Personality
Definition of "Personality"
person's behavior partly genetic and partly learned through experience over time. Some people have good personal traits while others have poor ones.
Popular Real Estate Terms
A public officer given the right to authenticate a document, accept a person's oath, administer depositions, and to conduct other activities in commercial business. An official seal is used ...
Statement made verbally. It is better legally to have a written statement because verbal ones without witnesses may be denied. ...
Same as term yield: The income earned on an investment, typically stated as a percentage of the market price ...
Reconsideration of the value of real property. An example is getting property appraised each year to determine its current value for tax or purposes of determining whether to sell ...
Giving of a promise or guarantee to the receiver to instill confidence. ...
Amount of money paid for some form of property. In real estate, the price paid for property is usually the market price; however, in the case of a forced sale, as in a foreclosure sale, the ...
Amount of money that must be charged or invested in the initial stage of a business transaction to demonstrate good faith as well as to help offset some expenses. For example, the customary ...
Refurbishing or rebuilding a property, such as a house, back to its original or earlier condition. ...
The units are used as commercial offices. The purchaser of an office condominium owns the title to the individual office unit and not to the property. Maintenance fees are assessed to each ...
Comments for Personality
What does the term personality mean in a real estate contract
Jun 09, 2021 07:08:32Hey JoAnn! Thank you for reaching out to us. The term "personality" refers to the characteristic patterns of feeling, thinking, and behavior of an individual. In relation to the real estate industry, however, the term "personality" does not have a particular meaning or a different role other than its typical definition and meaning.
Jun 11, 2021 07:19:38Have a question or comment?
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