Definition of "Cause of action"

Deborah Biancofiore real estate agent

Written by

Deborah Biancofioreelite badge icon

WEICHERT, REALTORS® - Yerbey Realty

Legal claim with enough basis in fact to have a lawsuit.

Comments for Cause Of Action

Kailyn Kailyn said:

Hello, I was wondering what the term action off land means?

Oct 21, 2022  15:17:50

 
Real Estate Agent

Hello Kailyn! The term is vague without a proper context. An action off-land may refer to a procedure on a specific land surface distinct from the sea or water. Off-land could also entail a rural or agricultural area involving a farming activity.

Nov 01, 2022  12:42:46
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Fibrous, fire-proofing material that was used in buildings and homes for insulation. ...

The right and duties of using and holding property. ...

Typically, the term rider defines a financial concept, implying a written modification applied to an insurance policy, altering its initial clauses and provisions. The rider can update the ...

Use of other people's money (OPM) in an attempt to maximize the return but at high risk. The use of leverage in real estate investing is a way to maximize yield on a small down payment. ...

Property of a defaulted borrower is sold under court order, and the judge must approve the amount received. For example, Fidelity Bank has a first mortgage balance of $100,000 on Mr. X's ...

Brick wall where a space or cavity is left between the inner and outer walls and is usually filled with insulation. ...

Predetermined price for a contract that will be the same irrespective of the actual costs incurred to complete it. This contract is advantageous to the buyer because he knows beforehand ...

Latin for by itself. A per se matter is one that is alone and not connected to another matter. For example, age, per se, is not a determinant of health. ...

Capitalization rate used to convert the expected income derived from a property into its estimated asset value. The estimated asset value may be computed by dividing the annual income ...

Popular Real Estate Questions