Contributor | Propertylogy - Part 52

All posts by Contributor

  • Idem Sonans

    The legal doctrine of Idem Sonans rules that the accuracy of spelling names in a deed is not absolutely necessary as long as it sounds...

    • Posted August 4, 2018
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  • Habendum Clause

    The habendum clause in a deed describes the interest and rights of the grantee, including any restrictions.

    When it is on a lease,...

    • Posted August 3, 2018
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  • Gain

    The gain from an investment is the profit on the sales proceeds of an asset.

    When we talk about gains, or sometimes referred to as capital...

    • Posted August 2, 2018
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  • Facade

    Facade describes a side of a building, usually the front, where it is most exposed to the street.

    Houses are usually constructed with very clear indication...

    • Posted August 1, 2018
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  • Early Occupancy

    When a deal is struck between a home buyer and seller to transact, and there is agreement between both parties for the buyer to take...

    • Posted July 31, 2018
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  • Formula – Debt Coverage Ratio

    The debt coverage ratio is usually used...

    • Posted July 30, 2018
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  • Equitable Title

    The term equitable title can be used in real estate to describe two types of situations.

    Firstly, it describes the interest held by a property buyer...

    • Posted July 29, 2018
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  • Cadastral

    A cadastral is a legal map, or survey, that records ownership of parcels of land showing value and boundaries within a certain...

    • Posted July 28, 2018
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  • Back End Ratio

    The back end ratio is a method used to measure a borrower’s ability to service debts with his current income.

    Also known as the debt-to-income ratio,...

    • Posted July 27, 2018
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  • AAA Tenant

    An AAA tenant, or a Triple A tenant, refers to a commercial tenant who has the most desirable credit rating.

    Because tenants who fall under this...

    • Posted July 26, 2018
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