Material Fact
Definition of "Material fact"
Significant information that if disclosed would affect an individual's decision. For example, a buyer would probably not enter into a contract with a seller of real property if it was known that the seller was a criminal.
Popular Real Estate Terms
Partnership agreement where the parties consent to purchase the interest of those leaving the partnership while those leaving similarly consent to sell their interests to agreement for a ...
Right of an individual to be offered something before it is offered to others. For example, a tenant whose apartment is going to be converted to a cooperative has the first right of ...
land that is adjacent to water such as a stream. ...
Interests and property directly connected with real property. This would include property leases, fixtures, and access rights. ...
Combination of IRC 1034 and 121 dealing with the sale of a personal residence with the once-in-a-lifetime $125,000 exclusion that may be available for the "over-55" seller. Should the ...
Permission to do something that differs from the basic zoning requirement. An example is a homeowner receiving special authorization to build a two-family house in a single family zoned ...
Where property is sold to the highest bidder. ...
Heat resistance measure commonly used with insulating material, outside walls, and roofs. The higher the R value, the more heat transfer resistance a material has." ...
Partner in a real estate business who remains anonymous but has legal rights and obligations. ...
Comments for Material Fact
is mobile phone base station statistics for a property a material fact?
Aug 25, 2018 20:03:45You could certainly make a case for it if the static is unbearable.
Aug 27, 2018 11:20:31But we don't think it would be a strong case, especially because there's a lot of other reasons that increases and attenuates static, and a lot of workarounds that.
Have a question or comment?
We're here to help.