Contributor | Propertylogy - Part 50

All posts by Contributor

  • Reentry

    Reentry in real estate refers to the owner’s right of entry and retake possession of the property when there is a breach of contract.

    It can...

    • Posted August 20, 2018
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  • Formula – Compounding Interest

    Compounding interest basically means that interest is charged on interest on top of the principal.

    One of the biggest secrets of savings and investing is compounding.

    Before...

    • Posted August 19, 2018
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  • Notary Public

    A notary public is a public officer authorized by the law to serve the public in taking oaths and witnessing signatures on documents.

    The matters that...

    • Posted August 19, 2018
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  • Simple Interest

    P x In = I

    Where:

    P = Principal

    In...

    • Posted August 18, 2018
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  • Decedent

    A decedent is a legal term used to refer to one who has died.

    The word is most often used when describing the estate of a...

    • Posted August 18, 2018
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  • Formula – Breakeven Ratio

    (E+M) / I = BR

    Where

    BR = Breakeven...

    • Posted August 17, 2018
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  • Package Mortgage

    A package mortgage is a mortgage that don’t just finance the purchase of a property, but also finance the purchase of personal property as well.

    Meaning...

    • Posted August 17, 2018
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  • 5 Best Immersion Circulators

    Sous Vide refers to a method of cooking whereby food is put in heat resistant plastic pouches and cooked with hot water or with steam.

    This...

    • Posted August 16, 2018
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  • Obsolescence

    Obsolescence refers to the loss in value of property improvements due to internal or external factors that makes those improvements no longer useful.

    The meaning of...

    • Posted August 15, 2018
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  • Naked Title

    A naked title refers to a legal title to a property with none of the usual rights and privileges associated with ownership.

    Also referred to as...

    • Posted August 14, 2018
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