Material Fact


Definition of "Material fact"

Significant information that if disclosed would affect an individual's decision. For example, a buyer would probably not enter into a contract with a seller of real property if it was known that the seller was a criminal.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Age-life Depreciation

Depreciation method based on the anticipated useful life of the property, allowing for normal wear a ...

Tenants Improvements And Betterments

Improvements or renovations to a leased business or residential property made by a tenant to meet it ...

Outstanding Balance

Amount still unpaid at a particular date on a loan or other financing agreement. ...

Per Stirpes

Distribution of a deceased beneficiary's share of an estate among that beneficiary's children. Contr ...

Cut-through Endorsement(assumption Of Risk)

Guarantee by a reinsurance company that payment for losses incurred by a third party will be made ev ...

Water Damage Legal Liability Insurance

Coverage for an insured's liability for damage to another's property from leakage or overflow of wat ...

Related Real Estate FAQ

How Much Will My Principal Be?

This calculator figures your principal balance after any number of payments. Input the beginning pri ...

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

What Is A Deed?

A deed is a legal document that conveys the title to a property. ...

What Do I Need To Know About Pet Insurance?

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

What Are My Coverage Options?

Our agents have a wide range of coverages available, as well as an array of choices for limits and d ...

Should I Pay Extra Each Month?

This calculator figures how much interest savings you will have depending on how much extra you pay ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? When to Dispute Your Home Appraisal 3 tips to ensure your sale goes through What is Earnest Money 7 Things to Consider Before Moving to a New City

FAQ

What is a front-end ratio? What is Freddie Mac? What is a mortgage insurance premium (MIP)? What does FSBO mean? What do I need to know about Managed Care Insurance: HMO, PPO, & and POS plans?