What is a Timeshare?Timeshares are basically a shared ownership of property. Timeshares have been sold in a variety of properties; however, they are most popular for shares in condominiums at resorts. By creating a shared ownership, developers are able t
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What is a Tax Lien? A tax lien is a claim by the Internal Revenue Service against a debtor's property or funds for failure to pay income taxes. When a person does not pay their taxes the I.R.S. may attempt to recover the money owed in taxes by placing a
Continue reading >>RESPA, the Real Estate Settlement Procedures Act, was enacted by Congress in 1974. Its intent was consumer protection by regulating the disclosure of all costs and business arrangements in a real estate transaction settlement process.
Continue reading >>RESPA, the Real Estate Settlement Procedures Act, regulates the disclosure of costs and affiliated business arrangements or AfBA's in a real estate settlement transaction.
Continue reading >>Definition: In 1974, Congress enacted RESPA, the Real Estate Settlement and Procedures Act.
Continue reading >>State real estate law regulates commercial and residential real property transactions, and landlord-tenant relationships.
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