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| Resources |
Check out our Business
E-Store. The
place that you can buy or sell business related items or
services for a small ad fee.
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HABENDUM CLAUSE
A provision in a deed to real property that stipulates the estate or interest
the grantee is to receive and the type of title conveyed.
HANDBOOK
Published by the Florida Real Estate Commission for study and guidance of
students, applicants, licensees, and members of the general public on Florida
Statute 475 and other laws, acts, rules, and regulations. (available on DRE's
website.)
HAZARD INSURANCE
Coverage by contract whereby one party undertakes to guarantee another party
against loss resulting from physical damage to real property.
HEARING
A session in which testimony and arguments are presented and especially before
an official.
HIGHEST and BEST USE
A principle of value that focuses on the most profitable legal use to which a
property can be put.
HOME EQUITY LOAN
A mortgage secured by a personal residence. It provides a line of credit
available for draws when needed by the homeowner. It is sometimes used as a home
improvement loan.
HOMESTEAD
Term used to describe three separate but related situations. (1) tax exemption,
(2) a tract of land limited in size, (3) a statutory condition designed to
protect the interests of a spouse and lineal descendants.
HOUSEHOLD
One individual, or a group of individuals living in one dwelling unit.
HYPOTHECATE
To pledge real or personal property as security for a debt or obligation without
giving up possession of the property. |
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