Bilateral Listing
(1) Agreement where the broker and the seller agree to mutual performance. The broker agrees to advertise the property at the agreed sale terms with the intention of putting together buyer and seller, while the seller agrees to sell and deliver the listed property. (2) Simultaneous listing with two separate real estate agents.
Popular Real Estate Terms
A style of architecture originating in Europe in the 1920s. The international architecture design was very functional and emphasized buildings constructed of steel, reinforced concrete, and ...
One who sells real estate or other products. ...
The smallest lot area required for building under the municipal zoning code. For example, a municipal zoning code requires all building lots to have a minimum lot area of 1/4 of an acre in ...
Law of the state establishing guidelines and requirements for constructing buildings. The standard may differ between the states. ...
Fund set aside for periodic payments, aimed at reducing a financial obligation taken out to buy real estate, or to accumulate enough funds to buy property or plant expansion. The principal ...
Water/plaster mix used as a surface for walls and ceilings. ...
A lease contract extending ten years or more. ...
Subdivided acreage with utilities usually situated within or adjacent to established communities. ...
The American Real Estate and Urban Economics Association (AREUEA) is a non-profit association founded in 1964, during the Allied Social Science Association located in Chicago. Important to ...
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