Reversionary Value
Estimated value of property after a specified time period.
Popular Real Estate Terms
See savings and loan association. ...
Attorney whose name officially appears in permanent records of a case or an appeal thereto, or on the appearance docket. It gives public notice of the attorney who is handling the case. ...
Deed given by a trustee at a deed of trust foreclosure sale. ...
Rainwater pipe attached to a roof gutter channeling the run off down and away form the building. ...
The National Association of REALTORS® (NAR) is not only a commonly used term in the real estate industry, but it is also the largest trade association in the US. With over 1.4 million ...
A presale refers to selling a commercial or residential unit prior to its completion. For example, a residential home developer discounts the price of a home by $10,000 if prospective ...
Decline in real estate values occurring during economic hardships such as depression or recession. The late 1980s and early 1990s experienced a depressed real estate market. Many office ...
Giving one's approval to another, e.g., a fiduciary, to manage his or her finances. ...
The clear, open and active occupancy of real estate. For example, notorious possession is one of the tests for adverse possession. ...
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