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Frederick County, MD Real Estate Other Lawyers

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Includes: Commercial Leasing, Commercial Real Estate, Condominiums, Conveyancing, Housing & Urban Development, Premises Liability, Residential Real Estate, Title Insurance

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Noel Somoza Manalo

Commercial Real Estate, Land Use & Zoning, Real Estate
Status:  In Good Standing           Licensed:  21 Years
CONTACT
5283 Corporate Drive, Frederick, MD 21703
Profile LAWPOINTS™32/100
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Peter Dawson Fitzpatrick

Commercial Real Estate, Family Law, Corporate, Personal Injury
Status:  In Good Standing           
CONTACT
131 W Patrick St, Frederick, MD 21701
Profile LAWPOINTS™24/100
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LEGAL TERMS

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

GROSS LEASE

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintena... (more...)
A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a 'gross lease with stops,' meaning that the tenant will pitch in if the landlord's operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the 'stop level,' because that's where the landlord's share of the costs stops.

EXECUTRIX

An old-fashioned term for a female executor--the person named in a will to handle the distribution of the deceased person's property. Now, whether male or femal... (more...)
An old-fashioned term for a female executor--the person named in a will to handle the distribution of the deceased person's property. Now, whether male or female, this person is called either the executor or the personal representative.

INHERITORS

Persons or organizations who receive property from someone who dies.

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)
A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

SETBACK

The distance between a property boundary and a building. A minimum setback is usually required by law.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

SUBSTITUTED SERVICE

A method for the formal delivery of court papers that takes the place of personal service. Personal service means that the papers are placed directly into the h... (more...)
A method for the formal delivery of court papers that takes the place of personal service. Personal service means that the papers are placed directly into the hands of the person to be served. Substituted service, on the other hand, may be accomplished by leaving the documents with a designated agent, with another adult in the recipient's home, with the recipient's manager at work or by posting a notice in a prominent place and then using certified mail to send copies of the documents to the recipient.

PROPERTY

See personal property, real estate, community property, separate property.

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