Conveyance in real estate refers to the legal process of transferring property ownership from one party to another. This is a crucial aspect of the US real estate market, ensuring that property transactions are executed smoothly and without any legal disputes. Property ownership transfer involves a series of legal requirements that must be met to …
Real estate investment can be overwhelming at first, especially for beginners who are not familiar with industry jargon. One term that stands out among the acronyms used in real estate is ARV. In this section, we will explore the meaning of ARV and its implications in property investment in the United States. ARV stands for …
Off-market properties are a niche segment of the real estate market that have garnered significant attention in recent years. But what does off market mean in real estate, and why are these properties so sought after? Essentially, an off-market property is a property that is not publicly listed for sale on traditional platforms such as …
Encroachment is a term used in real estate to describe a situation where a property owner violates the boundaries of another property owner. It is a common issue that can arise during real estate transactions, and it can have significant legal implications. Encroachment can occur by a structure, physical object, or even overhanging tree branches …
Real estate transactions involve various legal concepts, and one of the most important of these is consideration. In simple terms, consideration in real estate refers to something of value that is exchanged between parties as part of a property transaction or contract. The concept of consideration is particularly significant in the context of legally binding …
In the dynamic world of real estate investment, understanding key concepts can make the difference between a successful or failed investment strategy. One such concept that every investor should be familiar with is Net Operating Income, or NOI. By understanding this critical investment concept, real estate investors can evaluate a property’s financial performance, determine its …
In the vast and complex world of real estate, subdivisions play a significant role. A subdivision refers to the division of a larger parcel of land into smaller lots or parcels. This process involves obtaining approvals, creating infrastructure, and establishing legal boundaries for each lot. As a result, subdivisions help to create new communities and …
In the United States, the real estate industry comprises various stakeholders, each with specific roles and responsibilities. One of these stakeholders is a principal, who holds the ultimate decision-making authority in a real estate transaction. A principal in real estate refers to an individual or entity responsible for overseeing the purchase, sale, lease, or development …
In the world of real estate investment, there are many terms and concepts that can be confusing for those unfamiliar with the industry. One such term is capping, which plays a crucial role in assessing the potential value of a property and making informed investment decisions. In this section, we will explore the meaning and …
In the world of real estate transactions, EMD stands for “earnest money deposit.” It is a crucial term that buyers and sellers must understand when entering into a real estate deal. EMD plays a significant role in reinforcing a buyer’s commitment and providing security to the seller. In this article, we will explore the definition …