Definition of "Fungible"
Goods that are freely substitutable. It is goods of a given class or type, any unit of which is as acceptable as another, and capable of satisfying an obligation expressed in terms of the class. For example, bushels of rice are fungibles, while parcels of real estate are not.
Popular Real Estate Terms
Principle stating that all joint tenants must acquire their interest from the same deed or will. ...
Database program that has real estate listings including property photographs. Real estate computer software allows real estate agents and brokers to search for a particular listing by ...
A partition or wall that provides no support to the structure in which it is located. For example, a nonbearing partition or wall does not support any floors above it. A partition which ...
partially factory-assembled units designed to be transported in parts to the site. The structure is completed on the actual site. ...
Expenditures incurred subsequent to the building of a structure. ...
Expenditures incurred to improve a specific real estate development; however, these improvements are not directly on the property. Example are curbs, driveways, and streets. ...
Connected group of wires, woods, or other materials surrounding real property to either protect it or act as a barrier against others. ...
A lease requiring tenants to pay all utilities, insurance, taxes, and maintenance costs. ...
Adobe construction is one of the oldest types of construction that has been used in the Americas, ancient Egypt, and the Middle East to build long-lasting structures that can be seen even ...
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