Cease And Desist Order
Judicial order prohibiting a person or business from doing something. The court may issue this dictate when unlawful conduct or activity is occurring.
Popular Real Estate Terms
A loan indemnified against default by the borrower. Such loans may be a mortgage loan insured by a standard mortgage insurance policy or by FHA mortgage insurance. In the event of the death ...
Unincorporated combination (roll-up) of limited partnerships in a real estate together as a group. It is usually more comprehensive, financially sound, and marketable than individual ...
The concept of a release can define various meanings in the financial and real estate business. Typically, it establishes a discharge or literal escape from a loan borrower's economic ...
The company is not responsible to a third party if an account or financial instrument is dishonored by the debtor. The creditor's recourse is solely to the debtor's property. An example is ...
An official indicating intensity of land use in a zoned urban area. ...
An agreement allowing occupancy of a premises for a stated period of time provided certain terms are met. A limited occupancy agreement is most frequently used when a prospective buyer is ...
Charitable gesture, such as when real estate is donated to a charity. The fair market value of the donated property may be tax deductible as a charitable contribution. ...
The meaning of a grace period refers to a specific time after a payment’s due date. During this period, one can reimburse the amount without penalty, extra costs, or forfeiture. Find ...
Legal lien on property on behalf of an individual who has not been paid for material furnished in constructing property. The material enhanced the value of the property, and as such the ...
Comments for Cease And Desist Order
I need to stop the sell of a heir house ASP
Jun 08, 2021 15:39:26Hey Lisa! Thank you for reaching out to us. To block the sale of a property that is owned by an heir, legal situations may arise. Whether it's by contesting a will, if that is still an option, depending on your timeline, or by filling a cease and desist order, both situations require an attorney's expertise. Try contacting legal representation with your particular situation or ask a real estate attorney for clarifications. Regardless, the information you found here should not be used as legal advice as we do not have the expertise necessary for legal advice. Contact an attorney, and they will be able to provide you with the information necessary for your situation and guide you in your pursuit.
Jun 11, 2021 07:11:45Have a question or comment?
We're here to help.