Master Deed
A document used by condominium developers to record the project;its division into condominium ownership;and the grant of common areas to the condominium owners. Also called
The latest news, tips, and tricks for homeowners
A document used by condominium developers to record the project;its division into condominium ownership;and the grant of common areas to the condominium owners. Also called
A lien is a claim made on a property in order to satisfy a debt. Liens are often applied to real estate, although an entity
A liability is what a person or organization owes money on. This includes the obligation to pay taxes, loans, mortgage payments, and invoices for goods
A lessee, also known as a tenant, is a person who rents land or personal property from the owner, or lessor.
A legal description is the geographical description of real estate that identifies its precise location, boundaries and any easements for the purpose of a legal
A leasehold estate refers to the exclusive right of a tenant to occupy a property for a period of time. Usually a written lease agreement
A lease is a contract in which one party, the lessor, gives the right of occupancy or use of property, such as a car, apartment
A judicial foreclosure refers to when the foreclosure goes through the court system, and there is a court order for the property to be sold
A judgment is a decision from a judge on a civil action or lawsuit. Usually a person is required to pay an amount of money
A judgment lien can be placed on a property when a homeowner is sued, losses, and cannot pay. Judgment liens cover an array of circumstances
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