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Popular Real Estate Glossary Terms
The right to allow livestock to graze on a certain range or grazing lands. Grazing rights can be obtained through a lease or by contractual agreement stipulating the period of time and the ...
Formal statement by an auditor, after through examination and consideration, as to whether a real estate company's financial statements fairly present financial position and operating ...
Lien on a given property, such as an person's house as a collateral for a loan. ...
Individual: Total assets less total liabilities less estimated taxes. It is the individual's personal equity which might be the basis for a bank loan to buy real estate. Corporation: ...
Provision for coverage for buildings and personal property within the simplified commercial lines portfolio policy (sclp). The buildings and personal property coverage may be classified in ...