Exception
A right or portion of property reserved to the grantor in a conveyance by deed. Waiver of a requirement in a lease agreement such as the landlord allowing an old tenant to have a cat or a dog.
Popular Real Estate Terms
Real estate artificial intelligence refers to the application of artificial intelligence technologies and algorithms in the field of real estate. It involves using advanced computational ...
Degree of completion or accomplishment such as a home that is 70% completed. Condition of real property. Position of an item. Legal standing such as of a case. ...
All of the conditions of the purchase and sale agreement have been fulfilled. The escrow agent prepares a written summary of the funds received in escrow, and the moneys paid out. The agent ...
Gift of real property as stipulated in a will. ...
Parcel of land that is totally surrounded by other land parcels not providing access to a highway. ...
A narrow passageway between buildings providing secondary rear access. ...
Standard language in real estate contracts and prospectuses-usually in small print. ...
Open Listing is a type of Listing where home sellers allow a real estate agent to sell their house, while not providing any kind of exclusiveness: other agents can also attempt to ...
The definition of reversion in real estate is the return of property or assets to their original owner after a prespecified event or occurrence. This real estate term is used primarily in ...
Have a question or comment?
We're here to help.