Constructive | Real Estate Glossary

Definition of "Constructive"

Meaning or definition given to an act, fact. Or thing through legal or juridical interpretation.

Party that receives part or all of a construction job to do from the general contractor. ...

Agreement by the insurance company to keep the universal life insurance policy in force, even if the ...

A professional society which is an affiliate of the National Association of Real Estate Brokers. The ...

Process where a grievance or contract dispute is referred to an impartial arbitrator or a panel of a ...

Large, high-volume food store where customers serve themselves by going through the aisles and selec ...

Partially amortized and requiring a lump sum (balloon) payment at maturity. ...

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

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

Zoning is the laws that establish how a property can be used and what codes must be followed when er ...

Every person has a different idea of what financial security means. If so, should happen to you, how ...

A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...

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