Realty Executives, The Executive Team, Inc.
118 Lamar Blvd #10, Hattiesburg, MS 39402, USA
8J94+FJ Hattiesburg, Mississippi, USA
PRE-SALE - A pre-building sale program by a condominium developer who is required to promote a particular proportion of units prior to a lender will commit to finance design of your venture.
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RETALIATORY EVICTION - An act whereby a landlord evicts the tenant in response to some complaint produced by the tenant.
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Foundation - The economical interest which IRS attributes to the owner of the asset for applications of deciding yearly depreciation and achieve or loss on sale of the asset.
CONSIDERATION - An act or forbearance, or the guarantee thereof, which can be made available from just one social gathering to induce An additional to enter into a agreement; that which can be supplied in Trade for something check here from another.
Hire - Fixed periodic payment made by a tenant or occupant of home to your owner with the possession and use thereof, generally by prior arrangement in the get-togethers.
UPSET PRICE - A minimal price tag set by a courtroom in the judicial foreclosure, beneath which the assets will not be marketed by a court docket appointed commissioner at general public auction; the least selling price which may be accepted with the property after the courtroom has had the residence appraised.
A ABANDONMENT - The voluntary surrender or relinquishment of possession of real assets Along with the intention of terminating just one's possession or curiosity, but without having vesting this curiosity in almost every other person.
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TAX LIEN - A general statutory lien imposed in opposition to real assets for failure to pay taxes. You can find here federal tax liens and state tax liens.
Subject matter TO MORTGAGE - A grantee using title to real house "matter to mortgage" is not really personally liable into the mortgagee for payment on the mortgage Observe.
Peaceful TITLE ACTION - A circuit court motion meant to determine or settle the title to a specific home, Specially where There's a More Info cloud around the title.
When contracted to sell a home, we can make recommendations to enhance the residence value and also to lessen the internet marketing time, regardless of whether it means sharing details Which may be unpleasant.