Definition of "License"
Document issued by a public or private institution to perform some activity according to legal requirements. There is usually a license fee. An example is a real estate license.
Popular Real Estate Terms
Style of the 19th century resembling an old church. It has a tile roof, arch-shape windows, stucco walls, and pyramid roof. ...
Mortgage that has an interest rate that changes based on some event. For example, the interest rate may vary depending on changes in the prime rate or inflation rate. ...
Metropolitan locality such as a city. It is heavily populated with many residents and businesses. An example is New York City. ...
Agequake is not the era of earthquakes! It’s a term that was coined by author Paul Wallace in his 1999 book “Agequake: Ridding the demographic rollercoaster shaking business, ...
Replacement of a major component of property by another component that will result in better performance capability. Increases overall efficiency of the property. ...
Risk involved when a potential buyer or seller of property decides not to buy or sell. For example, if a seller does not sell at the offered price, he runs the risk of not being able to ...
A person has the option of canceling a contract previously agreed to. ...
Small furnace placed between the studs of a wall. It is typically electric, but in the past more frequently was gas. ...
Exterior wall not supporting a load, mostly found in office buildings. ...
Comments for License
Purged license, what does that mean?
Jan 21, 2020 17:58:48Hello, Nita! Purged as a legal term refers to clearing someone from guilt, charges, or accusations. This term is frequently used for driving records to suggest ways your driving records get purged from driving felonies or any other past records for that matter. This term usually applies for any sort of records, therefore, I think you meant purged license records to be more precise. This means nothing else than cleaning or clearing the records or history.
Apr 09, 2020 14:02:28Have a question or comment?
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