Executor
A will may designate a representative to distribute a testator’s assets to its proper heirs/beneficiaries upon the testator’s death. This
Menu
A will may designate a representative to distribute a testator’s assets to its proper heirs/beneficiaries upon the testator’s death. This
The duty of care is the legal principle that requires parties of a business or agency to make decisions on
Encroachment refers to property boundaries between neighbors being broken. A common example of this is a property owner’s boundary line
The state and federal governments have the authority to assume a property for public or governmental use. This is called
Every property has an economic life, that is the period of years the property is believed to last. The natural
Double taxation is when a party, organization, or company is required to pay income taxes two times on the income.
A downspout, also referred to as a drain pipe is a type of pipe that is used to drain rainwater
A dominant tenement is the party that has the right to use an easement, therefore to understand a dominant tenement
The devisee is the party to whom the property is being transferred. Devisees are more commonly referred to as the
A discharged contract is a contract that is no longer enforceable, either because of its completion, or due to its
Start expanding your real estate knowledge
Get ahead by signing up for the latest real estate, investment and financial articles.
