Conditional Sale Contract
Real estate sales contract where possession and use is provided to the buyer, but the deed is kept by the seller until the full purchase price is met whereupon the title is placed in the buyers name. See also contract for deed; installment land sales contract;land contract.
Popular Real Estate Terms
Same as term capitalization rate: Also called cap rate or income yield. A useful way to compute the rate of return on a real estate investment. It equals the net operating income (NOI) for ...
Divider made of plasterboard or plaster used to partition rooms. A room is created by the walls surrounding it. ...
Generally, a legal notice implies a method of official notification to an individual, organization, company, or the public that a particular event is about to occur. We can call a ...
Having two families live in a residence designed for only one family. This violates single-family residence zoning. ...
History of an individual's credit financial transactions including a detailed payment analysis. The creditor history is critical for performing a credit analysis to develop a credit rating. ...
Single mortgage or other encumbrance that covers more than one piece of real estate. ...
One who receives real property under a will. ...
A charge based on the asset value of a real estate security portfolio to manage it. For an open-end mutual fond, the management charge is included in the selling cost of the security. ...
The loss of an access right to a parcel of property through another property owner's property. This could materially affect the value of the property denied access. ...
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