Related Articles
Exhibit 1: Mobile Home
The Mobile Home: Real Property or Personal Property? By Robin M. Barefoot The following article was originally published in the April 27, 1992 edition of the North Carolina Lawyers Weekly. The author is a title insurance company in Chapel Hill, North ...
Modular Home
A modular home is a dwelling consisting of a series of rooms or units (modules) constructed and inspected off-site in accordance with the NC State Building Code and then transported to its ultimate site and assembled on a permanent foundation. ...
Seller Concessions
The amount of money the Seller paid to or on behalf of the Buyer. The HUD Settlement statement must reflect all such moneys.
Section 1.1.6 Seller not Owner:
When the seller of a property does not hold title,but has a contract to receive title on the property: Choose Stipulation of Sale and“Seller not Owner”; and, Where the contract allows assignment, the words SUBJECT TO ASSIGNMENT shall appear in the ...
Home Office
An area which an occupant may use for business purposes. This field does NOT indicate that the current zoning permits the resident to conduct business at this location