Distribution Approach
The apportioning, disbursing, dividing, offering, or parceling out of property among individuals. (1) Probate: Court order to divide up and distribute the contents of an estate after the satisfaction of all claims against it. The estate is divided between all distributes. (2) Securities Offering: A public securities offering by an issuer or underwriter. (3) Statutes of Distribution: State laws controlling the distribution of individuals intestate estates to all distributes.
Popular Real Estate Terms
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Money set aside to buy new assets when the older ones are no longer appropriate for the intended use. An example is when the landlord must replace a deteriorating and malfunctioning air ...
Architectural plan which may include blue prints of a property project. Designs must meet technological and zoning requirements. ...
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Association of people not treated as a corporation. Examples are a limited partnership and a group of cooperative owners. ...
Local governmental ordinance breaking down the country into districts that are restricted on how private property is to be constructed and used. It applies to the land and buildings. The ...
Siding made out of aluminum, plastic derivates, or cement asbestos having ridges and valleys which is attached to the sides of buildings. ...
A clause inserted in a mortgage agreement requiring a future buyer of the subject property to obtain the consent of the lending institution prior to assuming the mortgage. In this ...
Interest in real property that exists when a tenant remains in possession of leased premises or a "hold over" after his right to possession has ended. In a tenancy at sufferance, a tenant ...

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