Month: May 2018
Habendum Clause
Habendum Clause – David Reecher The “to have and to hold” clause that defines or limits the quantity of the estate granted in the deed. Declares whether the type of ownership conveye... Read More Zoning Ordinance
Zoning Ordinance – David Reecher Zoning ordinance is a statement settling forth the type of use permitted under each zoning classification and specific requirements for compliance.... Read More Writ of Attachment
Writ of Attachment – David Reecher A writ of attachment is a court order preventing any transfer of attached property during litigation.... Read More Wraparound Mortgage
Wraparound Mortgage – David Reecher A wraparound mortgage is a junior mortgage in an amount exceeding a first mortgage against the property.... Read More 