Real Estate Term of the Day: Fee Simple

Real Estate Term of the Day: Fee Simple FEE SIMPLE – absolute ownership of real property; owner is entitled to the entire property with unconditional power of disposition during the owner’s life, and upon his death the property descends to the owner’s designated heirs (Barron’s Dictionary of Real Estate Terms) Ownership in the State of … More Real Estate Term of the Day: Fee Simple

Real Estate Term of the Day: Facade & Facade Easement

Real Estate Term of the Day: Facade & Facade Easement FACADE – the outside front wall of a building (Barron’s Dictionary of Real Estate Terms) FACADE EASEMENT – an arrangement in a historic preservation program whereby the owner agrees to retain the original facade of a building in exchange for the right to alter other … More Real Estate Term of the Day: Facade & Facade Easement

Real Estate Term of The Day: Recap of the “E” Terms

EARNEST MONEY EASEMENT EIFS EMINENT DOMAIN ENCROACHMENT ENCUMBRANCE ENERGY EFFICIENT ENVIRONMENTAL PROTECTION AGENCY (aka: EPA) EQUAL CREDIT OPPORTUNITY ACT EQUITY ESCAPE CLAUSE ESCROW ESCROW ACCOUNT ESCROW AGENT ESTATE EVALUATION EVIDENCE OF TITLE EXAMINATION OF TITLE EXCLUSIVE RIGHT-TO-SELL LISTING EXECUTE EXECUTED CONTRACT EXPOSURE (MARKET) EXTENSION Copyright 2012 – Created by Tagxedo.com

Real Estate Term of the Day: Evidence of Title

Real Estate Term of the Day: Evidence of Title EVIDENCE OF TITLE – legal documents, such as a DEED that demonstrate ownership (Barron’s Dictionary of Real Estate Terms) Any legal document that demonstrates ownership of the property will be recorded with the county in which the property is located.  Once the deed is recorded the original will … More Real Estate Term of the Day: Evidence of Title