A contingency clause in real estate specifies conditions that must be met for a contract's validity. Learn how these clauses protect buyers and sellers.

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. To understand the use of a tax reimbursement clause you need to first ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

In real estate transactions, a property deed contains key provisions that define ownership rights. One such provision, the habendum clause, specifies the extent of ownership being transferred, ...

If you’re like most homeowners, you’ll need a mortgage to buy a home. Since your home serves as collateral on the loan, your lender will want to ensure the property — its investment — is adequately ...

When engaging in a real estate transaction, it's important to understand the details of your mortgage agreement - especially clauses that dictate how ownership can be transferred. One such provision ...

For Texas business lawyers, arbitration clauses should never be treated as boilerplate. They are procedural roadmaps that dictate how disputes will be resolved, how much they will cost and who holds ...

What Is a Habendum Clause? A habendum clause defines the extent of ownership or interest that the grantee or lessee will have in the property, clarifying the rights being transferred and the duration ...

The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. Many mortgage lenders ...