Daniel Kreps,Rolling Stone, 5 Feb. 2025Last year, Douglas Elliman’s Chris Leavitt sold Palm Beach’s only private island — the remarkable 10 Tarpon Isle — for $150 million, marking the highest-ever sale price for a Palm Beachestate.— ...
which is the proper and technical meaning of estate, is the degree, quantity, nature and extent of interest which one has in real property; as, an estate in fee, whether the same be a fee simple or fee tail; or an estate for life or for years, &c. Lord Coke says: Estate signifies...
Have you ever been in a conversation where people speak Real Estate terms and you found it difficult to understand? Did you try to shake away your head and smiled when faced with such an awkward situation and wished to know the meaning of terms found in your career. ...
If you say a word enough times, it starts to lose its meaning. And in real estate, where the right description can draw buyers to a home on the market, using the right terms is crucial. So when half the homes on the market are suddenly marketed as “luxury,” the definition of the...
Mortgaged Estatehas the meaning provided inthe recitalsto this Mortgage. Sample 1 Examples ofMortgaged Estatein a sentence Should theMortgaged Estate, or any part thereof or interest therein, be taken or damaged by reason of any public improvement, condemnation or eminent domain proceeding or in any...
Also known as ‘single family detached’, meaning the structure is a standalone home containing its own lot. The structure has no common area which attaches it to other residences such as condominiums, townhomes, and apartment complexes.
Real Estate Businessmeans homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance. Real Estate Leaseshas the meaning set forth in Section 2.1(d)(ii). ...
and fundretirement plans. If sufficient insurance proceeds are available and the policies are properly structured, any income tax on the deemeddispositions of assetsfollowing the death of an individual can be paid without resorting to the sale of assets. Proceeds from life insurance that are received...
The traditional definition of market value is the most likely price that customers will pay for appraised property in a competitive market under the conditions that are necessary for a fair sale. Some investment managers and property owners feel that market value may not represent 'real' value, ...
Also, it doesn't provide an immediate financial gain, meaning it can take many years to make a profit or get back the initial investment. Economic downturns can cause difficulty in finding tenants, particularly with commercial properties. If businesses are going out of business or losing money...