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
Real Estate Term of the Day: Estate ESTATE – 1.) the degree, nature, and extent of interest that a person has in real property. 2.) all of the property, real or personal, that one owns and leaves at death (Barron’s Dictionary of Real Estate Terms)
Real Estate Term of the Day: Escrow, Escrow Account & Escrow Agent ESCROW – an agreement between two or more parties providing that certain instruments or property be placed with a third party for safe keeping, pending the fulfillment or performance of a specified act or condition (Barron’s Dictionary of Real Estate Terms) ESCROW ACCOUNT … More Real Estate Term of the Day: Escrow, Escrow Account & Escrow Agent
Real Estate Term of the Day: Equity EQUITY – the value that the owner has in real estate over and above the liens or ENCUMBRANCES against it (Barron’s Dictionary of Real Estate Terms) 4 easy ways to increase the equity in your home: Maintain your home. It is very important that you keep up on the … More Real Estate Term of the Day: Equity
LESLIE MONACO REAL ESTATE 