Realty Executives, The Executive Team, Inc.
118 Lamar Blvd #10, Hattiesburg, MS 39402, USA
8J94+FJ Hattiesburg, Mississippi, USA
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ALIENATION CLAUSE - A clause in a very promissory note or mortgage which delivers that the balance of your secured debt gets to be instantly because of and payable at the option of the mortgagee upon the alienation in the home from the mortgagor.
ATTORNMENT - The act of the tenant formally agreeing to be the tenant of the successor landlord; as in attorning to a mortgagee who's got foreclosed over the leased premises.
TITLE Coverage - A comprehensive agreement of indemnity below which the title company agrees to reimburse the insured for almost any reduction if title is just not as represented within the coverage.
ADHESION Agreement - A deal which is really a person-sided and favors the occasion who drafted the document.
AGENT - One particular that's authorized to stand for also to act on behalf of A different individual (known as the principal). A real estate broker would be the agent of his customer, whether it is the seller or buyer, to whom he owes a fiduciary obligation.
SUMMARY POSSESSION - A legal system utilized by a landlord to get back possession from the leased premises In the event the tenant has breached the lease or is holding above after the termination of tenancy.
Coming Quickly listings are homes that may quickly be available. The listing agent for these homes has added a Coming Before long Be aware to alert potential buyers ahead of time. Learn more.
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The lender initiated foreclosure proceedings on these Homes as the owner(s) were being in default on their This Site mortgage obligations. Pre-foreclosures also contain Qualities for which a foreclosure auction is scheduled. These Houses will not be found on a numerous listing services (MLS).
BUILDING Allow - A published authorization granted because of the County Making Section and necessary before beginning the development of a completely new creating or Going Here other enhancement (which include fences, fence partitions, retaining walls and swimming swimming pools).
Operating With all the LAND - Legal rights or covenants which bind or reward successive entrepreneurs of a residence are stated to operate with the land, for example restrictive building covenants within a recorded deed which would have an affect on all future owners in the property.
PERIODIC TENANCY - A leasehold estate which continues from period of time to interval, for example thirty day period to month, yr to 12 months. All circumstances and phrases of the tenancy are carried in excess of from interval to time period, and continue on for an unsure time until finally right discover of termination is presented.