Owning land is important because it is a source of wealth. Land can be harvested and the materials grown on it sold for profit. Factories, warehouses, and buildings that will facilitate business can be built on land. Land can be leased in return for income. Land is also a tangible good ...
The big difference between a condo and an apartment is that you generally own a condo, while you rent an apartment. Apartment buildings are usually owned by a single owner (such as a property management company) and the buildings are used solely for rental purposes. However, condos that are ...
A three-bedroom house in a neighborhood of matching three-bedroom houses is relatively easy to appraise, but a Victorian home on a busy street surrounded by condos and apartment buildings will be more difficult to valuate. Home value estimates can also be found online for free w...
and moreover, it is also very common for the non-legal community to enter into these arrangements regularly with respect to everything from renting an apartment to purchasing insurance
out to the bank that manages your mortgage and ask if there are other options. The bank agrees to a deed in lieu and you begin the process of transferring ownership and the title to the bank. You no longer own the home. You get a new job and move to an apartment that you can ...
I was on the deed when my mother died and therefore the apartment became mine. However, this is an over 55 community, and I am only 47. A) Can the property revert back to me without having to do a full foreclosure? B) Generally would a condo association allow this type of transfer ...
What is The Difference Between a Condo and an Apartment? How do condos compare to apartments? It can be easy to confuse apartments with condos; many think the terms are interchangeable. However, there are differences, some of which are pretty important. ...
Case in point: If you want to rent a two-bedroom apartment in Dubai Hill Estate, the average rent value in 2023 is between AED 86,000 and AED 106,000 annually. However, if you are already living on rent in a two-bedroom apartment in Dubai Hill Estate and your rent is 40 percent lo...
aI had a lot of unforgettable experiences during my exchange year and I also had some suggestions and reminders to share. In terms of the accommodation, there are three types, Students\' residential hall in the campus, rental house and students\' apartment. The students\' apartment is the mo...
building, an apartment building, a house, or other real property. When there’s a structure on the property, a land contract may include both the land and the property on the land. Now that you know the answer to the burning question, “What is a land contract?” we’ll dig deeper,...