Installment Contract

An installment contract is a purchase agreement in which the buyer agrees to make a series of payments on specified dates in exchange for goods

Inheritance

An inheritance comprises assets received from the estate of a person who has died. It can also refer to sum total of property a person

Inheritance Tax

An inheritance tax is a state tax that people pay when they receive money or property from the estate of a person who has died.

Income Property

Income property is property that the owner rents to others. Rather than occupying the property, the owner uses the property to produce income.

Impact Fees

Local governments often charge impact fees to help fund infrastructure improvements. They typically collect these fees from developers, because new construction requires the expansion and

HUD-1 Statement

The HUD-1 statement is a settlement form used to itemize and reconcile all the charges paid by the buyer and seller in purchasing real estate.

Housing Discrimination

Housing discrimination is the illegal practice of discriminating against buyers or renters of dwellings based on race, color, religion, national origin, sex, family status or

Home Warranty

If you recently bought a home, chances are you were offered a home warranty. A home warranty is a service contract, not an insurance policy.

Homeowner Insurance Declarations Page

A homeowner declarations page lists insurance coverages, limits and deductibles. This includes coverages for the dwelling, personal property, unattached structures, personal liability, medical expenses and

Home Ownership and Equity Protection Act

The Home Ownership and Equity Protection Act is a federal law that discourages banks and other financial institutions from predatory lending when they fund mortgages

Homeowner Education