Definition of "Contemporary"

Howard  Bladen real estate agent

Written by

Howard Bladenelite badge icon

Long & Foster Realtors

Innovative architectural designs for either single or multi level homes and other buildings incorporating innovative features, such as passive solar heating. Contemporary building plans are often developed using computer-aided design allowing great-individualized creativity.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Evaluating a locality to determine its value and appropriateness for designated objectives. ...

Income for investors arising from net long-term profits of a real estate mutual fund realized when the portfolio is sold at a gain. Fund managers pass on profits from sales of real estate ...

(1) Any asset purchased for use in production over long periods of time rather than for resale. It includes land, buildings, plant, and timber reserves. (2) In taxation, property held by a ...

Recording an expenditure having a benefit of more than one year to the cost of the property. ...

Legally proper instrument under seal that transfers title to real property from the seller to buyer. ...

A floor where the binding joists support the common joists above and the ceiling below. ...

Bond whose interest is free of federal, state, or local tax in the state of the issuer. It is typically a municipal bond of estate or county agency. For example, a New York City resident ...

A court order on an issue directly related to the immediate action. ...

An upper limit on the interest rate that can be charged in a variable rate mortgage over its life. For example, a variable rate loan is initially offered at 7% loan rate, and its interest ...

Popular Real Estate Questions