The title industry has its own language. Many of its words and idioms are derived from the language of the law while others are common words given special meaning related to land titles. There are also words and phrases coined over the years by the title industry itself.
(1) The act of fixing the amount of taxes or special improvement charges.
(2) The amount of taxes or special improvement charges. Special improvement charges are usually for the costs of streets, sidewalks, sewers, etc.
May 5, 2021
Bidding Wars, Federal House Finance Agency, FHFA, Housing Bubble, Mortgage Bankers, National Association of Hispanic Real Estate Professionals, National Association of Realtors, Real Estate Market, Refinance
April 5, 2021
American Rescue Plan Act, COVID, CRE Finance, Federal Housing Authority, HUD, Mortgage Insurance Premiums, Real Estate Market