Bilateral Contracts vs Unilateral Contracts Image

Bilateral Contracts vs Unilateral Contracts

Contracts are used personally and professionally. The two types of contracts are unilateral and bilateral. The difference between the two is in the number of parties involved. In a unilateral contract, only one party makes a promise, while in a …

Read More

escrow image

Escrow Definition

Often you will hear real estate agents say a home is “in escrow.” What does that mean? Is escrow a place? Is escrow even needed? Today we are going to find out all the answers! Escrow is a term used …

Read More

Appurtenant image

Appurtenant Definition

Appurtenance? Appurtenant? What does it all mean? For starters, appurtenant is a legal term to describe an object attached to something. Appurtenance is an item itself once it becomes part of the property. These two terms come into play in …

Read More

Real Estate License Wizard