Possession
Holding and controlling property. It includes not only custody but also having some legal right. An example is occupying real property and enjoying its benefits.
Popular Real Estate Terms
One of a series of inclined structural supports supporting a roof. ...
Financial institution that channels the savings of its depositors mostly into mortgage and home improvement loans. It concentrates on originating , servicing, and holding mortgage loans. ...
Public record in an assessment district listing the assessed valuation of all its assessed property. ...
Typically, the term rider defines a financial concept, implying a written modification applied to an insurance policy, altering its initial clauses and provisions. The rider can update the ...
Occurring two times per year; also called semiannual. On the other hand, biennial means occurring each two years. ...
Branch of economics that applies the tools of economic reasoning to the analysis and solution of urban economic problems. ...
Loan secured by the pledge of specific collateral. ...
Failure, without sufficient reason, for one or both parties to perform the terms of a real estate contract. Breach requires unequivocal, decisive, and absolute refusal to carry out the ...
Same as term plat book: Listing of all of the plats of subdivided plots in a jurisdiction showing the location, boundaries, and plat owners. A plat book normally shows other improvements ...
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