Conditional Fee

Definition of "Conditional fee"

An estate constrained from some heirs and dedicated to others on the basis of a certain condition.

Search Real Estate Glossary

Related Real Estate Glossary terms

Accrual Interest

Interest that accrues and will be paid when a property is sold if the rental income does not cover t ...

Variable Limit

In property insurance coverages, provision whereby the limit of the policy automatically increases a ...

Lost Policy Receipt

Life insurance company form to be signed by a policyholder who wishes to surrender a policy that has ...

Termination Rate

Measure of the rate at which policies are cancelled or allowed to lapse. The termination rate is a f ...

Equity Of Redemption

Borrower's right to redeem his property by immediately paying off the loan balance and any related c ...

Workout Assumption

The assumption of a mortgage, with permission of the lender, from a borrower unable to continue mak ...

Related Real Estate FAQ

What Does FSBO Mean?

FSBO means for sale by owner. ...

What Is A Contingency?

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

Do I Need Life Insurance?

Whether you are a .boomer. an .X-er. or an .empty Nester. it is never to or too late . to think abou ...

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

What Is Comprehensive Homeowners Insurance?

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

What Is An Interest Rate?

An interest rate is the percentage the lender charges you for borrowing money. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Getting Ready to Sell? Don't make these DIY Mistakes! What Must I Disclose When Selling My Home? When to Dispute Your Home Appraisal Why Use a Real Estate Agent? How to become a real estate agent

FAQ

What do I need to know about Group Health Insurance? What is a proration? What is a lien? What type of Life Insurance is right for me? When Should I Get Travel Insurance?