Definition of "Menace"
Threat of violence to obtain a contract.
Popular Real Estate Terms
Foreign-born individual not qualifying as a citizen of the country in which he or she resides. ...
Width of a stair. ...
Physical decline in a property's value caused from use, old age, and environmental factors. ...
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Approach to determining a capitalization rate for use in valuating property so as to arrive at a suitable purchase price. To the risk free interest rate is added a risk premium to cover the ...
The right of local government to take property when no person are legally entitled to inherit or make claim to a deceased' property. ...
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The abstraction method is a valuation procedure used to determine the land value relative to the total market value of the property. The abstraction approach is most often used when there ...
Reconsideration of the value of real property. An example is getting property appraised each year to determine its current value for tax or purposes of determining whether to sell ...
Comments for Menace
What is the term for a dangerous situation existing on a property that is not corrected?
Apr 13, 2019 13:36:50Hi, Robert! Dangerous conditions could be the result of poor construction, inadequate maintenance, faulty design or substandard building materials with manufacturing defects. You might also be thinking about an "unsafe work environment" or "imminent danger". Was this helpful?
Apr 18, 2019 06:50:14Have a question or comment?
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