Homeowner Education

The latest news, tips, and tricks for homeowners

Reliction

Reliction Reliction Definition In Real Estate And Property Law Reliction is a property law concept that describes the gradual and permanent exposure of land caused

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Reconveyance

Reconveyance Reconveyance Definition In Real Estate Transactions Reconveyance is the legal process by which a lender releases its interest in real property after a secured

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Quit Claim Deed

Quit Claim Deed Quit Claim Deed Definition In Real Estate Ownership A Quit Claim Deed is a legal document used to transfer whatever ownership interest

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Purchase-Money Mortgage

Purchase-Money Mortgage Purchase-Money Mortgage Definition In Residential Real Estate A Purchase-Money Mortgage is a financing arrangement used specifically to acquire real property, where the loan

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Proprietary Lease

Proprietary Lease Proprietary Lease Definition In Residential Real Estate A Proprietary Lease is a legal agreement that grants a residential occupant the right to live

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Property Report

Property Report Property Report Definition In Residential Real Estate A Property Report is a compiled document that summarizes key information about a specific parcel of

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Proof of Claim

Proof of Claim Proof of Claim Definition In Real Estate And Bankruptcy Context Proof of Claim is a formal written statement filed by a creditor

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Promissory Note

Promissory Note Promissory Note Definition In Residential Real Estate A Promissory Note is a written legal instrument in which a borrower formally promises to repay

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Prescriptive Easement

Prescriptive Easement Prescriptive Easement Definition In Residential Real Estate A Prescriptive Easement is a legal right to use a portion of another person’s real property

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