Definition of "Decree"
Decision rendered by a court of law.
Popular Real Estate Terms
When doing an Appraisal, the Appraiser has several methods to get to his/her Market Value evaluation and obtain a number regarding that property’s market value. The Income ...
Rental based on a percent of sales or profit that in addition to the constant rental amount. ...
Lack of supply of real property. When demand exceeds supply, price of the property goes up. For example, if there are only a few homes in a town that everyone desires to reside in, the ...
Need to understand what is a real estate contingency? In general, a contingency is a condition for something to happen, so the real estate contingency definition relates to provisions ...
Anything that has physical substance and form, such as land and buildings. ...
See closed-end mortgage. ...
Determines the ability of soil to absorb and draw down water. A percolation test is essential to determine the location of a drainage field for waste disposal. ...
Release of a portion of a property from a mortgage. ...
Raw land in its natural condition which has in no way been improved. ...
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