Virginia State Divorce Law, Virginia State Divorce Law

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.

NEGATIVE CASH FLOW
The investment situation where cash expenditures to maintain an investment (taxes, mortgage payments, maintenance, etc.) exceed the cash income received from the investment.

VOID
Having no legal force or binding effect; a nullity; not enforceable. A contract for an illegal purpose (i.e. gambling)is void.

EXECUTIVE
The act of making a document legally valid, such as formalizing a contract by signing, or acknowledging and delivering a deed.

BOOT
Money or other property given to make up any difference in value or equity between two exchanged properties.

MONEY
The cash deposit (including initial and additional deposits) paid by the prospective buyer of real property as evidence of his good faith intention to complete the transaction; called hand money or a binder in some states.

GENERAL CONTRACTOR
A construction specialist who enters into a formal construction contract with a land owner or master lessee to construct a real estate building or project.

HOMEOWNER'S ASSOCIATION
A non-profit association of homeowners organized pursuant to a declaration of restrictions or protective covenants for a subdivision, a PUD, or a condominium.

WAREHOUSE
A building used to store merchandise and other materials or equipment.