Armslength Transaction | Real Estate Glossary

Definition of "Arm’s-length transaction"

Transaction between unrelated entities or individuals acting in their own interest.

Property insurance coverage for only one of the parties having an insurable interest in that propert ...

A borrower who doesn't pay. ...

The rate at which a market can absorb additional units of supply without causing market saturation a ...

Cost to buy goods and services encompassed in an accepted standard level of consumption. ...

Coverage in which an insurance company's portfolio is ceded to a re insurer who re insures a given p ...

Automatic adjustment applied to Social Security retirement payments when the consumer price index in ...

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a partic ...

A mortgage is a legal document that pledges your property as security (like collateral) for a loan. ...

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

Hazard insurance is insurance coverage that compensates for physical damage to a property from natur ...

A quit claim deed is a formal document that denies a claim to a certain property. Often used to clea ...

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