Contributor | Propertylogy - Part 39

All posts by Contributor

  • Strip Center (strip development)

    A strip center is a type of commercial development in which tenants (retailers) and stores are managed as a coherent entity.

    As these real estate developments...

    • Posted October 19, 2018
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  • Emblement

    Emblements are things on a property that are classified as personal property and ownership does not pass together with the land when a

  • Judgment In Rem

    A judgment in rem is a judgment from court against a property instead of against a person or entity.

    When such judgments are made, everyone who...

    • Posted October 17, 2018
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  • Local Improvement District

    A local improvement district is a legal mechanism that local property areas can trigger to band together and assess areas of improvements that can be...

    • Posted October 16, 2018
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  • As-Is Value

    The as-is value of a house refers to the estimated value of real property without guarantees to it’s current condition in a sale.

    This takes into...

    • Posted October 15, 2018
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  • Blackacre

    Blackacre is the name given to an example piece of land or property when discussing real estate concepts and law.

    In a way, it is like...

    • Posted October 13, 2018
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  • Arm’s Length Transaction

    An arm’s length transaction describes a real estate transaction that occurs between two unrelated parties.

    This implies that both buyer and seller are negotiating for a...

    • Posted October 12, 2018
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  • Insulation Disclosure

    The insulation disclosure is a FTC rule that requires sellers of new homes to make declarations or disclosures regarding the R-value, type, and thickness of...

    • Posted October 11, 2018
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  • Entry For Marriage In Speech

    An entry for marriage in speech is a writ or court order that requires a man to return land assets he received as part of...

    • Posted October 11, 2018
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  • Subagency

    Subagency refers to the relationship between a sales agent trying to sell a listing belonging to another agent.

    The listing broker will normally have the direct...

    • Posted October 11, 2018
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