Foreign-born individual not qualifying as a citizen of the country in which he or she resides.
Popular Real Estate Terms
Barrel, reservoir, or tank for storing rain runoff. ...
Loose combination of small rocks and pebbles used for a gutter, driveway, landscaping, or roadbed. ...
The American Society of Appraisers, also referred to as ASA, is the largest voluntary membership, a multi-discipline trade association that stands for and promotes its appraiser members. ...
A written agreement between institutional investors to buy or sell ownership shares in mortgages. An institution such as a bank can agree to buy a certain number of shares in a single or ...
Heterogeneous (as opposed to homogenous) means diverse in nature applied to a place or object composed of separate and distinct parts. In other words, heterogeneous describes something that ...
Losses arising from damage to or destruction of property. ...
ADU in real estate is an abbreviation for Accessory Dwelling Units. In everyday discourse, you might have encountered the term under the following nicknames: granny flat, backyard cottage, ...
Deterioration in property resulting from its ordinary use and from the aging process. An examples an apartment building that physically deteriorates over the years. ...
Latin term meaning legal capacity to act on behalf of oneself. ...
Comments for Alien
Can a country club require you to pay dues if you are a member and live in the neighborhood
Nov 22, 2018 12:51:32Hey again, Jane
Well, if you are a member and the country club statute says so, yes. The fact that you live in the neighborhood doesn't mean much because, in this relation, your house and residences are Aliens to the Country club.
Now, what they cannot do is charge non-members (aliens) just because they share the same neighborhood. Their statute is limited to their premises and members. It will hardly share a Homeowner's association with your house as well, since country clubs are not residences but land with a different kind of use and, therefore, rules connected to it. If you're having problems with a Country Club, we suggest reaching a lawyer to help you complaint with the city. Good luck!
Nov 29, 2018 17:10:21What does aliens mean in real estate
Nov 06, 2018 19:27:36Thanks for reaching out Jane,
Alien comes from being "alienated", so whenever you hear "alien" within the real estate context is to mean that a person is almost a third-party. The person is being alienated from whatever it is. Separate from ownership, from the decision process etc.
Nov 20, 2018 17:36:19Hope it helped!
Have a question or comment?
We're here to help.