Laws that have been established by custom, usage and courts over many years.
An insurance policy covering the repair of systems and appliances within the home for the coverage period. Structural members used between beams to strengthen the structure. The payout of funds from an escrow account to pay property expenses such as taxes and insurance. The successor to the Veteran's Administration, this government agency is responsible for ensuring the rights and welfare of our nation's veterans and their dependents. An organization of home owners in a particular neighborhood or development formed to facilitate the maintenance of common areas and to enforce any building restrictions or covenants. Usually, a lender will not accept partial payments.
The amount of time which any income-producing property is able to provide benefits to its owner. Any land which has not had any significant buildings or structures erected on it. Any transaction in which the two parties are unconnected and have no overt common interests.