Steering in Real Estate Definition
Steering in real estate is illegal, and you may be guilty of it! We’re going to look at the history of steering and discrimination, why it is illegal and how you might be guilty of it without you knowing. More …
Dyana Branchen
Easement by Necessity Definition
What happens when a property owner subdivides his or her property and sells it to others, thus locking you out of your home or denying you access to the public street? Well, in short: trouble. But, luckily theirs a legal …
Prescriptive Easements Definition
A prescriptive easement is a right to use another person’s land for a particular purpose, acquired through qualifying use over the period required by state law. It does not transfer ownership of the land. What Creates a Prescriptive Easement? Common …
Easement in Gross Definition
An easement is a legally enforceable right to use someone else’s land for a set amount of time in real estate. There are three main sorts of easements in real estate law: appurtenant easements, personal easements in gross, and commercial …
How to Calculate Gross Rent Multiplier
Trying to figure out which rental property is the better investment can be pretty tricky, especially if you are new to real estate. Fortunately, you may use a few crucial financial measures to determine which income-producing property is superior to …
Blind Offer in Real Estate Definition
If you watch HGTV, notably the show Flip or Flop, you have likely heard the term “sight unseen” when they are putting in an offer on a house to flip. “Sight unseen” is interchangeable with the term blind offer, which …