Notice Of Nonresponsability
A clearly stated notice that an owner or operator will not assume responsibility for an inherent risk. For example, at a parking garage, a large notice of nonresponsability clearly states the management is not responsible for any valuables left in a car or damage which may occur while the car is parked on the premises.
Popular Real Estate Terms
A notice, usually in writing, in which notice of termination is given by one individual or business to another. It is pursuant to a cancellation provision in a contract to forestall ...
property having an easement right through another adjoining property. The property through which the easement passes is considered to have the servient tenement. ...
Appraisal approach where property values are estimated by comparing current comparable sales. See also market approach. ...
The clause in a deed beginning with the words " to have and to hold" limiting or defining the ownership nature of the estate in the property granted by the deed. Declares the type of ...
Property owned and held jointly and equally shared by each spouse. It is purchased during their marriage, regardless of the wage-earning situation of either spouse. A spouse may not make a ...
The Exclusive Agency Listing is regularly confused with the Exclusive Right to Sell Listing, but they are not the same. True: on both Listings, only 1 Broker or Agent has the right to sell ...
Levy charged to use something such as water supplied by the town. ...
Taxes owed due to nonpayment, underreporting, or omission (unknowingly or intentionally) from a prior year. The taxing authority will demand the back taxes, including possible fines, ...
Wires, such as for electricity, places beneath the floor of a structure. ...
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