Sublease

Sublease – David Reecher A sublease is a real property rental agreement between an original tenant and a new tenant. The most common type of lease arrangement is between the landlord who owns th... Read More

Squatter

Squatter – David Reecher A person who settles in or occupies property with no legal claim to the property. A squatter is one who resides on a property to which he or she has no title, right or l... Read More

Shadow Inventory

Shadow Inventory – David Reecher A term that refers to real estate properties that are either in foreclosure and have not yet been sold or homes that owners are delaying putting on the market un... Read More

Sandwich Lease

Sandwich Lease – David Reecher A lease in which a party rents property from the property owner and then subsequently leases it out to another tenant. In a sandwich lease, the primary party is bo... Read More

Reverse Mortgage

Reverse Mortgage – David Reecher A type of mortgage in which a homeowner can borrow money against the value of his or her home. No repayment of the mortgage (principal or interest) is required u... Read More

Real Property

Real Property – David Reecher Real property, also referred to as real estate, realty or immovable property, is any property attached directly to land as well as the land itself. It is any subset... Read More