Homeowner Education

The latest news, tips, and tricks for homeowners

HOA

A homeowners association (HOA) is an organization in a subdivision, planned community or condominium that makes and enforces rules for the properties and their residents.

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Grantor

A grantor refers to a person or institution that conveys ownership of a property. It is also an entity that creates a trust, also known

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Gift Tax

Gift taxes are imposed on money or property transferred from one person to another as a gift. For the purpose of this tax, a gift

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Gift Deed

This is used to convey the title on real property that is given for no consideration or for only a token consideration. In some states,

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Flood Plain

Located along the edge of rivers, streams and lakes, flood plains play an important role in the environment by holding water overflow, filtering pollutants, controlling

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Flood Map (FEMA)

Flood hazard mapping is an important part of the National Flood Insurance Program (NFIP), as it is the basis of the NFIP regulations and flood

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Flood Insurance

Flood insurance is a product that covers property loss caused by flooding. The most common way to get flood insurance is by going through the

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Flat Fee

A flat fee refers to a fixed charge that a client pays a broker instead of a percentage-based commission.

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