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Popular Real Estate Glossary Terms
Null or void something; Revoke or destroy; rescind or set aside; abandon; abolish; repeal; surrender; waive; terminate. In real estate, to void a buy or sell order, price, or quantity. The ...
The term service contract is a written document covering a legally binding agreement signed by two or more parties involved. One of the parties is the hiring person or client, contracting ...
Accelerated method in which a fixed percentage factor of two times the straight-line rate is multiplied each year by the declining balance of the fixed assets book value. ...
A society of real estate professionals providing a counseling service on real estate purchase and investment decisions through a negotiated fee rather than charging a commission. ...
Coverage for the employer in the event of a tort committed by an employee in the use of his or her own car while conducting business on behalf of the employer. ...