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Popular Real Estate Glossary Terms
Method to compute the price of an income-producing property by dividing the asking price of the property by current gross rental income. A property in a comparable neighborhood may be ...
The right to demand that title be conveyed upon payment of the purchase price. ...
Legal mechanism available for a person who is over his head financially and is unable to meet his financial obligations. ...
Room in a building used to collect solar heat. To provide for such collection, a room is generally constructed with a glass roof and walls. ...
One that is legally binding because it is in conformity with legal requirements and conditions. ...