What Is Adverse Possession?

Adverse possession occurs when a person who does not have legal title to a piece of property—usually land—gains legal ownership of it by possessing it for a period of time set by state law. The person must have actual, visible, exclusive, and continuous possession of the property for the required time period, and their use … Read more

What Are Robber Barons?

The term “robber baron” is used to describe a powerful and wealthy business leader or industrialist of the late 19th century who used unethical and often illegal methods to amass their fortune. These businessmen were often criticized for their monopolistic practices, their exploitation of workers, and their influence over politics. Some of the most famous … Read more

Teaser Loan.

A teaser loan is a type of mortgage loan that offers a low introductory interest rate for a limited period of time, usually five years. After the introductory period expires, the interest rate increases to the fully indexed rate, which is the sum of the index rate plus the margin. What are usury rates? In … Read more

Amount Realized Definition.

Amount Realized Definition The amount realized from the sale of a security is the total cash received from the transaction, minus any brokerage fees or commissions. For example, if an investor sold 100 shares of stock for $10 per share, and the broker charged a $15 commission, the amount realized would be $950. The amount … Read more