Grazing Rights
The right to allow livestock to graze on a certain range or grazing lands. Grazing rights can be obtained through a lease or by contractual agreement stipulating the period of time and the number of livestock that will be permitted to graze on subject properties.
Popular Real Estate Terms
Style of life emphasizing outdoor activities, amenities, and recreation. Example are campers and barbecues. It is usually on a short-term basis. ...
Implied assurance from a landlord to a prospective tenant that an apartment is safe and void of health problems. ...
Same as term financial institutions: Institutions acting as intermediaries between suppliers and users of money. The financial markets are where those wanting funds are matched with those ...
(1) The interest rate charged on a construction loan. (2) The rate at which construction loan progress payments are made. See also bridge loan; bullet mortgage; development loan. ...
Capitalization rate used to convert the expected income derived from a property into its estimated asset value. The estimated asset value may be computed by dividing the annual income ...
Voluntary giving up of a right of a lien, usually on a temporary basis. The waiver may be explicitly stated or implied. An example is when a lender waives its right of lien against ...
Foreign-born individual not qualifying as a citizen of the country in which he or she resides. ...
Activity usually performed by a governmental planning department that makes recommendations for zoning purposes of land utilization based upon demographic and commercial patterns. Land use ...
Federal tax legislation notably establishing 10% withholding on interest and dividends. ...
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