The real estate sales agent and/or his or her client’s reaction to a listing or property. Requested by the listing agent.
A document that treats facsimile transmission as the same legal effect as the original document.
The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the landlord knows it is a drug-dealing site but fails to stop the illegal activity. Likewise, a homeowner may lose his house to satisfy IRS debts […]
Flood plains are by definition subject to periodic flooding. They are generally characterized by relatively flat topography and soil types that were laid down during past inundations by flood waters. If your property is in the 100-year flood plain, there is a 1-in-100 chance in any given year that your property will flood. If it […]
A special and separate type of homeowner’s insurance the provides coverage for damages resulting from flooding. Flood insurance is required by most lenders only if the property is located within a designated flood plain. The cost of the policy is related to the associated flooding risk. If a property has a small section of land […]
(1) Created by Congress in 1938 to bolster the housing industry during the Depression, Fannie Mae was originally part of the Federal Housing Administration (FHA) and authorized to buy only FHA-insured loans to replenish lenders’ supply of money. In 1968, Fannie Mae became a private company operating with private capital on a self-sustaining basis. Its […]
It is an act to regulate the payments for foreign corporation to hold or transfer any kind of immovable property in India.
Flexi-plan gives buyer the flexibility to pay the price of a property over a time period but the payments are time linked rather than construction linked.
A building providing its occupants the flexibility of utilizing the space. Usually flex space provides a configuration allowing a flexible amount of office or showroom space in combination with manufacturing, laboratory etc.
The maximum amount of construction allowed on a given plot of land. It is calculated as the ratio of a building’s total area to the piece of land upon which it is built.