|
Private Transfer Fee
A private transfer fee covenant is a legal instrument that is filed in the real property records, which imposes an assessment payable in connection with a series of future transfers of title to certain real property. The assessment can be for a fixed amount or a percentage of the sales price, and typically runs for a limited term (usually ranging from 20 to 99 years). Unlike a transfer tax (payable to a governmental entity) a private transfer fee assessment is payable to an identified third-party, often a community association (like a homeowners' association, or "HOA"), the real estate developer, and/or an environmental or charitable organization. According to the Coalition to Save Community Benefits, private transfer fee covenants of some kind encumber approximately eleven million homes in the United States. Although encumbering a statistically small percentage of the estimated 135 million homes nationwide, increased use of private transfer fee assessments, particularly by real ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Declaration Of Covenant
Declaration may refer to: Arts, entertainment, and media Literature * ''Declaration'' (book), a self-published electronic pamphlet by Michael Hardt and Antonio Negri * ''The Declaration'' (novel), a 2008 children's novel by Gemma Malley Music * ''Declaration'' (The Alarm album) (1984) * ''Declaration'' (Bleeding Through album) (2008) * ''Declaration'' (Steven Curtis Chapman album) (2001) *''Déclaration'', 1973 album by Georges Moustaki * '' The Declaration'', 2008 album by Ashanti * ''Declaration'' (Red album) (2020) Songs *" Declaration (This Is It)", a 2012 gospel song by Kirk Franklin *"Declaration", a song by Killswitch Engage from the album '' The End of Heartache'', 2004 *"Declaration", a song by Trivium from the album '' Ascendancy'', 2005 *"Déclaration", a classical song by Leoncavallo *"The Declaration", a 1970 song by The 5th Dimension Other arts, entertainment, and media * Declaration (poker), a formal expression of intent to take some action in the card gam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, airports, public transit systems, tunnels, water supply, sewers, electrical grids, and telecommunications (including Internet connectivity and broadband access). In general, infrastructure has been defined as "the physical components of interrelated systems providing commodities and services essential to enable, sustain, or enhance societal living conditions" and maintain the surrounding environment. Especially in light of the massive societal transformations needed to mitigate and adapt to climate change, contemporary infrastructure conversations frequently focus on sustainable development and green infrastructure. Acknowledging this importance, the international co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Efficient-market Hypothesis
The efficient-market hypothesis (EMH) is a hypothesis in financial economics that states that asset prices reflect all available information. A direct implication is that it is impossible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information. Because the EMH is formulated in terms of risk adjustment, it only makes testable predictions when coupled with a particular model of risk. As a result, research in financial economics since at least the 1990s has focused on market anomalies, that is, deviations from specific models of risk. The idea that financial market returns are difficult to predict goes back to Bachelier, Mandelbrot, and Samuelson, but is closely associated with Eugene Fama, in part due to his influential 1970 review of the theoretical and empirical research. The EMH provides the basic logic for modern risk-based theories of asset prices, and frameworks such as consumption-based asset pricing and int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Association Of Realtors
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. it had over 1.5 million members, making it the largest trade association in the United States including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. The organization holds a U.S. trademark over the term "realtor". NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago. Overview The National Association of Realtors was founded on May 12, 1908 as the National Association of Real Estate Exchanges in Chicago, Illinois. In 1916, it changed its name to The National Association of Real Estate Boards (NAREB). The current name was adopted in 1972. NAR's members are residential and commercial real estate brokers, real estate salespeople, immovable property managers, appraisers, counselors, and others engaged in all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Land Title Association
The American Land Title Association (ALTA), founded in 1907, is the national trade association representing more than 6,400 title insurance companies, title and settlement agents, independent abstractors, title searchers, and real estate attorneys. ALTA's headquarters are located in Washington, D.C. In 2019, ALTA established the Coalition to Stop Real Estate Wire Fraud. Overview ALTA members conduct title searches, examinations, closings and issue title insurance that protects real property owners and mortgage A mortgage loan or simply mortgage (), in civil law (legal system), civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners t ... lenders against losses from defects in titles. Governance The 11-member ALTA Board of Governors is responsible for creating the association's strategic priorities, managing the financial health of the association and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Logical Fallacy
In logic and philosophy, a formal fallacy is a pattern of reasoning rendered invalid by a flaw in its logical structure. Propositional logic, for example, is concerned with the meanings of sentences and the relationships between them. It focuses on the role of logical operators, called propositional connectives, in determining whether a sentence is true. An error in the sequence will result in a deductive argument that is invalid. The argument itself could have true premises, but still have a false conclusion. Thus, a formal fallacy is a fallacy in which deduction goes wrong, and is no longer a logical process. This may not affect the truth of the conclusion, since validity and truth are separate in formal logic. While a logical argument is a ''non sequitur'' if, and only if, it is invalid, the term "non sequitur" typically refers to those types of invalid arguments which do not constitute formal fallacies covered by particular terms (e.g., affirming the consequent). In other wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ronald Rotunda
Ronald D. Rotunda (February 14, 1945 – March 14, 2018) was an American legal scholar and professor of law at Chapman University School of Law. Rotunda's first area of primary expertise is United States Constitutional law, and is the author of an influential 6-volume legal treatise on Constitutional LaHis other area of primary expertise is Legal Ethics, often called Professional responsibility, Professional Responsibility. He has also published an influential treatise onLegal Ethics co-published by West-Thomson Reuters, ABA. Hwasalso a senior fellow, in 2000, at the Cato Institute in Washington, D.C. In 1963, when Rotunda was 18 years old, he received a scholarship to attend Harvard University. Professor Rotunda later received a J.D. from Harvard Law School. Rotunda married Marcia Mainland, a law school classmate, in June 1969. They were married for 28 years and had two children. They were divorced in 1997. Marcia Rotunda was an attorney in the Office of University Counsel at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tyrannical Majority
Tyranny of the majority refers to a situation in majority rule where the preferences and interests of the majority dominate the political landscape, potentially sidelining or repressing minority groups and using majority rule to take non-democratic actions. This idea has been discussed by various thinkers, including John Stuart Mill in ''On Liberty'' and Alexis de Tocqueville in ''Democracy in America''. To reduce the risk of majority tyranny, modern democracies frequently have countermajoritarian institutions that restrict the ability of majorities to repress minorities and stymie political competition. In the context of a nation, constitutional limits on the powers of a legislative body such as a bill of rights or supermajority clause have been used. Separation of powers or judicial independence may also be implemented.A Przeworski, JM Maravall, I NetLibrary Democracy and the Rule of Law' (2003) p. 223 In social choice, a tyranny-of-the-majority scenario can be formally defin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
