That dollar figure may represent the replacement or actual cash
value of a piece of property damaged in a liability accident, depending on the language of the at - fault driver's policy.
There have been many instances where a seller needed to get
rid of a piece of property quickly and they needed our assistance to help them make their problem go away.
Equity Usually defined as the difference between the market
value of a piece of property and any debts against it, such as outstanding mortgages, claims, liens, rights or liabilities.
Premises liability cases are typically personal injury lawsuits in which the victim has been injured due to the negligence of the owner or
operator of a piece of property, such as a grocery store, hotel, amusement park or... Read More»
If you have a year with high income, even if it was due to a one - time event such as the
sale of a piece of property, it may cause your Medicare Part B premiums to be higher two years later.
The possibility of significantly increasing the value
of a piece of property from the refurbishing project is a gamble worth considering.
For example, if the money is used for the purchase or
construction of a piece of property, then the interest paid can be claimed as an exemption under Section 24 of the Income Tax Act.
If a private citizen or a company
disposes of a piece of property with no expectation of its return, then it can be collected by another person without hindrance.
However, any misrepresentation must be of a material fact, which is defined as one which «would be likely, under the circumstances, to affect the conduct of a reasonable person...» Thus, when a seller receives an affirmative inquiry regarding the
condition of a piece of property, the buyer is entitled to a truthful answer.
«When investors around the country take
control of a piece of property or a development opportunity,» explains Vince Costantini, president of Boston Financial's Investment Management Division, they may put up 5 % or 10 % and they can get financing for 60 % or 65 %, leaving a gap of maybe 25 %.
Leaving aside current legalities and treaties between existing states, is there a «standard» position that the libertarian worldview would take on someone taking
ownership of a piece of property that was «common», or «unowned», before?
Premises liability cases are typically personal injury lawsuits in which the victim has been injured due to the negligence of the owner or
operator of a piece of property, such as a grocery store, hotel, amusement park or private home.
Appraiser — An appraiser works with lenders to determine the value
of a piece of property.
Certificate of Title A written document issued to prove legal ownership
of a piece of property.
Expert witnesses can provide a valuable opinion on many issues in a divorce case, such as the fitness of a parent, the financial state of the marital estate or the real value
of piece of property.
For example, when items of high value are in question, a professional appraiser may serve as an expert witness to attest to the true value
of a piece of property.
Encumbrance: A liability that lowers the value
of a piece of property, such as a lien or a mortgage.
As it pertains specifically to renters insurance, appraisal can refer to an expert assessment of the insurable value
of a piece of property, or it can mean a determination of the financial amount of a loss.
Also, we should know the current value
of a piece of property.
Other types of insurance are important in real estate: title insurance, which protects lenders should questions arise about the ownership
of a piece of property, flood insurance, which is required in flood - prone areas and is almost entirely provided through the federal government, and other types of disaster insurance and home warranty insurance.