Police Power
Right of any government agency to enact and enforce certain regulations to provide for the health and safety and general welfare of the public.
Popular Real Estate Terms
Lessors of real estate play a crucial role in the leasing process. They enable property owners to boost their assets and profits while providing tenants access to dwelling spaces and ...
Make changes to existing property. Example are putting in a new bathroom, kitchen, or basement ...
Unincorporated combination (roll-up) of limited partnerships in a real estate together as a group. It is usually more comprehensive, financially sound, and marketable than individual ...
Covered walkway, open to the outside, connecting two parts of a building or two buildings. A breezeway protects pedestrians from the elements but provides open access to the outside. ...
When talking about the open space ratio we are referring to a term that is used in zoning laws and regulations. The open space ratio is a term used to measure open space on a developed land ...
A legal procedure to sell a mortgage property to the highest bidder in order to satisfy a mortgage claim from a mortgagee against the value o the property. A foreclosure sale can occur from ...
Money raised by a syndicate promoter and placed into a fund prior to selecting the specific property in which funds will be invested. ...
Involves the transfer of property from one individual to another for a consideration in the form of sale. It is the most widely used type of real estate deed with a period of bargaining ...
Legal claim with enough basis in fact to have a lawsuit. ...
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