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: Federal Tax Lien FEDERAL TAX LIEN – a debt attached against property for unpaid federal taxes; most often by the Internal Revenue Service (IRS) to attached property for payment of owner’s unpaid income taxes (Barron’s Dictionary of Real Estate Terms) The general rule of thumb is that tax liens … More Real Estate Term of the Day: Federal Tax Lien
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: Examination of Title EXAMINATION OF TITLE – research of the title to a piece of real estate (Barron’s Dictionary of Real Estate Terms) The researcher will identify through public records who is the owner of the property and if there are any recorded ENCUMBRANCES affecting the property. There are many different … More Real Estate Term of the Day: Examination of Title
LESLIE MONACO REAL ESTATE 