Contributor | Propertylogy - Part 14

All posts by Contributor

  • Compaction

    Compaction refers to the process taken by builders to compress soil for filling up lower lying areas in a parcel of land so as to...

    • Posted July 16, 2019
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  • Automatic Stay

    An automatic stay is a bankruptcy rule which demands that all creditors cease actions to collect their debt from the debtor in question.

    This breathing space...

    • Posted July 14, 2019
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  • Commission Split

    A commission split describes the sharing arrangement of commissions earned between the listing agent and the selling agent.

    The split is often described...

    • Posted July 13, 2019
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  • Sweetheart Contract

    A sweetheart contract is a street term to describe agreements made between two parties that don’t conform to market prices, which would ultimately be paid...

    • Posted July 12, 2019
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  • Nondisturbance Clause

    A nondisturbance clause is a term found in a mortgage contract in which the lender agrees to allow an existing lease to continue without interruption...

    • Posted July 11, 2019
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  • Office Park

    An office park is a type of real estate development project specifically designed to attract office tenants.

    They are often planned to incorporate warehousing facilities so...

    • Posted July 10, 2019
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  • Annual Cap

    The annual cap is a term contained in a mortgage loan contract in which even though the lender reserves the discretion to increase interest rates,...

    • Posted July 9, 2019
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  • Bailment

    Bailment refers to the unique legal relationship created when a bailer give control over personal property to a bailee, with the express or implied agreement...

    • Posted July 8, 2019
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  • Deraign

    Deraign refers to activities meant to prove the ownership of land.

    The work involve can include tracing the history of the chain of title.

    These activities are...

    • Posted July 7, 2019
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  • Proprietary Lease

    A proprietary lease is a written lease for a cooperative apartment whereby residents buys a share of the ownership and then given the right to...

    • Posted July 6, 2019
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