Constructive Notice


Definition of "Constructive notice"

Tax concept whereby income not actually received is considered to be constructively received by a taxpayer and thus must be reported.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Charitable And Government Immunity

Principle that no liability exposure can result from the performance of proprietary functions. ...

Alternative Minimum Cost Method

Means of funding permitted under the employee retirement income security act of 1974 (ERISA). The ad ...

Public Law 87-311

1961 federal legislation that allows the U.S. Export-Import Bank to set up insurance protection for ...

Property Damage Liability Insurance

Coverage in the event that the negligent acts or omissions of an insured result in damage or destruc ...

Cost-of-living Plan

Plan providing benefits that are adjusted according to variations in a specified index of prices. Fo ...

Blended Loan

Refinancing by a borrower in which the new interest rate takes into account the interest rate on the ...

Related Real Estate FAQ

What Is A Mortgagee?

A morgagee is the lender. ...

What Is A Convertible ARM?

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

What Does Travel Insurance Typically Cover?

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expens ...

What Is An Assumable Mortgage?

A type of purchase in which the buyer assumes the responsibility of making payments on a sellers hom ...

What Is A Wraparound Mortgage?

A wraparound mortgage is a new mortgage that includes the remaining balance on an old mortgage, plus ...

What Is An Appraised Value?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the ...

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

Agents join here
Add our widget on your Website

Real Estate Advice

What is Hazard Insurance? How To Sell Your Home When to buy a house 6 Reasons you are not selling properties How To Choose A Realtor

FAQ

What are discount points? What is a maintenance fee? What do I need to know about Individual Health Insurance? What is Long Term Care Insurance? What is an agent?