Store Decisis
Definition of "Store decisis"
Legal practice followed in the American and English judicial systems of following the precedents of former decisions in deciding new cases. The application of this doctrine has not only enhanced the uniformity and stability of the law throughout the country, but has also enabled the courts to be more efficient by providing guidelines for current cases.
Popular Real Estate Terms
Highest amount a property is worth equal to the amount that would have to be paid to buy equivalent property in the market place. ...
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An affiliate of the National Association of Real Estate Boards, engaged in educational programs and publications for its members. Its publications include Real Estate Perspectives and Real ...
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Partially amortized and requiring a lump sum (balloon) payment at maturity. ...
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Right to enter and start construction or furnishing property that is in the process of being purchased. ...
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