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The process of remortgaging does not usually involve moving house or taking out a second mortgage on the property; it is in effect the transfer of a mortgage from one lender to another. [2] Homeowners may choose to remortgage for various reasons, usually to reduce the overall monthly mortgage payment amounts.
A unit of real estate or immovable property is limited by a legal boundary (sometimes also referred to as a property line, lot line or bounds). The boundary (in Latin: limes ) may appear as a discontinuation in the terrain: a ditch, a bank, a hedge, a wall, or similar, but essentially, a legal boundary is a conceptual entity, a social construct ...
As automobile ownership became common, setbacks increased further because zoning laws required developers to leave large spaces between the house and street. Recently, in some areas of the United States, setback requirements have been lowered so as to permit new homes and other structures to be closer to the street, one facet of the low impact ...
Home equity line of credit. Cash-out refinance. Loan proceeds. Lump sum payment. Revolving line of credit. Replaces existing mortgage with new, larger mortgage. Interest rate type. Fixed interest rate
The Land Registry has been dealing with the registration of all transactions (purchase, sale, mortgage, remortgage and other burdens) concerning registered land since 1892, and issued land certificates which are a state guarantee of the registered owner's good title up to 1 January 2007. Land Certificates have been abolished by virtue of ...
After an evaluation of the land, he says he agreed to sell his home to the state’s department of transportation at fair market value. “They did tell me that land will never be sold. It will ...
In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).
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related to: how to remortgage property lines in one house to start a land rover