Immobility
- Unable to move a structure so it must stay where it is. Except for mobile homes, property is fixed at a particular site.
- Inability of a person to move because he or she is attached in some way to the general locality. For example, a homeowner in New York City may be tied to his or her job and therefore cannot move to another state because of the lack of job opportunities.
Popular Real Estate Terms
A lease contract extending ten years or more. ...
Government compensation to farmers not to grow products to preserve the land and maintain stable agricultural products. ...
Formal or legal description of property and its dimensions included in deeds, leases, listing agreements, rental agreements, and sales contracts. ...
Tenant breaks the lease because the landlord does not keep the premises habitable. ...
Usually a fairly large site zoned and planned for the purpose of industrial development and located outside the main residential area of a city. Industrial parks normally are provided with ...
Outside layer or covering for a structure. It may be a coating of material for protection against inclement weather. ...
Short-term leases are leases that run its completion in a faster time than regular ones.In real estate, short term-leases usually refer to temporary housing; that is: rent.The length of a ...
The legal description of property is a legal instrument to determine as best as one can, the physical boundaries and characteristics of a plot of land and the housing built on top of it. ...
You’ve put your home on the market and are receiving offers. The next logical step is to sell your house to the buyer who offers you the highest amount of money and start the closing ...
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