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If you are looking to sell your home quickly because of divorce, we can help. We offer no-contingency contracts, so that you don't have to worry about the deal falling through. We will help you close in less than 2 weeks so you can move on with your life. Call Shaun O'Toole at (757) 724-1428.
JOINT AND SEVERAL LIABILITY A situation in which more than one party is liable to repay a debt or obligation and a creditor can obtain compensation from one or more parties, either individually or jointly, whichever he chooses. COMMISSION The compensation paid to a real estate broker(usually by the seller) for services rendered in connection with the sale or exchange of real property. DISTRAINT The right of a landlord, pursuant to a court order, to seize a tenants belongings for rents in arrears. LEGAL RATE OF INTEREST The maximum interest rate permitted bylaw, with anything above that rate being usury. MORTGAGE A legal document by which real property is pledged as security for the repayment of a loan. PREPAYMENT PRIVILEGE The right of the debtor to pay off part or all of the debt without penalty prior to maturity, such as in a mortgage or agreement of sale. |
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