A written agreement or contract between seller and purchaser in which they reach a meeting of minds on the terms and conditions of the sale. The parties concur; are in harmonious opinion. Air Rights The right in real property to the reasonable use of the air space above the surface of the...
Considering the intentions of the seller and buyer, as well as the contract terms, to clarify if an item is a fixture or personal property. Commercial Property In commercial real estate, items like display counters and manufacturing equipment are usually considered personal property and removed when...
Real Estate "U" Undivided Interest 點擊卡片即可翻轉 👆 The interest of co-owners in which individual interest is indistinguishable. (Everyone owns part of the whole property.) 點擊卡片即可翻轉 👆 建立者 katherine_ferguson45 學生們也學習了...
An estate that is limited to the lifetime of the owner is called a life estate The first central bank in the United States was the Bank of the United States The first central bank was the Bank of England Minimum capitalization and reserves for any bank that applied for a National Bank Ch...
A violation of a legal or moral duty. A broker, associate, or other real estate professional who acts against the terms of a contract or breaks a promise with the principal is guilty of this Citation The DBPR can issue these for minor violations. These are preceded by a Notice of Noncomp...
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Key Tax Terms and Concepts Explained 37個詞語 Z_Money44預覽 Real estate 101 32個詞語 radiogirl90預覽 Unit 5 35個詞語 alexis_amado7預覽 UNIT FIFTEEN - PROPERTY MANAGEMENT AND LEASING 15% 27個詞語 Matthew_Mendoza259預覽 Missouri 2 老師64個詞語 Catherine_Bary預覽 ORR Policy Section 2 15個詞語 ...
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Also known as Fee Simple Absolute, it is ownership with the greatest bundle of rights. Owner has all available rights and can always pass it to his or her heirs. Fee Simple Defeasible Ownership with conditions or terms, which if violated, could cause the ownership interest to be defeated or...
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