This real estate terminology refers to the general release by the grantor of all claims or rights to a parcel of land when transferring real property to a new owner, the grantee. The grantor terminates any rights to claim the property, thus allowing all rights to be transferred to the grantee.
Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value, for real property (usually market value).Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a.
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We should consider whether he makes them (1) merely caricatures, or (2) type characters, standing for certain general traits of human nature but not convincingly real or especially significant persons, or (3) genuine individuals with all the inconsistencies and half-revealed tendencies that in actual life belong to real personality.
ARM: Armenian: ARM: Associate in Risk Management (Insurance Institute of america) arm: armored: arm: accredited Residential Manager (Real Estate Institute of Canada accreditation)
Designated broker: An employing or employed broker designated in writing by an employing broker to serve as a single agent or transaction-broker for a seller, landlord, buyer or tenant in a real estate transaction; does not include a real estate brokerage firm that consists of only one licensed natural person.
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Don’t worry. Here’s the ultimate guide to real estate jargon. By the time you’re finished reading this article, you’ll be fluent in all matters real estate. Amortization – Refers to the repayment schedule on a mortgage. At the beginning of a loan term, most payments are applied.
She was examining a discarded real estate sign, and realized she could turn it into a portable, foldable stand for her new iPad. she fashioned one device that allows a person with limited arm.