Today is June 10, 2020 and this is my Wednesday 5 Real Estate Words to Increase Your Vocabulary
My name is Susan Jacobs and I am a realtor at Samson Properties in Gainesville VA. Today I would like to talk about 5 Real Estate Words to Increase Your Vocabulary.
1-Adverse Possession- that’s the claim against the land of another person by virtue of open use and possession.
2-Attorney in Fact - a person who holds power of attorney for another person allowing them to execute legal documents.
3-Cloud on Title- A possible claim or encumbrance which if valid would affect or impair the title and ability to sell.
4-Life Estate- that’s when you grant the right to a person to use and possess a property for the life of an individual.
5-Set Back Lines- Lines which are required for the location of a structure in relationship to the perimeter of the property.
I hope you enjoyed learning 5 Real Estate Words to Increase Your Vocabulary. My name is Susan Jacobs with Samson Properties in Gainesville Va. If you are thinking about buying or selling a home please give me a call. I can be reached at 703-347-4418 or susan@susanojacobs.com . I’m here to help with all of your real estate needs.
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