Perc Test

The type of building that can be built on land varies based on the previous use of the building. Basic

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Offeror

The main element for a valid contract is that the parties that formed the contract have both mutually consented to

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Option Arm

An option ARM gives borrowers the flexibility to select different mortgage payment options, including: Principal and interest Interest-only Minimum Interest-only

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Oral Contract

An unenforceable contract is one that violates some law, thus disallowing the contract to be enforceable. A common example of

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Performance

The performance of a contract can be discharged in certain circumstances. The contract can be discharged if there are certain

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Parcel Map

A parcel map helps the city and state keep track of individual parcels of real estate. The parcel map labels

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Ordinary Income

Ordinary income is any income other than capital gains income. This includes, but is not limited to, wages, commissions, tips,

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