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Popular Real Estate Glossary Terms
Same as term right of first refusal: Right of an individual to be offered something before it is offered to others. For example, a tenant whose apartment is going to be converted to a ...
Individual to whom a mortgage, or property, is pledged. ...
Frequency of death. ...
One of the parties is unable to satisfy the conditions of the purchase and sale contract. ...
(1) Land adjacent to a lake, river, or stream that can also be part of a flood area. (2) Land at the bottom of a valley or glen. ...