LOAN SUBORDINATION

A subordinated loan is paid after all first liens have been paid. If there is a first and second mortgage loan on a property, the second mortgage is usually subordinate …

SELLER FINANCING

Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get a sizable return on the investment. And buyers …

WHAT IS A MASTER LEASE?

What is a Master Lease? Dictionary.com defines a master lease as a “controlling lease under which a lessee can sub-lease a property for a period not extending the term of …

OWNER FINANCING

What Is Owner Financing? Owner or seller financing means that the current homeowner puts up part or all of the money required to buy a property. In other words, instead …

RETALIATORY EVICTION

What is a Retaliatory Eviction A retaliatory eviction occurs when a landlord evicts a renter or refuses to renew a lease in response to a complaint or action within a …

DECLATORY JUDGEMENTS

A declaratory judgment, also called a declaration, is the legal determination of a court that resolves legal uncertainty for the litigants. It is a form of legally binding preventive adjudication …

THE FUTURE OF REAL ESTATE

So many lives are tied up in global real estate markets. A downturn in the value of real estate can upend lives, while an uptick can enrich them. Those with …

SECURITY DEPOSITS

A security deposit is an amount of money — ranging from hundreds to thousands of dollars — that a tenant pays a landlord or property manager at the beginning of …