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

Supergrit

Type of grantor-retained income trust (grit) in which the grantor retains the right to the assets of ...

Self-procured Insurance

Policy purchased by the insured from a nonadmitted insurer. This policy can be purchased directly fr ...

Spec House

New homes built on speculation that a buyer will be found. They vary in price, size, and other featu ...

Straight Deductible Clause

Section of a policy that specifies the dollar amount or percentage of any loss that the insurance do ...

Interinsurance Claim Service Organization

Type of organization of property and casualty insurance companies whose objective is to share inform ...

Utility

An economic and highly subjective term describing satisfaction of a specified want. Utility and u ...

Related Real Estate FAQ

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is A Private Mortgage?

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

What Is A Title?

A title is the right of property ownership. ...

What Is PITI And What Does It Stand For?

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

What Happens When You Prequalify?

When you are prequalified, the lender gives you an estimate but does not formally commit to giving y ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

What Must I Disclose When Selling My Home? How To Choose A Realtor 7 Tips for a First Time Homebuyer Tax Breaks for the First Time Home Buyer Is it better to buy or sell a home first

FAQ

What are basis points? What is a subprime mortgage? What is a convertible ARM? What is a seller takeback? What is a treasury index?