofilm, which can pose a public health risk.
Investing in real estate can be both profitable and enjoyable. Whether you are hand-picking your primary residence or investing in a speculative or rental property, a lot of money can be made by ...
A common use of the term "air gap" in domestic plumbing refers to a specialized fixture that provides backflow prevention for an installed dishwasher. This "air gap" is visible above the sink as a small cylindrical fixture mounted near the faucet. In the base cabinet under the sink, the drain hose from the dishwasher feeds the "top" of the air ...
Closing is a sales term which refers to the process of making a sale. The sales sense springs from real estate, where closing is the final step of a transaction. In sales, it is used more generally to mean achievement of the desired outcome, which may be an exchange of money or acquiring a signature.
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