Definition of "Menace"
Threat of violence to obtain a contract.
Popular Real Estate Terms
Also called all inclusive trust deed (AITD). A mortgage (trust deed) that encompasses existing mortgages and is subordinate to them. The existing mortgages stay on the property and the new ...
Market Analysis in the Real Estate Market is basically research done concerning specific properties in relation to the overall current climate of the real estate industry. A good ...
Fee payable because of late payment. For example, a mortgagor is assessed a $30 late charge by the bank for not paying the mortgage payment when due. ...
Contractual provision requiring apportionment. ...
Rental agreement directly between the landlord and tenant. If the tenant then rents it out to another, it is referred to as a sublease. The relationship takes the following form: ...
One who donated or gives a gift or bequest. ...
Amount the taxpayer gets back when he or she files the tax return at the end of the reporting year because taxes were overpaid for that year. The tax overpayment equals the tax payments ...
In real estate, Attractive Nuisance is how insurance companies classify something that is inherently dangerous and particularly enticing to children. A hazard located within a property that ...
That portion of a loan collaterized by a leased property extending beyond the expiration date of the lease. For example, a lending institution collaterizes a 20-year loan on a commercial ...
Comments for Menace
What is the term for a dangerous situation existing on a property that is not corrected?
Apr 13, 2019 13:36:50Hi, Robert! Dangerous conditions could be the result of poor construction, inadequate maintenance, faulty design or substandard building materials with manufacturing defects. You might also be thinking about an "unsafe work environment" or "imminent danger". Was this helpful?
Apr 18, 2019 06:50:14Have a question or comment?
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