Micki

What Is an Affidavit of Title?

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An affidavit of title is a written statement that is used to prove ownership of a piece of property. The affidavit is usually prepared by a lawyer or Notary Public, and it must be signed by the person who is making the claim of ownership. The affidavit must also be witnessed by at least two … Read more

Equity Income Definition.

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When a company generates income, it can choose to reinvest that income in the business (in the form of expansion, new equipment, etc.), pay out a dividend to shareholders, or a combination of both. The portion of income paid out to shareholders is known as equity income. Equity income is important to investors because it … Read more