Definition of "Township"
Six-by-six mile square area of land designated by the intersection of range lines and township lines in the rectangular survey system.
Popular Real Estate Terms
A four-unit building with four tenants in a condominium type of ownership and management. ...
As a legal term, abandonment defines a deliberate renunciation of rights to an asset or a business relationship. What does abandonment mean in real estate? In real estate, abandonment, ...
Limit on how much a borrower's payment can increase. ...
Failure, without sufficient reason, for one or both parties to perform the terms of a real estate contract. Breach requires unequivocal, decisive, and absolute refusal to carry out the ...
Environmental element that remains unchanged and strongly influences real estate valuations despite the cost of improvements. ...
The appellant definition references a concept related to legal proceedings. The appellant is the individual who is dissatisfied with the judgment in a lawsuit and asks for a superior court ...
Member Of the American Institute of Real Estate Appraisers. ...
Governmental body that reviews property tax assessment procedures. ...
Real annual return on a real estate investment. It equates the initial investment with the present value of future net cash inflows from the investment. The IRR can be determined by using a ...
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