Constructive | Real Estate Glossary

Definition of "Constructive"

Amy Kerlin

Coldwell Banker Bullard Realty

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

The income earned on an investment, typically stated as a percentage of the market price ...

Specified limit on the dollar amount of coverage for a given loss. ...

Same as term Class: group of insureds with the same characteristics, established for rate-making pur ...

1965 federal law that provides for medical assistance to those who cannot afford to pay for it. Four ...

Legislation excluding commercial banks that are members of the Federal Reserve System from most type ...

Losses incurred by a landlord because apartments or office are unoccupied and/or tenants fail to pay ...

A mortgage is a legal document that pledges your property as security (like collateral) for a loan. ...

A real estate agent is more than just a \"sales person.\" They act on your behalf as your agent, pr ...

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

Generally, real property never depreciates in value, or more so, it is not very common for property ...

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

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

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