| Real Estate Negotiations |
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| Parties often use negotiation as a technique by which to come to an understanding. The parties may or may not be represented by real estate agents or attorneys. More... |
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| Tangible and Intangible Property |
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| Property is an external thing that can be owned or possessed. Property can be divided into two categories: tangible and intangible. The word tangible refers to something that has a definable physical form that can be felt or touched. The word intangible refers to something that cannot be perceived by the senses.
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| Homeowners' Associations |
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| As the name suggests, a homeowners' association is a group of homeowners. Homeowners' associations function within condominiums, co-operatives, and planned neighborhoods. More... |
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| Land Trusts |
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| A land trust is a device by which land is conveyed to a trustee for the benefit of another. A settlor is the owner of the property that is placed into the trust. A land trust is created when settlor expresses his or her intent to create a trust through a written instrument. The instrument must name the trustee and identify the trustee's powers, the beneficiaries, and any remaindermen. The settlor may be the trustee and, in most cases, the beneficiary of the land trust. More... |
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| Wrap-Around Mortgages |
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| A wrap-around mortgage refers to a type of loan transaction. With a wrap-around mortgage, a lender (often the seller of property) assumes or continues responsibility for an existing mortgage and makes a new mortgage for an additional sum which essentially "wraps" around the old mortgage, because the lender will make the payments on the old mortgage.
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