Homeowner Education

The latest news, tips, and tricks for homeowners

Possession

Possession Possession Definition In Residential Real Estate Possession describes the lawful right to occupy and exercise physical control over residential real estate. In property law,

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Planned Development

Planned Development Definition In Residential Real Estate A Planned Development is a type of residential land use arrangement in which housing is created under a

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POA

POA Definition In Residential Real Estate A POA is a governing organization formed to manage, regulate, and maintain a residential community on behalf of its

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Personal Property Taxes

Personal Property Taxes Definition In Residential Real Estate Personal Property Taxes are taxes imposed by a taxing authority on movable property that is not permanently

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Personal Property

Personal Property Definition In Residential Real Estate Personal Property refers to items of property that are movable and not permanently attached to land or buildings.

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Open Listing

Open Listing Definition In Residential Real Estate An Open Listing is a type of real estate listing agreement that allows a property owner to offer

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Parcel Number

Parcel Number Definition In Residential Real Estate A Parcel Number is an identifying label assigned by a local government authority to a specific piece of

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Open House

Open House Definition In Residential Real Estate An Open House is a marketing event in which a residential property is made available for public viewing

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Notice of Rescission

Notice of Rescission Definition In Residential Real Estate A Notice of Rescission is a formal written statement that cancels or withdraws a previously issued legal

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Necessity Easement

Necessity Easement Definition In Residential Real Estate A Necessity Easement is a legal right that allows access across another property when a residential parcel would

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