Adult Community
Definition of "Adult community"
Housing projects specifically designed to meet the community needs of the increasing number of individuals who are largely retired, having no small children. Adult communities are found in-group projects including condominiums, cooperatives, townhouses, apartment complexes, and planned communities.
Popular Real Estate Terms
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mortgage being reduced through periodic principal and interest payments. ...
Section of the Internal Revenue Code relating to depreciation. Capital improvements made to real property are depreciable. ...
To create an encumbrance. ...
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To obtain the right through authorization to act as a legal representative and agent for another. ...
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