Deed of Reconveyance

Deed of Reconveyance – David Reecher A deed or reconveyance is a document issued by a mortgage holder indicating that the borrower is released from the mortgage debt and transfers the property title... Read More

Deficiency Judgment

Deficiency Judgment – David Reecher A judgment made by a court against a debtor indicating that the sale on a foreclosed piece of property did not cover the outstanding mortgage in full. It is a lie... Read More

Due-on-Sale Clause

Due-on-Sale Clause – David Reecher A provision in a mortgage contract that requires the mortgage to be repaid in full upon a sale or conveyance of partial or full interest in the property that secur... Read More

Encroachment

Encroachment – David Reecher A situation where a property owner violates the property rights of his neighbor by building something on the neighbor’s land or by allowing something to hang over... Read More

The Fair Housing Act

The Fair Housing Act – David Reecher The Fair Housing Act (Title VIII of the Civil Rights Act of 1968) prohibits discrimination in the buying, selling, rental or financing of housing based on race, ... Read More

Gentrification

Gentrification – David Reecher Gentrification refers to a process of urban renewal wherein a neighborhood or city develops economically so that original residents are displaced. It is often defined ... Read More