Tag: Works
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UNLIMITED VACATION: Definition, Policy and How It Works
Offering unlimited vacation time to employees is becoming increasingly popular among small and medium-sized enterprises. When workers are allowed time off to relax and rejuvenate and are trusted to take time off as they see fit, they are more likely to feel invested in the company as a whole and produce better results. To everyone’s…
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Fee Simple Ownership: Definition, Types, and How It Works
If you purchase an apartment in Florida, like a condominium or a rental apartment, the fact remains that you’ll have fee simple ownership of the real estate. The fee simple way of owning a condominium is by far the most common type of homeownership in the country. However, if you don’t own an apartment you’ll…
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SPECIAL WARRANTY DEED: Definition & How It Works (Texas & Florida)
A signed deed is required to transfer ownership of a property when purchasing a home. General warranty deeds, quitclaim deeds for property transfer between friends and relatives, and bargain and sale deeds are among the several types of deeds used in real estate. We’ll talk about the special warranty deed in this piece. We’ll go…
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ENCUMBRANCE IN REAL ESTATE: DEFINITION & HOW IT WORKS
There is a certain limit to almost everything, including an individual that owns real estate. As impossible as it may sound, someone other than the owner can actually place a claim against the property. This act is recognized as an encumbrance on real estate. As someone who’s into real estate, the word “encumbrance” should be…