Uniform Simultaneous Death Act.

The Uniform Simultaneous Death Act is a law that governs how property is distributed when two or more people die at the same time. The law presumes that the people died together, unless there is evidence to the contrary. This presumption can be rebutted by evidence that the people did not die together. If the … Read more

Conventional Mortgage or Loan.

A conventional mortgage or loan is a mortgage that is not backed by a government agency, such as the Federal Housing Administration (FHA), the U.S. Department of Veterans Affairs (VA) or the U.S. Department of Agriculture (USDA). Lenders who issue conventional loans have more flexibility when it comes to underwriting guidelines, including credit score requirements … Read more