Artesian Well | Real Estate Glossary

Definition of "Artesian well"

Richard Markussen

Realty Partners LLC

Drilled well where water rises through the opening because of naturally occurring water pressure.

Mistake made during the manufacturing process of a product that results in an inherent defect in the ...

Written statement by an insurance company attesting to the powers it has vested in an agent. ...

Individual: Adjusted gross income less itemized deductions and personal exemptions. After taxable ...

What a piece of property could be sold for on the market. ...

Monetary sums attached to an insurance company's assets, as listed on the annual statement. ...

A single numerical score, based on information in an individual's credit report, that measures that ...

A fixed-rate mortgage is a type of mortgage in which the interest rate is fixed for the life of the ...

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

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

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

A contingency is a provision included in a sales contract stating that certain events must occur or ...

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