Definition of "Menace"
Threat of violence to obtain a contract.
Popular Real Estate Terms
Removal of land by the action of water. See also erosion. ...
Lender (such as a bank) that has the property of the borrower as collateral (security, lien). If the mortgage is not paid, the property may be sold to make payment on the outstanding ...
Wedge-shaped step found on a spiral staircase with a wider tread on its outside portion. ...
Regional area from which a particular product or service can expect its greatest demand. For example, a retail department store expects to attract shoppers from a market area having a ...
(1) An arrangement to buy real estate at a specified price and conditions. The failure to honor the commitment may result in damages. (2) Bank commitment to lend money in connection with ...
Contract to act on the behalf of a principal in selling real estate. The principal agrees to pay a commission to the broker when a buyer is produced who is ready, willing, and able to meet ...
Metropolitan locality such as a city. It is heavily populated with many residents and businesses. An example is New York City. ...
The act or process of decreasing in size. The total amount of decrease. ...
Monies set aside in the event unexpected repairs are needed to a building or apartment. It may be in the form of an escrow account in which the seller of the property puts funds away if ...
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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