Author: davidreecher
How many sq. ft. in an acre?
How many sq. ft. in an acre? – David Reecher An acre is a unit of land measurement in the U.S. customary measurement system. It is usually used to measure large areas of land such as a farm, a l... Read More
Acknowledgment
Acknowledgment – David Reecher Acknowledgement is a legal term that refers to a declaration that affirms a person acted on their own free will. In the real estate lending industry, acknowledgeme... Read More
Accessibility
Accessibility – David Reecher Accessibility has to do with the extent at which a disabled person is provided ease of entry into and throughout the confines of a building. In new housing construc... Read More
Acceptance
Acceptance – David Reecher Acceptance is a seller’s written statement that approves a buyer’s offer. Say that you are in the market for a new home and begin shopping around. You are ... Read More
Acceleration Clause
Acceleration Clause – David Reecher An acceleration clause is the provision included in a loan agreement that allows the lender to demand payment in full. Ultimately, the remaining balance of th... Read More
Accelerated Depreciation
Accelerated Depreciation – David Reecher Accelerated depreciation is an accounting method that lowers the value of property more quickly in the first few years of ownership. This can be contrast... Read More