Contingency What It Does Why It’s Important Financing Time to secure a mortgage Protects buyers if loan falls through …
Contingency What It Does Why It’s Important Financing Time to secure a mortgage Protects buyers if loan falls through …
Category Unit Owners Board of Directors Financial Duties Pay fees and assessments. Manage budgets and reserves. Maintenance …
Type of Fraud What It Is Red Flags Occupancy Fraud Claiming you’ll live in the property but won’t. Vague or inconsistent plans. …
Step What Happens Choose a Provider Pick a trusted title insurance company with good reviews and experience. Title Search …
Tiny Home Type Mobility Legal Hurdles THOWs Fully mobile Limited parking, RV rules Foundation-Built Fixed location Strict …
Benefit What It Means Why It Matters Economic Cuts energy and water costs. Saves money and boosts property value. …
Lease Type What It Covers Who Pays Net Lease Rent plus taxes, insurance, maintenance. Tenant handles most extra costs. Gross…
Provider What They Offer Best For Downsides Title Company Full service, includes insurance. Easy, all-in-one help. Higher cost.…
Dispute Type Resolution Method Why Mediation Works Property Sale Issues Mediation, Litigation Clears up misunderstandings …
Aspect Mediation Litigation Time Quick, wraps in weeks. Long, takes months/years. Cost Budget-friendly. Expensive. …
Feature Equity-Based Debt-Based Investment Buy a share of the property. Lend money to the developer. Earnings Share of profits …
Mistake Impact Ignoring discrepancies Overpaying on taxes unnecessarily. Missing appeal deadlines Losing the chance to …
Safety Requirement Purpose Smoke Detectors Alerts guests to fire hazards. Fire Extinguishers Helps control small fires …
Tip Benefit Know the rules Avoid accidental violations. Communicate openly Resolve issues early. Stay informed …
Zoning Category Purpose Examples Residential Housing and living. Homes, apartments. Commercial Business activities. Shops,…
Step What to Do Read fully Go through the entire contract carefully. Spot questions Highlight unclear terms for …
Aspect Residential Commercial Short-Term Purpose Living spaces. Business use. Temporary stays. Duration 6-12 months. 3-5…
Aspect Landlord Tenant Rent Sets and adjusts rent with notice. Pays rent on time. Repairs Maintains property safety. …
Zoning Classification What It Means Typical Uses Residential Land set aside for housing. Single-family homes, apartments, condos.…
Strategy What It Means Why It Works Negotiate Adjust loan terms with your lender. Buys time and avoids foreclosure. Loan …
Cause Description Misinterpreted Docs Confusion from unclear property deeds or titles. Encroachments Fences or structures …
Regulation What It Does Why It Matters NHPA Protects historic sites. Ensures preservation for the future. Section 106 Review…
Defense Explanation Improper Notice Landlord didn’t follow notice rules. Retaliatory Eviction Eviction is revenge for a …
Step What Happens Timeframe Opening Escrow Buyer deposits earnest money. 1–3 days Title Search Title is checked for liens …
Step What Happens Notification You’re informed of the government’s plan to take your property. Appraisal The government …