Photovoltaic
Active photoelectric cell made of silicon and activated by electromagnetic energy in the form of light waves. They are now used in a wide range of electronic systems including modulated-light systems such as fiber optics arrays, measuring devices, and in control devices. Photovoltaic cells employ a solid-state diode structure with a large area on a silicon wafer. The surface layer is very thin and transparent so that light can penetrate the silicon.
Popular Real Estate Terms
member of the National Association of Real Estate Brokers, Inc. ...
Capability of a party to enter into a contract such as having the financial and physical resources as well as mental competency to meet contractual commitments. ...
A closed-end mortgage is a mortgage in which the collateralized property cannot be used as security for another loan. See also open-end mortgage for a better understanding of the ...
one having physical existence and a life exceeding one year. It is not kept for resale in the ordinary course of business. An example is a building. ...
Land parcel bounded by two intersecting roadways. ...
The method for splitting a commission between a registered real estate sales person and the sponsoring real estate broker, and between the listing broker and the selling broker, or any ...
the type and value of real estate improvements made as well as the use to which land is put. This is controlled by zoning as well as suitability. For example, in a prime commercial downtown ...
One that is legally binding because it is in conformity with legal requirements and conditions. ...
Professional certification granted by the Institute of Real Estate Management, an affiliate of the National Association of Realtors. ...
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